• Learn from 5,000 years history of commercial shipping industry
• Shipping cycles from 1741 with commentary by year
• Updated chapters on markets, shipping, accounts, finance and a new chapter on the return on capital
• New chapters on the geography of sea trade, theory maritime trade, and specialized cargoes
• Updated sections for the merchant fleet shipbuilding, recycling and regulatory framework
• Much revised chapter on challenges and pitfalls of forecasting
• More than 800 pages, 200 illustrations, maps, technical drawings and tables
• Maritime Economics is the most comprehensive text and source of reference of the shipping industry

• Introduction to Shipping
• Sea Transport in the Global Economy
• The Economic Organization of the Shipping Market
• Shipping Market Economics
• Shipping Market Cycles
• Supply, Demand and Freight Rates
• The Four Shipping Markets
• Shipping Company Economics
• Costs, Revenue and Cashflow
• Financing Ships and Shipping Companies
• Risk, Return and Shipping Company Economics
• Seaborne Trade and Transport Systems
• The Geography of Maritime Trade
• The Principles of Maritime Trade
• Transport of Bulk Cargo
• Transport of Specialised Cargoes
• Transport of General Cargo
• The Merchant Fleet and Transport Supply
• The Ships that Supply the Transport
• The Economics of Merchant Shipbuilding and Scrapping
• The Regulation of the Maritime Industry
• Forecasting and Planning
• Maritime Forecasting and Market Research

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