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...

In the competitive environment of liner shipping, the ability to nimbly adjust shipping capacity to demand could mean the difference between a thriving shipping operation and one that will most likely fail. How quickly and effectively carriers adjust their capacity may depend on how their...

This paper analyses the potential impacts on global trade initiated by the Belt and Road Initiative. The Initiative is examined as a collection of planned transport-corridor developments and discusses their impact on maritime trade flows.

When Professor Soares asked me to highlight the state-of-the-art in maritime economics and logistics research, as a keynote speech for MARTECH 2022, I immediately said ‘yes’. On second thought, however, I considered something like this would be a bit too ambitious if not pretentious. Thus,...

Abstract Climate change has become mankind’s main challenge. Greenhouse gas (GHG) emissions from shipping are not irresponsible for this, representing 3% of the global total; an amount equal to that of Germany’s emissions. The Fourth Greenhouse Gas Study 2020 of the International Maritime...

The year 2020 will go down in history as the year of COVID-19. With the World Health Organization’s declaration of an International Pandemic on 11th March 2020, its social and economic consequences have spread globally as quickly as the virus itself and, in no small measure, the decease has...