Maritime Economics 3e

By Alan E. Branch, Martin Stopford, Branch Alan

Book Overview

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.

• Format: Paperback
• Language: English
• ISBN: 041527558X
• ISBN13: 9780415275583
• Release Date: February 2009
• Publisher: Routledge
• Length: 816 Pages
• Weight: 6.77 lbs.
• Dimensions: 1.5" x 6.9" x 9.5"

Customer Reviews

Still the best shipping reference book

When looking for shipping data, or in doubt about a definition or a topic, go to Maritime Economics first. The data are all in need of updates. And for this, the quickest update will be had from the Clarkson Shipping Review and Outlook, which is updated semi-annually. Also don't forget to check out the freebies on the Clarkson website. Clearly, we all await a newer edition.

The Bible of Shipping

It is the Bible of Shipping, a must for anyone interested on the Maritime World

Best book ever on Maritime Economics

Maritime Economics by Martin Stopford is not only the most comprehensive and understandable introduction to the world of shipping but today also a "must have read" for newcomers to both the shipping and vessel finance industries. Well written, close to real life practice. Just read it and get convinced

mariitme economics

It is an excellent guide book to students whose willing to study maritime business. It provides not only a good theorical understanding but real aspect getting from author's plenty experiences. If you want to learn about maritime transport economy, it is neassary to read it as soon as possible.