ABSTRACT
The shipping business is a lesser-known industry, but it is an extremely influential element in the global economy. This book provides a snapshot of the shipping business with micro-foundations from the perspectives of institutional and behavioural economics while uncovering hidden facts about the industry.
Rather than spending a great deal of time reading many books or consulting costly advisors about fundamental issues, readers can quickly and easily find core concepts examined from multiple perspectives. They will certainly enjoy the engaging, narrative-driven content and learn many surprising truths about this fascinating business.
TABLE OF CONTENTS
chapter 1|7 pages
The fundamentals of shipping economics
Perfections, simplifications, and the big picture
chapter 2|10 pages
The story of the ton-mile
Can we really measure demand or supply in the shipping business?
1
chapter 10|8 pages
The shipping mortgage crisis
How ship valuation methods rationalized toxic shipping portfolios and ship covered bonds
1
