Maritime Business and Economics

Asian shipping entrepreneurship relies on strong ties between private entities and public institutions (i.e. governments). This book examines the growth and sustainability of the Asian maritime world through the lens of the Asian cultural code, its social and institutional economics as well as its unique way of public governance. The book addresses the economics of maritime industry in a broader stroke to include ship owning, shipbuilding, port operation and its links and collaborations to other industries from a refreshing perspective.

The book also examines major maritime nations of Asia in three dimensions: history, strategy (also policy) and the current state of the maritime industry. The relationship between Asian shipping giants and public institutions is also explored, along with the recent developments and challenges of the regional maritime industry in the era of a marine tech boom, upsizing tonnage and environmental debates. Its comprehensive overview of and unique approach to the subject makes the book a valuable reference to anyone interested in the topic.

Author Biography

Okan Duru is Assistant Professor of Maritime Studies at Nanyang Technological University, Singapore. His major research interests are maritime economics, computational intelligence for shipping economics, economic pluralism, maritime policies, shipping investment and finance. He received his PhD, on the Longterm Econometric Analysis of Dry Bulk Shipping, at the Graduate School of Maritime Sciences, Kobe University. He has published in various journals and conference proceedings, in addition to reviewing and editing papers.