Maritime Economics Assignment
Your answer should include an analysis of the interactions between the four markets and refer to the effects of the GFC 2008 on the four markets. More
Stopford, M. 2009, Maritime Economics, 3rd edn, Routledge, London, Chapter 5, refers to the four shipping markets, namely the new-building market, the freight market, the second-hand ship market and the ship demolition market. Explain how these four markets interact and illustrate your answer with discussion of the effects of the Global Financial Crisis 2008 on the four markets.
Note: Copy and paste of the contents from the above textbook are not enough for your answer.