This study investigates determinants of the seaworthiness of ships involved in accidents, utilizing detailed data of individual tanker, container and bulk ship (U.S. and foreign) accidents investigated by the U.S. Coast Guard. Ordered probit estimation results suggest that ship accident...

While the importance of strategy to an organisation's competitiveness is gaining wide interest within the maritime industry, very little industry-based research has been conducted on the subject. Of what is available, most research focuses on Northern Europe and Northern America, with scant...

The Baltic Freight Index (BFI) is a widely recognised barometer of dry bulk freight rates. As such, its composition is monitored continuously. In 1993, all handy size trades were expunged from the BFI. This paper tests whether the change in the composition of the BFI has altered its underlying...

A model is developed to identify the comparative positioning of Turkish ferry operators vis-a-vis their European Union competitors in the Eastern Mediterranean market. Given the nature of the ferry business, the model is based on principles of service marketing. The paper concentrates on the...