The receipts from shipping services have been a vital resource for the Greek economy covering a perennial trade deficit. The downward adjustment in freight rates, following the Lehman Brothers collapse was swift, impacting severely on Greek shipping inflows. Almost two years later, Greece,...

Although Britain may no longer "rule the waves" in terms of national fleet presence, London still maintains its supremacy as the world's leading maritime centre. However, with the decline of the fleet there has been an inevitable decline in the maritime skills-base and a loss of shipping...

There has been an increased interest recently in alliances as successors of the large consortia that used to operate in the context of the conference system. Today, having become a common means and term of co-operation in a variety of other industries, alliances are posited as the response of...

Just before the millennium, prospects for Greek-owned shipping looked grim for the first time after many years of almost uninterrupted - and always impressive - expansion. The age of Greek-owned ships coupled with its heavy specialisation in ship types that found themselves in a sea of...

This paper revisits the hypothesis of a quality segmented charter market using dry bulk-Panamax time-charter rates from the shipping boom period of 2003-2007. Through generalized additive models (GAMs) the authors assess whether increasing awareness and regulation over time has brought about a...

Following important changes in the safety regulation of tankers, the dry bulk sector is coming under the spotlight in a safety and quality perspective. Nominal freight differentiation between 'quality' and 'other' tonnage has been observed occasionally and much lip service has been paid to...

The paper analyses the market form of the bulk reefer segment and the industry's dynamics in a product life cycle perspective in view of the erosion of the former's market share from container shipping. The author discusses how reefer services’ advertising and product differentiation classify...