First published in 1986, The Shipping Industry is a comprehensive study of the shipping industry. It shows how technological advances at the time in shipping design led to improved efficiency and the transportation of more sophisticated cargoes, promoting international trade. Analyzing the complex interplay between technological developments, economic pressures, and political forces that moulded the modern shipping industry into its form, the author offers students of transportation and economics, shipping industry trainees, and shipbrokers a better understanding of the key factors underlying the industry's growth and development.