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Maritime Economics ebook

by M. Stopford


Over the last fifty years the shipping industry has changed the shape of the world economy. Through the twin revolutions of mechanized bulk transport and containerization, it has been spectacularly successful in reducing costs and opening up the global market. No part of this book may be reprinted or reproduced or utilized in any form or by any electronic, mechanical, or other means, now known or.

Also, this book is economics from the point of view of a powerful player in the field, either a shipowner, a major corporation or a shipbuilder. As such, it is very much open to leftist critiques of mainstream economics that it's simply the information necessary for moneyed interests to assert themselves and doesn't actually try to explain with much depth.

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

840 Pages · 2011 · 3. 6 MB · 3,890 Downloads ·English. Before you speak, let your words pass through three gates: Is it true? Is it necessary?

The enlarged and substantially rewritten Maritime Economics uses historical and theoretical analysis as the framework for a practical explanation of how shipping works today.

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. The enlarged and substantially rewritten Maritime Economics uses historical and theoretical analysis as the framework for a practical explanation of how shipping works today.

Samenvatting Maritime Economics - summary of the book about maritime economics by m. stopford. 9Pages: 24year: 15/16. 9. Summary of Transport economics and Management. 3Pages: 94year: 15/16.

This is a splendid book, well illustrated, with plenty of technical explanation as to the hardware employed by this fascinating industry. It deserves to be at the elbow of all those who pretend to any knowledge of the amazing maritime world we cheerfully inhabit. Michael Grey, Lloyd's List.

Maritime Economics is an exceptionally well-written overview of the .

Maritime Economics is an exceptionally well-written overview of the international shipping industry. 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 . Also, this book is economics from the point of view of a powerful player in the field, either a shipowner, a major corporation or a shipbuilder.

Hence it is an excellent supplement to Stopford’s Maritime Economics.

This book is an introduction to shipping market economics.

Stopford provides a valuable introduction to the organisation and workings of the global shipping industry, outlining the economic theory behind this large and complex subject, and dealing with many of the operational practicalities involved. This book is an introduction to shipping market economics. It aims to explain how the shipping market is organized and to answer some basic questions about how it works: How are prices and freight rates determined? Are there market cycles?

An introduction to the organization and workings of the global shipping industry. This text outlines the economic theory behind this large and complex market and at the same time deals with many of the operational practicalities involved. A blend of the theoretical with the practical is maintained throughout the volume, with more narrowly statistical detail contained in the appendices. In addition to the illustrations and tables, an annex sets out the basic principles for developing a market forecasting model on a microcomputer.
MilsoN
As background, I work in finance, specifically equity research and money management
In an attempt to get away from the typical Wall Street drivel, I bought three books on shipping
This is by far the best comprehensive book.
It covers the actual aspects of operating a ship (always important when understanding an industry)
But it covers the economics of a ship owner, some macro analysis on trade and a great section on maritime history
More importantly, it review the history of shipping cycles
Thus is book gives investors all the tools to evaluate the shipping sector for potential investments
If nothing else, buy this book first, read it, then see what else you need to learn

Only criticism is that the 2008-2011 boom collapse is not really covered in this edition (2009 edition but really only has data up to 2007) which is understandable, but an analysis of the current extreme boom and subsequent bust would be helpful

Enjpy
Steep
This book provides an excellent introduction to the "macro" issues surrounding the shipping trade. Perspective is provided on the growth of volume of trade over time, geographic areas the ship construction business and financing in this field (among many other areas). The book does not, however, prvoide (nor is it intended) a "micro" analysis as to how business is conducted on a day-to-day basis (i.e., bunkering, role of different crew members, role of agents, etc.). For an excellent introduction to this one should instead refer to "The Business of Shipping"

Books weaknesses are:

a) Dated information. This most important weakness by far. Nearly all data/information, most of which the author collected and/or tabulated himself (and in many cases developed himself) is from the early 1990s and the late 1980s. Immense changes resulting from seaborne trading patterns due to China's and emergin nation's economic integration into the global economy are hence not discussed in the book. This is desprite the fact taht these chages are probably the most radical to maritime trade since the end of WWII.

This problem will hopefully be remedied in the new edition of the book which is to be released January 2009.

b) Little discussion regarding the market for crews. This is despite the fact that the author himself expllicitely states this is a critical bottleneck for the industry. A chapter (or at least a few pages instead of a sentence or two) adressing this aspect of the business is needed.

Update:

A new Third Edition of this book has recently been published that updates most of the information contained in the 2nd ed. Althouth about $20 more expensive, this updated information, along with other improvements (i.e., expanded chapters, very detailed cost-breakdown information on a variety of different types of vessels, etc.- for more details see my review of the third edition) make this extra $20 a worth while investment.
Went Tyu
Quite simply, I cannot speak highly enough of this wonderful tome! It far surpasses any other current study in the field of Maritime Economics (i.e. the shipping industry). Specific chapters cover virtually every conceivable aspect of the field, from history and technology to finance and business cycles. Well written, magnificently thorough, and very engaging, Stopford's classic study (now in its third edition) is a standard-unto-itself -- a decidedly rare achievement for a book in ANY field. Expensive, yes, but absolutely worth the price! A+++++++++++++++++++++++++++
Alien
Its a tough read, but is absolutely encyclopedic.
Brialelis
I bought this for school
Gio
This book is loaded with useful information.
Nuadora
The first thing to note about this book is its physical presence. This book is heavy --- as in when I slipped it into my luggage at the last minute before a flight I had to take it out and carry it with me because it put me over the limit. This book is an argument for ebooks.

i read this book from the point of view of someone who knows nothing about the field but wanted a thorough introduction. For that purpose, it was perhaps less than ideal. The book loses the forest for the trees, bombarding the reader with statistics that you're not going to remember in five minutes anyway. There are a number of graphs that condense data to a more memorable format, but still, the major issues get buried and you'll have to keep stepping back and asking what the big picture is. (Each chapter has a summary, but ---no surprise --- there is no conclusion.)

Also, this book is economics from the point of view of a powerful player in the field, either a shipowner, a major corporation or a shipbuilder. As such, it is very much open to leftist critiques of mainstream economics that it's simply the information necessary for moneyed interests to assert themselves and doesn't actually try to explain with much depth. References to labor issues could be condensed down to maybe five pages (out of 743). The environmental impacts of such intensive global travel or the political impacts of such trade receive nary a word. Again, the bigger picture is slighted.

A number of readers probably couldn't care less about those concerns and will (per the other reviewers) find it helpful for grasping the nuts and bolts of merchant shipping from a shippers' perspective. They will, however, still might object to the redundancy of the book. The same issue tends to get exhaustively covered from several similar angles, and the reader has to be on their toes to remember exactly what was said previously to appreciate how things are different and the implications of those changes.
Maritime Economics Second Edition

I am writting my thesis and i belive no other book is this world could help me more than this!
Its complete, easy language and full of useful informations! No regrets for buying this and totally
reccomend!
Maritime Economics ebook
Author:
M. Stopford
Category:
Nature & Ecology
Subcat:
EPUB size:
1672 kb
FB2 size:
1662 kb
DJVU size:
1226 kb
Language:
Publisher:
Routledge; New edition edition (May 1, 1988)
Pages:
432 pages
Rating:
4.2
Other formats:
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