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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 s 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.


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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 s 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.

30 review for Maritime Economics

  1. 4 out of 5

    Asmae Chaouti

    This review has been hidden because it contains spoilers. To view it, click here. 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 th 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!

  2. 4 out of 5

    Rashidul

    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. 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.

  3. 4 out of 5

    Laura Ramil

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

  4. 5 out of 5

    Hafida Fahmiasari

    Exquisite explanation from A to Z of the emerging shipping economies

  5. 5 out of 5

    Jose Antonio

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

  6. 4 out of 5

    Tarik

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

  7. 4 out of 5

    Edwin

  8. 4 out of 5

    Koueen

  9. 4 out of 5

    Enrique Peña

  10. 5 out of 5

    Mike

  11. 5 out of 5

    J.S. Farland

  12. 5 out of 5

    Muna

  13. 5 out of 5

    Helder

  14. 4 out of 5

    Dola

  15. 5 out of 5

    Douglas

  16. 4 out of 5

    Valia Leni

  17. 4 out of 5

    Milton Asir

  18. 5 out of 5

    Vagelis Chadj

  19. 5 out of 5

    Max Evans

  20. 4 out of 5

    Ignatios Kokkalis

  21. 4 out of 5

    Kaisosan

  22. 4 out of 5

    Patrick

  23. 4 out of 5

    Thomas

  24. 5 out of 5

    Jørgen

  25. 5 out of 5

    Menoikos

  26. 4 out of 5

    Adem Meral

  27. 5 out of 5

    Greta Mon

  28. 4 out of 5

    Emel

  29. 5 out of 5

    Eleanor Whittaker

  30. 5 out of 5

    Radley Dicker

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