000			07415aam a2200205 4500
008			201231b2021 ||||| |||| 00| 0 eng d
020			_a9781138999657
082			_a387.51 _bM2E2
100			_aMa, Shuo _92508717
245			_aEconomics of maritime business
260			_bRoutledge _c2021 _aOxon
300			_axx, 449 p.: col. ill. _bIncludes bibliographical references and index
440			_aRoutledge maritime masters; 7 _9379034
504			_aTable of Content: Part. I The demand 1.International trade explained 1.1.Maritime demand derived from trade 1.2.The need for trade 1.3.Classical trade theories and their limitations 1.4.New economic explanations of trade 1.5.The administrative cost of international trade 1.6.The transport cost of international trade 1.7.Summary 2.Seaborne trade in natural resources and primary materials 2.1.Maritime demand for natural resources and primary materials 2.2.Relationship between sea trade and economic development 2.3.The evolution of seaborne trade in natural resources 2.4.Price changes of resource-based demand and price elasticity 2.5.Summary 3.Seaborne trade in manufactured products 3.1.Maritime demand for manufactured products 3.2.Globalised production and trade in manufactured goods 3.3.Globalised consumption and trade in manufactured goods 3.4.Changes in maritime transport demand for manufactured goods Contents note continued: 3.5.Summary 4.The future of seaborne trade and its economic importance 4.1.The evolution of and recent changes in maritime trade 4.2.The future of maritime transport demand 4.3.The shrinking shipping cost and the effect on maritime demand 4.4.The national maritime transport dependence factor 4.5.Summary Part. II The supply 5.Productivity and structure changes in maritime transport 5.1.Maritime transport productivity 5.2.Drivers of shipping productivity improvement 5.3.The great maritime transport revolution: specialisation 5.4.A revolution in modern shipping: containerisation 5.5.The limit to productivity growth and the future trend 5.6.Summary 6.Optimisation of a ship's carrying capacity 6.1.Optimisation of a ship's size 6.2.Optimisation of a ship's speed 6.3.The impact of time in port 6.4.The impact of a ship's operation to maintenance rate 6.5.The impact of loading factor 6.6.Summary Contents note continued: 7.The main forms of shipping operation 7.1.Types of seaborne trade and the transport requirements 7.2.The main features of tramp shipping 7.3.The types of ship chartering 7.4.The main features of liner shipping 7.5.The main liner shipping operational patterns 7.6.The main operational challenges facing liner shipping 7.7.Summary 8.Ship finance and the economics of risk 8.1.The financial characteristics of ships 8.2.Sources of ship investment 8.3.Investment risks and risk management 8.4.The financial performance of ship investment 8.5.Investment in second-hand ships 8.6.Summary Part. III The market 9.Maritime operational, regulatory and technological systems 9.1.The ship operation system 9.2.The legal and regulatory system 9.3.Enforcement and implementation of regulations 9.4.The technological system 9.5.Three maritime technological revolutions Contents note continued: 9.6.System improvement and impact on shipping performance 9.7.Summary 10.The economics of port services 10.1.Port systems 10.2.Port and state 10.3.Port and shipping 10.4.Port operation and the development of ships 10.5.Evolutions of ports 10.6.Port competition 10.7.The pricing for port service 10.8.Summary 11.The economics of supporting services for maritime transport 11.1.Seafarer service market 11.2.Ship registration market 11.3.Insurance service market 11.4.Intermediary service market 11.5.Marine fuel and bunkering market 11.6.Summary 12.The economics of the maritime transport freight market 12.1.The structure and basic functions of maritime freight 12.2.The freight of the tramp shipping market 12.3.The freight of the liner shipping market 12.4.The competitive nature of the freight market 12.5.Freight market evolution and cycles Contents note continued: 12.6.Price elasticity and freight market volatility 12.7.Risk hedging and the future trading of maritime freight 12.8.Summary Part. IV The strategy 13.The economics of maritime transport competition 13.1.The focus of maritime competition 13.2.Intel-nationalisation of maritime transport cost 13.3.Standardisation in maritime transport 13.4.National competitiveness in different maritime activities 13.5.Quality versus cost - competition strategies 13.6.Market concentration and stages of national competitiveness 13.7.Summary 14.Shipping and logistics 14.1.A bigger and more complex system 14.2.Relationship between international shipping and logistics 14.3.Dimension of maritime logistics 14.4.Value added, logistics integration and competition 14.5.Logistics strategy of liner shipping companies 14.6.Summary 15.The economics of maritime safety and environmental regulations Contents note continued: 15.1.The nature of maritime safety and environmental issues 15.2.Risk-based safety and environmental regulations 15.3.Optimisation of environmental standards 15.4.New environmental agenda and emission control methods 15.5.Market-based measures for emission control 15.6.Summary 16.Digital disruption and the future of maritime transport 16.1.An analysis of shipping and related activities 16.2.Digitisation and programmability of maritime activities 16.3.Breakthroughs in digital technology and the impact on shipping 16.4.Digitalisation, automation and maritime transport 16.5.The power of big data, AI and the future of maritime risks 16.6.Competition from trade integration for customer control 16.7.The way forward for maritime transport: from digitisation to digitalisation and digital transformation 16.8.Summary.
520			_aThis book provides a comprehensive introduction to the economics of the business of maritime transport. It provides an economic explanation of four aspects of maritime transport, namely, the demand, the supply, the market and the strategy. The book first explains why seaborne trade happens and what its development trends are; it then analyses the main features of shipping supply and how various shipping markets function; the book finally addresses the critical strategic issues of the shipping business. The full range of different types of shipping are covered throughout the chapters and cases. The book combines the basic principles of maritime transport with the modern shipping business and the latest technological developments, particularly in the area of digital disruption. The ideas and explanations are supported and evidenced by practical examples and more than 160 tables and figures. The questions posed by the book are similar to those that would be asked by the students in their learning process or the professionals in the business environment, with the answers concentrating on the reasons for what has happened and will happen in the future rather than merely fact-telling or any specific forecast. The book is most suited for students of shipping-related disciplines, and is also a valuable reference for maritime professionals. https://www.routledge.com/Economics-of-Maritime-Business/Ma/p/book/9781138999657
650			_aManagement - Technological innovations _92508718
650			_aMerchant marine - Management _92508719
650			_aShipping _92508720
942			_2ddc _cBK
999			_c809731 _d809731