The shipping industry has an impact on each and every one of us every day. Ships transport the food we eat, the clothes we wear, the cars we drive, the materials used to build our homes, and the fuel that heats them. Yet traditional shipping companies - ones that combine various aspects of shipping under one organizational roof - are on the decline. They are gradually being replaced by new, more specialized companies with more strategic clarity and managerial focus. In Shipping Strategy Peter Lorange draws on his extensive experience in the shipping industry to show how companies can adapt to the fast-moving and volatile world of maritime business by devising strategies for future success, including specialization and innovation.

UK is a globally competitive location for shipping. The maritime sector earns £8.8 - £11.8 billion for the economy and supports 214,000 jobs. The Government's new maritime strategy poses the right questions about UK shipping but does not yet provide compelling answers on a range of key points. In particular, it is unclear how the Government plans to address the looming skills gap whereby the UK will have 5,000 fewer deck and engineering officers than the UK's maritime sector is predicted to require by 2021. The Committee recommends that the Government: make an explicit commitment to address fully a significant looming shortfall in UK trained seafarers partly through the Tonnage Tax, SMaRT funding and apprenticeships; commission an independent review of the MCA to evaluate how far a ongoing budget cuts may weaken the UK's ability to enforce compliance with international shipping regulations, undermine its status as a high-quality flag nation and shrink its influence within the International Maritime Organisation.; review the support the UK provides through its oversight of the Red Ensign Group to a number of competing registries of crown dependencies and UK overseas territories to raise the standards of the vessels which fly under the this flag; implement stronger seamanship qualifications by 2016 for the crew of all transfer vessels taking staff to and from offshore wind farm installations (and to call for voluntary compliance with these higher standards before that deadline); and support London International Shipping Week 2015 but showcase shipping around the country

This title was first published in 2000. This text focuses on one geographical and economical area - the Asia-Pacific region, on one type of decision makers - commercial shipowners, and on one type of business strategy - corporate level strategy, to show economic change and how organizations manage that change. This book discusses the challenges that shipowners face to take advantage of that growth. It also looks at the lack of information on strategic decision making that could assist the shipowners in taking advantage of the economic situation. The chapters cover the types of business strategies available and how to select the criteria for selecting one of those strategies.

Shipping and Logistics Management serves to consolidate the knowledge its authors have acquired from being educators and observers of the shipping industry. Against the background of a global business environment, it explains how the shipping market functions, examining the strategic and operational issues that affect entrepreneurs in this industry. The authors discuss global trends and strategies in the shipping business, looking at the role of logistics service providers and at how the use of information technology can help shipping operations. Shipping and Logistics Management also aims to answer several important questions in the shipping industry, including: what are the shipping cost structures?, what are the patterns of sea transport? and how do companies in the shipping industry operate? An invaluable source of information for researchers and advanced, or graduate, students, Shipping and Logistics Management is also a useful reference for shipping practitioners and consultants.

This book explains global trends and strategies in the shipping business, looking at the role of logistics service providers and at how information technology can help shipping operations. It also introduces best practices and advice that will allow professionals to improve the management of shipping and logistics activities. The book consists of sections examining shipping and trade, business strategies for shipping, intermodal container transport operations, and ports. This new edition adds a new fifth section with four new chapters that discusses contemporary issues in shipping. The new chapters are related to risk management in shipping, shipping security and safety, environmental and social sustainability, and a review of new technologies in the shipping industry and their future potential. An invaluable source of information for researchers and advanced, or graduate, students, Shipping and Logistics Management is also a useful reference for shipping practitioners and consultants.

Shipping is by far the most significant mode of transportation for the carriage of freight. In terms of volume alone, no other mode comes close. Its dominance is even more overwhelming when distances are accounted for. This book is concerned with the economics of this pivotal mode of transportation. It reveals that the influences on the development and current state of shipping economics research are extremely eclectic. The various chapters in the book represent areas that are of central concern to ongoing research in the field. As such, the book is useful to students, researchers, industrialists, policy makers and consultants. The authors of the contributed chapters are some of the leading names in the world of shipping economics, addressing a number of diverse areas: The econometric modeling of shipping markets; Shipping finance (a critical issue in such a capital intensive industry); Fiscal policy (and its impact on an international industry with great asset mobility) and Safety and security (aspects that have risen to prominence with increasing concerns over the environment and international terrorism). Ultimately, while shipping as a business depends upon trade, it is absolutely certain that the business of trade depends upon shipping. The final two chapters, therefore, incorporate aspects of network economics, welfare economics and international trade theory to analyze where and how shipping sits within the wider perspective of industrial supply chains.Professor Kevin Cullinane, BA BSc MSc PhD FCILT CNIProfessor Kevin Cullinane is Chair in Marine Transport and Management at the University of Newcastle in the U.K. He was previously Professor and Head of the Department of Shipping and Transport Logistics at the Hong Kong Polytechnic University, Head of the Centre for International Shipping and Transport at Plymouth University, Senior Partner in his own transport consultancy company and Research Fellow at the University of Oxford Transport Studies Unit. He is a Fellow of the Chartered Institute of Logistics and Transport and has been a transport adviser to the governments of Hong Kong, Egypt, Chile and the U.K. He holds visiting Professorships at a number of institutions and an Honorary Professorship at the University of Hong Kong.

Shipping expert Lorange explains his strategic framework for modern shipping firms, for shipping executives and those preparing to enter the industry.