Stopford provides an introduction to the organization and workings of the global shipping industry, outlining the economic theory behind this large and complex subject, and dealing with many of the operational practicalities involved.
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A concise view of the petroleum shipping industry, its history, and how it is affected by the world petroleum markets. Volume 2 covers matters common to all shipping types, such as charters, shipbrokers, pollution, classification, insurance, vessel financing and maritime law.
Shipping transports between 80-90% of world trade (Smith et al. 2015). In 2012 the industry accounted for around 3% of global emissions with a predicted increase of between 50 and 250% by 2050 (Scott et al, 2017). As such, the question of how to regulate Shipping's CO₂ emissions…