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Maritime Economics The Blackwell Companion to Maritime Economics presents a comprehensive and in-depth coverage of shipping and port economics. Featuring contributions from the most respected international specialists in the field, this reference offers up-to-date insights into maritime carriers and their markets (e.g., freight, intermodal and passenger), shipping economics (e.g., dry bulk, liquid bulk, container, regulation, taxation, seafaring, safety and piracy), ship economics (e.g., equity, bond and hedging ship finance) and port economics (e.g., governance, labor, competition, efficiency, choice, investment, clusters, inspection and security). In addition to providing a comprehensive s...
This open access book belongs to the Maritime Business and Economic History strand of the Palgrave Studies in Maritime Economics book series. This volume highlights the contribution of the shipping industry to the transformations in business and society of the postwar era. Shipping was both an example and an engine of globalization and structural change. In turn, the industry experienced and pioneered, mirrored and enabled key developments that led to the present-day globalized economy. Contributions address issues such as the macro-level shift of shipping’s centre of gravity from Europe to Asia, the political and legal frameworks within which it developed, the strategies and performance of both successful and unsuccessful firms, and the links between the shipping industry and the wider economy and society. Without shipping and its ability to forge connections and networks of a global reach, the modern world would look very different. By bringing together scholars from various disciplinary and national backgrounds, this book advances our understanding of the linkages that bind economies and societies together.
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The basic objective of this report is to place the debate about the future of the Northern Sea Route into the larger picture of Arctic politics and the emerging agenda of the Arctic as a developing region in international society. National security and international environmental cooperation, are the objects of study employed, both separately and in various conceptual combinations, to realize this purpose. To help me in this, I was privileged to draw on the profound expertise of my highly esteemed co-authors, Professor Franklyn Griffiths at the University of Toronto and Senior Researchers at IMEMO in Moscow: Raphael Vartanov, Alexei Roginko and Alexander Kolossov. To their cooperative spirit...
European and American authors discuss the European Community's 1985 far-reaching design for regional integration.
This book presents an innovative theory of liquid institutionalization at sea and explores the building blocks of this theory focusing in particular on institutionalization, blue governance arrangements, reflexivity and power. The book opens with an overview of stability and change in new institutional theory before moving on to discuss liquid institutionalization in more detail. The author applies this approach to three different cases: Arctic shipping; deep seabed mining; and transboundary regionalization in Europe. For each of these cases the book describes the emerging blue governance arrangements, the type of liquid institutionalization and the consequences this has for power and reflexivity.
The summer of 1991 marked the first time in recent history that Russia offered to escort ships of other countries across the Northern Sea Route (NSR). For moving cargo between the North Pacific region and Northern European ports, the NSR, along Russia's northern coastline, is between 35 and 60% shorter than the traditionally used routes through the Suez and Panama Canals. In addition to its shorter distance, there already exists an extensive ports and shipping infrastructure, a current cargo base, and the potential for developing new markets in Russia and other northern areas. These incentives are attracting considerable attention from the international shipping community, including that portion servicing Alaskan and northwestern U.S. ports. This report is a general compilation of the historical usage, recent trade developments, the current regulatory climate, the physical environment, the ports and navigational infrastructure, cost factors, and practical considerations that may shape future U.S. interests in the route.
This book maintains that container shipping is vital to the actualisation of globalisation, and that without it, globalisation would remain a concept rather than reality. It argues that container shipping has been academically overlooked as a global business sector in favour of more prominent sectors such as oil or arms trade, and aims to provide a complete history of containerisation from the 1950s to the turn of the millennium. This history explores the growth of the container industry due to prominent innovation in vessel design, early adoption of the internet, large international mergers, and significant physical alterations to the global port system. With particular emphasis on the east...
This open access book seeks to provide a survey of historical, geopolitical, economic, and environmental developments in the last 150 years and to highlight future challenges it faces as it pertains to the areas mentioned earlier. It argues that the centrality of the canal--geo-strategically and otherwise--requires a shift in scholarly focus to study the various aspects from an interdisciplinary perspective. This book addresses several gaps in the literature--the first being a lack of a systematic examination of historical aspects in the development of the canal in 150 years. The second is a careful study of the canal's geostrategic importance. The third is a combination of several disciplines that examine the centrality of the Suez Canal.
Yohei Sasakawa The Northern Sea Route is the shortest shipping route connecting the Far East and Europe. However, the route has been practically inaccessible to commercial vessels, due to the harsh natural conditions in the area, which make navigation possible for only a small part of the year, and then only with an icebreaker leading the way. Opening the Northern Sea Route would greatly facilitate international shipping, making two routes - a northbound one through the NSR, and a southbound one through Suez- available throughout all seasons. The Northern Sea Route would also help to boost economic development, including the exploitation of natural resources in Russian regions along the coast of the Arctic Ocean. Thanks to international cooperation, we have been able to set up and successfully conclude a special project to investigate the possibilities of developing the Northern Sea Route as a commercial route, while protecting the environment, wildlife and peoples of the Arctic Ocean region. This represents a highly significant step in terms of future global development.