Mel is the only course of its kind that combines shipping, ports, terminal management, and maritime logistics in the academic environment of two of europes top. An automatic algorithm for generating seaborne transport pattern maps based on ais. Bibliographic data for series maintained by sonal shukla. Regulation of the maritime industry overview of the regulatory system the titanic, the torrey canyon, the herald o free enterprise, the exxon val, erica and the prestige all provoked a public outcry which led to new regulati these are the exceptions. The economics of shipping in midsixteenth century bristol this chapter will examine the nature of the costs, risks and returns of the bristol shipping industry during the 1530s and 40s. Now in its second edition maritime economics provides a valuable introduction to the organisation and workings of the global shipping industry. Infrastructure and transport economics 562224 professor. The author outlines the economic theory as well as many of the operational practicalities involved. The perspectives for seabased transport logistics 88 5. Use features like bookmarks, note taking and highlighting while reading maritime economics 3e. Ship operating costs technological advances have led to a continuous reduction in vessel operating costs over the decades. Maritime economics oil tanker logistics free 30day. Mel is the only course of its kind that combines shipping, ports, terminal management, maritime logistics, finance and economics in the academic environment of two of europes top schools. Economic policy and world economic structure course 202014 4th term program 1.
Maritime environment institute of shipping economics and. The maritime transport sector causes considerable volumes of emission although a number of measures towards more environmental ship and port operations have been implemented having considerable impacts on the development of the climate, environment and thereby also on human health. Special issue of maritime economics and logistics meltheme of special issue. Download brochure msc maritime economics and logistics. Call for proposals palgrave studies in maritime economics.
Economics of sea transport and international trade. The msc in maritime economics and logistics mel aims at fasttracking promising young professionals into tomorrows leaders in business and government. It has been gaining popularity slowly but steadily over the past years. Lecture notes economics of marine transportation industries. The concept of logistics has been used in business for more than two decades. Download it once and read it on your kindle device, pc, phones or tablets. Focused primarily on the analysis of the factors affecting market equilibrium, the maritime economics module aims at providing the necessary insight for successful.
The contemporary development of the international maritime transport industry has been accompanied by the emergence of maritime economics as a major area of analysis, both in terms of theory and empirical research, the primary purpose of this book is to demonstrate how this analysis can be applied to the. Should i study msc in shipping from world maritime. This blend of sophisticated logistics and larger than life entrepreneurs makes it a unique case study of. In a study of transport economics, hensher and brewer 2001.
Understanding maritime economics regarding port financial. Through the twin revolutions of mechanized bulk transport and containerization, it has been spectacularly successful in reducing costs and opening up the global market. With the support of catram consultants and isl institute of shipping economics and logistics. Papers are expected to be thoroughly researched, scientifically rigorous and at the same time of direct applicability and usefulness to. Over the past 10 years or so, mel has created an enviable reputation in maritime research and education. According to current estimates, the worldwide maritime traffic is responsible for about. Maritime economics and logistics 2003 spot vs tc rates tanker sector. With focus on ocean transportation, ports, marine terminals and maritime logistics. A note for teachers welcome to the maritimesa website that has been made possible through generous sponsorship by smit amandla marine, the wellknown south african company that specialises in salvage and towing operations, as well as ship management, bunkering and offshore services. Redefining 985 maritime transport infrastructure alfred j. If i had to choose strictly between the two, i would choose the erasmus univesity degree. The operative task of maritime logistics is to convey cargo with ships on rivers, channels and seas at minimal possible. For 5000 years shipping has served the world economy and today it provides a sophisticated transport service to every part of the globe.
Find materials for this course in the pages linked along the left. A technology, which has been successfully implemented in the manufacturing sector for years already and found its way into the logistics, is simulation technology. Responsible administrator mr nils danklefsen policy department structural and cohesion policies european parliament b1047 brussels email. For this work, the survey method has been adopted as the most appropriate method to conduct the required empirical analysis. Reality doe live up to this ideal, and some experts doubt whether what passes for internation. The set of journals have been ranked according to their sjr and divided into four equal groups, four quartiles. Pdf maritime economics and logistics 2003 spot vs tc. Yet despite its economic complexity, shipping retains much of the competitive cut and thrust of the perfect market of classical economics. The programme prepares experts with modern economic and management tools for efficient decisionmaking, providing them at the same time with methods. Maritime economics free download as powerpoint presentation.
