Maritime Economics 3e

by Martin Stopford

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 perfect 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 industry s most comprehensive text and reference source, whilst remaining as one reviewer put it a very readable book .

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.

Genres: Economics, Nonfiction, Business, Maritime, History

840 pages, Unknown Binding

First published March 10, 1988

Reviews

[Asmaà · Rating 5 out of 5]

I was blown away by this book literally! Maritime Economics is not only a book which contains the methodological analysis of global maritime market but it also deals with maritime supply chains; that is, ocean transportation, ports, marine terminals and maritime logistics. It provides an interesting insight look on how this chain works by analyzing each part of it. Therefore, the book gives the readers the tools that enables them to fully understand the fundamentals of the global situation of the maritime market as well as its structure and his components. Highly recommended to Logistics and MBA students as well as every professional in this field. Loved it, a must read!

[Rashidul · Rating 5 out of 5]

Even though it's outdated, it still is THE BEST maritime economics book out there, by miles. I will have to refer back to it now and then while I am still in the maritime sector. I do hope Stopford is secretly working on a new and updated fourth edition! It is badly needed.

[Hafida Fahmiasari · Rating 5 out of 5]

Exquisite explanation from A to Z of the emerging shipping economies

[Laura Ramil · Rating 4 out of 5]

Martin Stopford has written this comprehensive introduction to maritime economics. I recommend it to be read by all our shipping industry professionals.

[Jose Antonio · Rating 4 out of 5]

Obra elementar para a formação de especialistas portuários. Disponível no acervo da Biblioteca da Agência Nacional de Transportes Aquaviários (ANTAQ).

[Tarik · Rating 5 out of 5]

Impressive and authoritative work of consolidation of high-level knowledge on this vast industry that is shipping.