![]() Whilst retaining the structure of the second edition, its scope is widened to include: The enlarged and substantially rewritten Maritime Economics uses historical and theoretical analysis as the framework for a practical explanation of how shipping works today. This blend of sophisticated logistics and larger than life entrepreneurs makes it a unique case study of classical economics in a modern setting. Yet despite its economic complexity, shipping retains much of the competitive cut and thrust of the ‘perfect’ market of classical economics. ![]() MARITIME ECONOMICS Winner of the Chojeong Book Prize 2005 for ‘making a significant contribution to the development of maritime transport academically and practically’ ‘In its breadth, this book is a tour de force and anyone who reads it cannot but be better informed about the shipping world’ Lloyds List, 17th December 1997 For 5,000 years shipping has served the world economy and today it provides a sophisticated transport service to every part of the globe.
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