Palgrave macmillan international association of maritime economists iame contact information at edirc. Q1 green comprises the quarter of the journals with the highest values, q2 yellow the second highest values, q3 orange the third. As a consequence, highquality logistics services and the effective and efficient integration of transport and logistics systems offered by a maritime operator i. All guest lectures are courtesy of the person named, and are used with permission. Maritime economics 3rd edition wonders are many on earth, and the greatest of these is man, who rides the ocean and takes his way through the deeps, through windswept valleys of perilous seas that surge and sway.
This authoritative book is both a great introduction to the economics of the shipping industry and a valuable reference book for commercial practitioners. Previous studies on 3pl generally fall into two categories. The enlarged and substantially rewritten maritime economics uses historical and theoretical analysis as the framework for a practical explanation of how shipping works today. Assessment of port efficiency using stepwise selection and window analysis in data envelopment analysis sonal seth, qianmei feng download pdf 933kb. This blend of sophisticated logistics and larger than life entrepreneurs makes it a unique case study of classical economics in a modern setting. Logistics management as an earlier and limited version of supply chain management until the beginning of. The traditional analysis of maritime transport logistics problems has been in terms of cost benefit, economic or other optimisation criteria from the point of view of. Maritime logistics is quite a new, integrative approach to modern shipping. There are new chapters on port centric logistics, hinterland logistics and global supply chains, maritime transport and logistics as a trade facilitator, and future trends and developments. The company network of mel consists of almost 50 companies. Maritime simulation their dimensioning as well as startup and optimization of operational processes require technical assistance today. Maritime simulation institute of shipping economics and. Mar 10, 1988 yet despite its economic complexity, shipping retains much of the competitive cut and thrust of the perfect market of classical economics. Improved fuel efficiency, economies of scale, and automation in port operations all help to reduce.
The derived demand for maritime transport has evolved from a demand for the possession of goods to an integrated demand for the possession of goods that have been added value, timely, reliably and costefficiently. The impact of thirdparty logistics performance on the. This blend of sophisticated logistics and larger than life entrepreneurs makes it a unique case for 5000 years shipping has served the world economy and today it provides a sophisticated transport service. Logistics management as an earlier and limited version of supply chain management until the beginning of the 2000s. The msc mel is a unique and distinguished programme. Maritime economics second edition over the last fifty years the shipping industry has changed the shape of the world economy. The msc in maritime economics and logistics is designed to give you outstanding qualifications and to provide you with a wide array of both subjectspecific and transferable skills so that you can experience great prospects for desired positions and reboost your career in the maritime and logistics industry. Thirdparty logistics 3pl denotes a relationship between a shipper and third party which, compared with basic services, has more customised offerings, encompasses a broader number of service functions and is characterised by a longerterm, more mutually beneficial relationship. Maritime logistics dialogue in leipzig may 2017 and may 2018 and brussels. Written by a team of international experts with over fifty years experience in the field, maritime logistics provides a truly global perspective. Shipping cycles and transport patterns maritime economics this presentation will show the basic principles and processes of maritime economics, including strategy and development. The purpose of the examination will be to reveal the business environment in which bristols shipowners operated and thus the key problems that.
Postmaster maritime economics and logistics erasmus. Maritime economics 3e kindle edition by stopford, martin. Maritime economics 3rd edition 2009 by martin stopford. Shipping trends since wwii financing ships trade patterns the 4 shipping markets the shipping market today regulations strategy the tanker market. Logistics serves as a value creating driver for the customers gourdin 2001. As efficient as the maritime industry might be, and as little as it might contribute to. Ports are the milestones of that industry in all over. Information sharing for efficient maritime logistics. The first step is to identify the regulators more precisely. Contact with companies is an important cornerstone in the msc mel. Economic implications for adriatic seaport regions of further opening of the northern sea route. This journal was previously published under other titles view journal history. Thus, the shape of the world economy is highly dependent on maritime industry.
The maritime economics module aims to enhance students ability to apply micro economic theory in various shipping environments including dry bulk, tankers and liner markets. The programme prepares experts with modern economic and management tools for efficient decisionmaking, providing them at the same time with methods, concepts, and theories to enable them to. Economics of sea transport and international trade 2015. This has given rise to the concept of maritime logistics, which represents the theme of the special issue of maritime economics and logistics. In total, 75 questionnaire volunteers were selected. Emphasis on the business and policy ramifications of academic research. Over the last century the shipping industry and the. Grade 10 maritime economics maritime economics sa grade 10. Extensively revised for the new edition, the book has many clear illustrations and tables. The erasmus school of economics and rotterdam school of management. This blend of sophisticated logistics and larger than life entrepreneurs makes it a unique case study of classical econom. Assess the economic contribution of the shipping industry directly through its european supply chain through the spending of workers and those in the supply chain estimate the impact of measures permitted under community guidelines on state aid to maritime transport.
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