This paper examines for the first time the performance of Initial Public Offerings (IPOs) in the shipping industry for the initial twenty four months of trading in the secondary market. In the analysis, a sample of 27 shipping IPOs issued in the stock exchanges of seven different countries in...

In the transport sector, time is an important service variable. Generally speaking, high-speed services can command a higher price than slower alternatives. Recent signals indicate the introduction of a new transport option in the shipping industry: fastships. In Japan, small fastships – about...

Developments in transport, communications, and information technology now permit dramatic improvements in intercontinental transport time, cost, and quality of service. At the same time, shippers and consignees require reduction or elimination of inventories at all steps of the supply chain to...

Starting with a historical perspective, the paper explores how globalisation and containerisation have affected trade, shipping and ports. Major changes in general cargo trades are seen as being beyond the control of individual shipping lines and ports, and, in fact, beyond the control of...