For 5000 years shipping has served the world economy and today it provides a sophisticated transport service to every part of the globe. Yet despite its economic complexity, shipping retains much of the competitive cut and thrust of the aperfecta market of classical economics. This blend of sophisticated logistics and larger than life entrepreneurs makes it a unique case study of classical economics in a modern setting. The enlarged and substantially rewritten Maritime Economics uses historical and theoretical analysis as the framework for a practical explanation of how shipping works today. Whilst retaining the structure of the second edition, its scope is widened to include: lessons from 5000 years of commercial shipping history shipping cycles back to 1741, with a year by year commentary updated chapters on markets; shipping costs; accounts; ship finance and a new chapter on the return on capital new chapters on the geography of sea trade; trade theory and specialised cargoes updated chapters on the merchant fleet shipbuilding, recycling and the regulatory regime a much revised chapter on the challenges and pitfalls of forecasting. With over 800 pages, 200 illustrations, maps, technical drawings and tables Maritime Economics is the shipping industryas most comprehensive text and reference source, whilst remaining as one reviewer put it aa very readable booka. Martin Stopford has enjoyed a distinguished career in the shipping industry as Director of Business Development with British Shipbuilders, Global Shipping Economist with the Chase Manhattan Bank N.A., Chief Executive of Lloyds Maritime Information Services; Managing Director of Clarkson Research Services and an executive Director of Clarksons PLC. He lectures regularly at Cambridge Academy of Transport and is a Visiting Professor at Cass Business School, Dalian Maritime University and Copenhagen Business School.... 1830a1914 Indicated Length Gross horse Knots Consumption Hull Propulsion Engine Transit Name (feet) tonnage power ... Wood Paddle Steam 1848 Baltic 282 3, 000 800 Wood Paddle Steam 1850 9.5 Persia 376 3, 300 3, 600 13.8 150 Iron Paddle ... 1901 5.4 Wilhelm II screw expansion Mauretania 787 31, 938 70, 000 25 1000 Steel Quad Turbines 1907 5.0 screw ... The range of cargoes being shipped by sea in the mid- to late nineteenth century is shown at the top of the diagramanbsp;...
|Title||:||Maritime Economics 3e|
|Publisher||:||Routledge - 2009-01-21|