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In April 1956, a refitted oil tanker carried fifty-eight shipping containers from Newark to Houston. From that modest beginning, container shipping developed into a huge industry that reshaped manufacturing. But the container didn't just happen. Its adoption required huge sums of money, years of high-stakes bargaining, and delicate negotiation on standards. Now with a new chapter, The Box tells the dramatic story of how the drive and imagination of an iconoclastic entrepreneur turned containerization from an impractical idea into a phenomenon that transformed economic geography, slashed transportation costs, and made the boom in global trade possible. -- from back cover.
This book maintains that container shipping is vital to the actualisation of globalisation, and that without it, globalisation would remain a concept rather than reality. It argues that container shipping has been academically overlooked as a global business sector in favour of more prominent sectors such as oil or arms trade, and aims to provide a complete history of containerisation from the 1950s to the turn of the millennium. This history explores the growth of the container industry due to prominent innovation in vessel design, early adoption of the internet, large international mergers, and significant physical alterations to the global port system. With particular emphasis on the east-west trade, the chapters cover the growth and development of the container industry, to the social changes experienced by seafaring labour forces, the cultural impact of the container - bringing a domineering land-presence to maritime activity, through to the environmental concerns surrounding the industry. The study is not a quantitative economic analysis of the industry, rather, an updated history that strives to demonstrate the importance of transport infrastructures to any consideration of global business sectors, by providing evidence of the container industry’s stimulation of the global economy.
By analysing A P Moller -- Maersk's activities in South East Asia, the book contributes to our understanding of the role of container shipping services in economic development processes.
This book describes the development of containerization and presents a worldwide overview of all major system components and drivers that have contributed to their great success.
Port Economics, Management and Policy provides a comprehensive analysis of the contemporary port industry, showing how ports are organized to serve the global economy and support regional and local development. Structured in eight sections plus an introduction and epilog, this textbook examines a wide range of seaport topics, covering maritime shipping and international trade, port terminals, port governance, port competition, port policy and much more. Key features of the book include: Multidisciplinary perspective, drawing on economics, geography, management science and engineering Multisector analysis including containers, bulk, break-bulk and the cruise industry Focus on the latest industry trends, such as supply chain management, automation, digitalization and sustainability Benefitting from the authors’ extensive involvement in shaping the port sector across five continents, this text provides students and scholars with a valuable resource on ports and maritime transport systems. Practitioners and policymakers can also use this as an essential guide towards better port management and governance.
Now in its second edition Maritime Economics provides a valuable introduction to the organisation and workings of the global shipping industry. The author outlines the economic theory as well as many of the operational practicalities involved. Extensively revised for the new edition, the book has many clear illustrations and tables. Topics covered include: * an overview of international trade * Maritime Law * economic organisation and principles * financing ships and shipping companies * market research and forecasting.
This book belongs to the Port Economics and Global Supply Chain Management strand of the Palgrave Studies in Maritime Economics book series, commissioned by Hercules Haralambides. This book addresses the security of the global system of maritime-based trade, with a focus on container security. Existing discussions about maritime security are almost always tactical, myopic, and fragmented. This book strives to overcome such defects by discussing maritime security from its myriad perspectives – how we should think about it, how we could measure it, and how we can better manage/control it. In this way, the authors examine the ways in which maritime stakeholders can and should work together to build a more secure and resilient global system of maritime trade.
Characteristics of the Freightliner system with implications for other European operations; containerization in the shipping industry.
Port Economics is the study of the economic decisions (and their consequences) of the users and providers of port services. A port works as an "engine" for economic development. This book provides a detailed discussion of port freight service users, such as freight water and land carriers, that have their ships and vehicles serviced and their cargoes unloaded by ports, as well as passenger services such as ferry carriers which are serviced by ferry passenger ports. This text continues to enhance our understanding of port economics by exploring the economic theories, supply and demand curves, and the actual and opportunity costs relating to the carriers, shippers and passengers who use ports. This new edition has been updated throughout. This includes: An expanded discussion of container, break-bulk, dry-bulk, liquid-bulk and neo-bulk ports; An introduction of port service chains, hinterland transport chains, maritime transport chains and port multi-service congestion; A discussion of seaborne trade, dry ports, port centrality and connectivity and free trade zones. This updated and comprehensive introduction to port economics will be of benefit to students and researchers in their study of port economics and management. It is also of great importance to professionals who manage and operate ports as well as freight and passenger carriers.
This book studies the economic impact of container traffic at one of the most important ports in the Mediterranean: the Port of Algeciras Bay (PAB). The authors analyse the global framework of the containerisation business and the characteristics that currently condition this process. Following is an explanation of the physical characteristics of the PAB, and a description of the situation as regards the physical and logistics infrastructure in principal Mediterranean ports.