Maritime Economics

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.