The Handbook of Maritime Economics and Business

by Costas Th. Grammenos (Editor)

Overview

In its third edition, this book is the founding title of the Grammenos Library, also referred to as “The Maritime Bible” in more than 30 countries. The diversity of the subjects covered in this book remains unique and is the result of research developed over many years. The chapters are not only comprehensive in their coverage, but also have important implications on real life issues in maritime business.

The new edition covers a vast number of topics, including:

• Shipping Economics and Maritime Nexus

• International Seaborne Trade

• Economics of Shipping Markets and Shipping Cycles

• Economics of Shipping Sectors

• Topics in Liner Shipping

• Decarbonisation and Green Shipping

• National and International Shipping Policies

• Aspects of Shipping Management and Operations

• Shipping Investment and Finance

• Port Economics and Management and Maritime Clusters

• Aspects of International Logistics

This book will be of use to university students, researchers, and academics. It will also satisfy the curiosity and widen the knowledge horizon of practitioners and policy makers in the areas of shipping investment and finance, shipbroking, shipping operations, shipping sustainability, maritime law, and marine insurance, as well as port management, energy and commodity trading, and the wider supply chain.

Product Details

ISBN-13:	9780367204716
Publisher:	Taylor & Francis
Publication date:	12/30/2025
Series:	The Grammenos Library
Edition description:	3rd ed.
Pages:	1120
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

Professor Costas Th. Grammenos, CBE, BA (Panteion University), MSc (Bangor University), DSc (City, University of London), FCIB, Hon FIMarEST, FRSA is LRF Professor in Shipping, Trade and Finance, former Pro Vice-Chancellor of City, University of London (now City St George’s, University of London) and former Deputy Dean of its Cass Business School (now Bayes Business School) where he founded the Centre for Shipping, Trade and Finance in 1983.

Table of Contents

Part One: Shipping Economics and Maritime Nexus, Chapter 1 Maritime business: continuity and change, Chapter 2 Globalisation – The Maritime Nexus, Part Two: International Seaborne Trade, Chapter 3 International Trade in Manufactured Goods, Chapter 4 Energy Economics and Trade, Part Three: Economics of Shipping Markets and Shipping Cycles, Chapter 5 Shipping Market Cycles, Chapter 6 Shipping Freight Economics: A Theoretical and Practical Application, Chapter 7 The post WWII dry cargo tramp shipping cycles,  Chapter 8 Economics of the markets for ships, Part Four: Economics of Shipping Sectors, Chapter 9 An Overview of the Dry Bulk Shipping Industry, Chapter 10 The Liquefied Natural Gas and Liquefied Petroleum Gas Shipping Markets, Chapter 11 Economics of Short-Sea Shipping, Part Five: Topics in Liner Shipping, Chapter 12 Competition Through Cooperation in Liner Shipping, Chapter 13 The Strategies of Container Shipping Companies in the Evolution of Global Logistics, Chapter 14 Estimating the Productivity and Efficiency of Container Ports and Terminals: Concepts, Methods and Applications, Part Six: Decarbonisation and Green Shipping, Chapter 15 Shipping decarbonisation: overcoming the obstacles, Chapter 16 Environmental Strategy and Performance in Shipping, Chapter 17 The insurance implications of IMO greenhouse gas initiatives, Part Seven: National and International Shipping Policies, Chapter 18 Maritime policy and globalisation; jurisdictions, governance, juxtaposition, Chapter 19 The shipbuilding and ship recycling industry from an economic perspective and an international/global point of view, Part Eight: Aspects of Shipping Management and Operations, Chapter 20 Location of Shipping Companies: a preliminary analysis of the role of ship registration and ownership, Chapter 21 Α Strategic Human Resources Management Generic Framework for the Shipping Industry, Chapter 22 Maritime business administration: classifications, functions and maritime transportation, Chapter 23 Executive Compensation in Shipping, Chapter 24 Vessel Accidents, Part Nine: Shipping Investment and Finance, Chapter 25 Shipping investment in the watershed years: “come fuel and high uncertainty”, Chapter 26 Credit Risk, Analysis and Policy in Bank Shipping Finance, Chapter 27 Shipping finance and international capital markets: post-crisis lessons and forward challenges, Chapter 28 Business risk measurement and management in the cargo carrying sectors of the shipping industry – a historical perspective and recent developments, Chapter 29 Managing Freight Rate Risk using Freight Derivatives: An Overview of the Empirical Evidence, Chapter 30 Valuing maritime investments with real options: the right course to chart, Chapter 31 Behavioural Finance and Shipping Investment, Part Ten: Port Economics and Management and Maritime Clusters, Chapter 32 Port management, operation and competition, a focus on North Europe, Chapter 33 Maritime clusters, Part Eleven: Aspects of International Logistics, Chapter 34 Sources of competitiveness for the EU global logistics power: Evidence from comparative panel analysis of air- and sea- mode choice, Chapter 35 Digitalisation in logistics and maritime transport