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Shipping Economy showcases how maritime shipping profoundly shapes the global economy and geopolitics. It argues that the shipping industry is a vital yet frequently underestimated force in international trade and economic stability. For example, innovations such as containerization have revolutionized commerce, while strategic ports function as critical nodes in global supply chains, impacting national competitiveness.
The book analyzes freight rates, the strategic importance of ports, and the complexities of global logistics, highlighting how disruptions can trigger inflation and economic slowdowns. Shipping Economy progresses from a historical overview to detailed analyses of economic, operational, and geopolitical dimensions, incorporating case studies. This approach helps readers understand the industry's past, present, and future, including emerging technologies and sustainability challenges.