This remarkably authoritative book written by one of the most recognized experts in the world of maritime economics may be treated as both a perfect introduction to the maritime shipping economics and a very valuable reference source to be used by the commercial practitioners. It is a very reader-friendly publication intended for those needing a thorough and clear overview of the commercial and economic issues that are commonly involved in the ownership, chartering and management of the ships.
The author has provided an excellent description of the major canals and marine ports together with the economies of scale in vessel sizes. There are many data diagrams and informative graphs supplementing the explanations of the demand and supply of the shipping industry. The content of the volume examines the broader maritime industry including tanker ships, dry cargo vessels, the liner trading and ship sale. The author also describes the main factors contributing to the cycles affecting the shipping industry of today.
The ship management and the information required by the ship brokers for effective operation of the vessels have been covered in the pages of this book making it even more valuable. The book details the commercial and contractual fundamentals considered specific to the shipping industry and covering the balance of payments and other important aspects.
This publication has been initially acclaimed as the reference source addressing the law related to the time charters - the present latest edition of the book provides all readers with a remarkably comprehensive treatment of the subject presented in a very accessible way that made the book so useful and popular among maritime lawyers and ship owners as well as charterers, insurers and other involved parties.
The book covers both US and English law and has been significantly updated with all major decisions since the previous releases. Here are some of the English law decisions that have been covered - The Kos, The Kyla, The Captain Stefanos, The Athena, The Kildare, The Wren, The Silver Constellation, The Lehmann Timber and others; while the US law decisions addressed are The Athos I, The M/V Samho Dream and some others. Definitely valuable must-have source for every maritime lawyer.
Errata file is also included in the pack. In this release of the publication the material has been reordered and rewritten to bring it in line with the intention of the authors to make it easily accessible and understandable not only to the professional maritime lawyers. The authors were trying to present the maritime law in the subject area in a manner which would help people engaged in chartering and operating vessels...
The publication has been already widely recognized as one of the leading authorities on voyage charters and is currently treated as the most comprehensive and remarkably intellectually-rigorous analysis of the subject area - it is cited by arbitrators and in court on quite regular basis and shall definitely be considered as the excellent to-go guidance for disputing and drafting the charter party contracts.
The book is intended to provide readers with the thorough clause-to-clause analysis of the two charter party forms, namely the Asbatakvoy form and the Gencon standard charter party. The authors also deliver treatment of Hague and Hague-Visby Rules, and of COGSA, together with the good comparative analysis if English and US law; the boo also contains a detailed section dedicated to the arbitration awards.
This is the fourth edition of the book - note that it is the only book dealing specifically with the subject key area of maritime law and containing wealth of duly updated arbitrations and case law, conflict of laws and other important aspects. The publication is very user-friendly and this feature makes it accessible not only to maritime lawyers but also the other professionals of the shipping industry - we would recommend to treat this textbook as a practical guidance for all shipping law practitioners and students studying maritime law.
Here is a remarkably comprehensive publication that may serve as an excellent contribution to the literature relating to the maritime economics - it shall definitely be treated as the standard reference in the shipping industry. The publication provides readers with a good in-depth coverage of the whole scope of important issued related to the shipping industry and port economics.
The key features of it would include a truly unprecedented survey of maritime economics performed by the author covering the majority of the items involves, thorough examinations offering an updated study of the industry including all important aspects of maritime industry, logistics issues, port maintenance and management, as well as interesting discussions on the security of ships and ports and, of course, typical problems connected with the environment protection.
The book presents some original theories related to the maritime carriers and shipping ports, and features very valuable contributions from the most recognized and respected international professionals. The first part of the book is introductory while the other three parts cover maritime carriers and markets, ship economics, shipping economics and, finally, port economics.
In the several years that have passed since the times when the first Handbook was released, everyone has noticed numerous events that impacted the shipping markets. The present release of the Handbook contains numerous chapters covering such the important aspects of the maritime economics and business as the business during the XXI century, globalization-related issues, patterns of the international shipping, energy economics, shipping freight markets, shipping market cycles, modal split functions, recreation of the profit/loss of voyages conducted in the very distant past, a brief overview of the today's dry bulk shipping industry, short sea shipping, the tanker marker, its structure and associated economic analysis, co-operation and competition in liner shipping, the evolution of the global supply chain management plus the response of the liner shipping companies.
There is a separate part that has been dedicated solely to the vessel safety and pollution from ships, covering economic measures for air pollution control, accident analysis etc. The other chapters address shipping operations and management, shipping investments, finance and strategy, port economics and various important management aspects of the international logistics, information technology in logistics and shipping business, and others. The book has been influenced by the events that occurred in the early XXI century...
As it is seen from the title, this book provides most of the acronyms and abbreviations that are in use in shipping industry and international trade. It was prepared by Peter Kapoor, Master Mariner. Here is the second edition of the publication. Due to the very rapid advances occurred to the technology and commerce, including ones in maritime industry, so many new abbreviations have been introduced, and all of those newly appeared abbreviations have actually been unabated during last decades.
This made the author completely revise the first edition of this book in order to update it with the results of the very latest developments in the shipping industry and commerce. The format of the book has been significantly simplified to make all of the acronyms and abbreviations appear in one alphabetical sequence - this made the book much easier to use. In fact, the previous edition of the publication only included those foreign acronyms and abbreviations for which the full form was readily available.
The author has changed his approach and no the second edition of the book includes all foreign abbreviations, even if their full term is not available. The book will be very useful for the workers of the shipping companies and anyone involved in the shipping industry and dealing with the commercial matters.
The maritime industry of today is special and very fascinating. We consider it special because of the global nature of the industry, as well as huge investments required and highly cyclical markets - moreover, because of the unique competitive structure of the industry with so many determined players participating. From the other side, it is very fascinating because the fortunes and made - and sometimes lost - at a very fast pace.
The present publication is the outcome of the several forces that shaped the interest of the author in shipping companies and their business strategies. The rationale for this volume would be the proper understanding of the success of global shipping companies. That is why t is directly relevant to the people active in the shipping industry. The book also provides the information on how to manage in today's face of global turbulence. Such understanding will be the key not only for the industry executives but also to the professionals from the other corporations and industries.
The book is arranged in six chapters - first one sets out key strategic challenges of a shipping company, while in the second chapter we discuss the commodity-based strategies. The next chapters are discussing the moves toward niche strategies and the overall portfolio strategies, several organizational issues and, finally, the last chapter is dealing with the ownership side, making emphasis on the benefits that shipping company can make from being public...
This book presents a study of various economic decisions together with their consequences of the providers and users of shipping port services. Port users include shippers, passengers, and carriers. Port, or terminal, operators will be the primary service providers; other service providers include, for example, ship agents, customs brokers, ship pilots, stevedores, freight forwarders.
Maritime economics itself consists of port and shipping economics. This book is an introduction to port economics. Although this is only a textbook, it is still expected to be useful in maritime research, to port users and service-provider decision makers, and to those of the general public who are interested in port issues. In 1984,1 and two other business professors established the center, Maritime, Trade and Transport (MTT), at Old Dominion University. Given that Norfolk, Virginia has one of the largest container ports on the east Coast of the United States, the main mission is to perform high-quality maritime researches in order to promote the Port of Virginia and international trade in the region. Prior to 1984, although a transportation economist.
I was not a student of maritime economics. However, MTT provided the author with the opportunity to become knowledgeable in the subject. In 1986, MTT was renamed the Virginia Center for World Trade and established as an economic development agency of the Commonwealth of Virginia...