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Maritime Economics

In: Business and Management

Submitted By kikepalau
Words 10161
Pages 41
CERTIFICATE IN
MARITIME ECONOMICS
MODULE ONE
Economic Geography of Maritime
Transport
Dr. Stavros Tsolakis

Lloyd's and the Lloyd's crest are the registered trademarks of the society incorporated by the Lloyd's Act 1871 by the name of Lloyd's.

CONTENTS
WELCOME TO THE COURSE ........................................................................................................ 3
STRUCTURE OF THE COURSE ...................................................................................................... 4
INTRODUCTION TO MODULE 1 ................................................................................................... 7
1.

ECONOMIC ANALYSIS OF THE SHIPPING INDUSTRY ........................................................... 8

1.1

The Function of Shipping .................................................................................................. 8

1.2

The Structure of World Seaborne Trade and the Demand for Shipping Services....................... 8

1.3

The Ton-Mile as a Measurement of Demand for Shipping Services ....................................... 12

2.

ANALYSIS OF GLOBAL COMMODITIES ON-BOARD SHIPS .................................................. 14

2.1

Crude Oil Seaborne Trade .............................................................................................. 14

2.2

Other Challenges for Crude oil Transportation ................................................................... 16

2.3

Iron Ore Seaborne Trade ............................................................................................... 16

2.4

Coal Seaborne Trade ..................................................................................................... 19

2.5

Grain Seaborne Trade .................................................................................................... 21...

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