Cyclicality in shipping is inherent. However, the speed and amplitude of market changes, since the fateful collapse of Lehman brothers in 2008 - distinguishes this particular crisis from most previous cycles. Predictions and investment moves made until immediately before the crisis have, in...

The paper deals with forecasting of spot prices in bulk shipping using simultaneous equations models (SEMs) during the present economic crisis, emphasizing the importance of such models in empirical applied economics and for decision-makers. The SEMs predictive performance on the spot market is...

The world financial crisis has resulted in the slowdown of Greek economy leading to the recession of certain sectors, like Passenger Shipping. Factors, such as the decrease of private consumption and GDP, have negatively influenced Passenger Shipping, resulting in the reduction not only of the...

The efforts of IMO on the security of ports and ships after 11/9 are presented. IMO's resolution on fatigue of crews -cause of marine accidents- is also presented. The introduction of ISPS code -carried out under the pressure of USA- made by a non holistic approach, created a number of issues...

This paper presents the results of the actuarial valuation method Projected Unit Credit ("benefits/years of service") in order to assess the effects of the public sector downsizing on real economy and social security in Greece, using a prototype data set. We found a social security loss of about...

This article presents the situation of public health in the 19th century Greece, with an emphasis on the financing of lazarettos. Due to "ignorance" and lack of therapeutic means and hospitals, isolation was the predominant practice for dealing with illness, both on the level of local society...

Several studies have focused on the relationship between the R2 and the firm value. They have tried to explain how different values of R2 affect the firm value. In this paper we examine this relationship for the Greek companies listed on the Greek Stock Exchange, analyzing a sample of 135 listed...

This paper is an important and necessary extension of the recent study by Lim and Sanidas (2011) where it was rigorously shown that both types of technology positively affect firms and industries in South Korea. How is this technological impact differentiated between SMEs and larger firms? The...

The part of the port industry that serves international trade flows, competes and satisfies demand with global characteristics. Port services production and supply, within an open market, can only be governed by global regulations, and should be taken into account by those who wish to implement...

Although small and medium-sized enterprises' (SMEs) involvement in the innovation process is a long standing issue and recently has resurged in the relevant literature, building and sustaining innovation is a hard and non linear work. The purpose of the paper is to explore the propensity of SMEs...