Debattista on Bills of Lading in Commodity Trade provides not so much a linear road-map as a GPS system, allowing the reader to locate which aspect of the bill of lading is central to the dispute they are dealing with and evaluating that aspect from the perspective of each of: (1) the contract of sale; (2) carriage contract and (3) letter of credit. The title examines questions such as: How can a buyer ensure in their sale contract that the bill of lading the buyer receives from the seller gives them secure title to sue the carrier? What impact does the choice of a particular Incoterms rule have on whom the carrier can sue under the contract of carriage? Where there is a claim by a buyer/cargo-claimant for loss, damage or delay to goods, must they factor any gains or benefits made under the sale contract claim/settlement into the quantum claimed in the cargo-claim against the carrier? What is a 'charterparty bill of lading' - and can it be tendered under a letter of credit? When and why might a seller need to "switch" bills of lading for its buyer or its bank - and does the seller have a right to demand the switching of bills under the Hague-Visby Rules? All of these questions - and many others like them - cut across areas of law normally siloed in academic and practitioner texts. The purpose of this title is to make links and draw out connections, with a view to assisting lawyers when a dispute arises - and others drafting different contracts seeking to avoid problems arising in the first place. The fourth edition of this work, now bearing a new title and benefitting from the arrival of a co-author, has been fully revised to take account of case-law and regulatory developments in the twelve years since the last edition.

This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1952.

Based on thoroughly researched texts and rare photographies this book describes the actual developments of international shipping and all the facets connected to overseas good flows. Main source for the deep reaching insight into the maritime industry are authentic reports carried out at the focusses of the shipping scene. By explaining the design und purpose of nowadays ship types, the different ways of cargo handling as well as the activities of shipowners and operators is painted a representative and rich-illustrated picture of the actual maritime scene.

This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1952.

The sea and its relation to human life has always been a subject of fascination for historians. For the first time, this book looks at the field of Maritime History through the prism of identity, looking at how the sea has influenced the formation of identity at a national, local and individual level from the early modern age to the present. It looks at a variety of people who interacted with the sea in different ways, from merchant sailors to naval officers and on land, from dockworkers to the civilians who participated in the sea-based festivals in the Mediterranean port city of Messina. This volume has a cultural focus, with chapters exploring the cultural construction of the 'naval hero' in literature, poetry, music and art, and an appraisal of the Japanese author and journalist Masanori, whose works had such a profound influence on Japanese national identity after the Second World War. A key focus is on the ways the Royal Navy influenced British identity at a national and regional level, but this volume also explores other countries with a strong naval tradition, such as Japan, Italy and Germany. By bringing together a variety of themes related to identity, this book provides the first attempt to thoroughly analyse the ways in which maritime historians have engaged with the question of identity in recent years. In doing so, it provides an important and unique addition to the historiography, which will be essential reading for all scholars of maritime and naval history and those concerned with the question of identity.

The immense, global transportation and logistics sector is vital to businesses of all types. This carefully-researched book covers exciting trends in supply chain and logistics management, transportation, just in time delivery, warehousing, distribution, intermodal shipment systems, airlines, trains, marine transport, courier services, logistics services, purchasing and advanced technologies such as RFID. This reference tool includes thorough market analysis as well as our highly respected trends analysis. It contains thousands of contacts for business and industry leaders, industry associations, Internet sites and other resources. This book also includes statistical tables, an industry glossary and thorough indexes. The corporate profiles section of the book includes our proprietary, in-depth profiles of the 500 leading companies, worldwide, in all facets of the transportation and logistics industry, including private and public firms. Here you'll find complete profiles of the hot companies that are making news today, the largest, most successful corporations in the business. You'll find a complete overview, industry analysis and market research report in one superb, value-priced package.

These two volumes present a unique resource on the history and development of merchant shipping from the last decades of the eighteenth century to the latter decades of the nineteenth. International in coverage - including Britain, the United States, France, Holland, India, and the Middle East - the volumes provide a rich compendium of facts and figures on all aspects of merchant shipping, international commerce and trade, seamanship and mercantile law. Among the topics covered are the repeal of the Navigation Laws, the education of merchant seamen, the progress of steam navigation in Europe, steamships of the United States, steam to India and overland routes, the ships and operations of major shipping companies, and the changes introduced by the opening of the Suez Canal. Lindsay was the leading authority on the history of merchant shipping and these volumes reveal both his wide practical and commercial experience and his impressive command of his subject. Definitive and comprehensive, it remains unchallenged. This two volume set includes a substantial introduction by leading naval historian Andrew Lambert, Laughton Professor of Naval History, King's College London.

The International Handbook of Shipping Finance is a one-stop resource, offering comprehensive reference to theory and practice in the area of shipping finance. In the multibillion dollar international shipping industry, it is important to understand the various issues involved in the finance of the sector. This involves the identification and evaluation of the alternative sources of capital available for financing the ships, including the appraisal and budgeting of shipping investment projects; legal and insurance aspects of ship finance; the financial analysis and modelling of investment projects; mergers and acquisitions; and the commercial and market risk management issues involved. Edited by two leading academics in this area, and with contributions from 25 prominent market practitioners and academics over 16 chapters, this Handbook covers shipping finance and banking, maritime financial management and investments. As such, it includes: shipping markets; asset backed finance; shipbuilding finance; debt finance; public and private equity and debt markets; structured finance; legal aspects and key clauses of ship mortgages; marine insurance; mechanisms for handling defaulted loans; investment appraisal and capital budgeting; financial analysis and investment modelling; business risk management and freight derivatives; and mergers and acquisitions. Thus, the Handbook offers a rigorous understanding of the different aspects of modern shipping finance and maritime financial management and investments, the various characteristics of the available products, the capital needs and requirements, and a clear view on the different financial management strategies through a series of practical examples and applications. Technical where appropriate, but grounded in market reality, this is a "must-have" reference for anyone involved in shipping finance, from bank practitioners and commodity trading houses, to shipbrokers, lawyers and insurance houses as well as to university students studying shipping finance. Table of Contents Preface by Editors Manolis Kavussanos, Professor, Director, MSc in International Shipping, Finance and Management, Athens University of Economics and Business, Greece Ilias Visvikis, Professor, Director Executive Education and Professional Development, World Maritime University, Sweden Chapter 1: Shipping Markets and their Economic Drivers Jan-Henrik Huebner, Head of Shipping Advisory, DNV GL, Germany Chapter 2: Asset Risk Assessment, Analysis and Forecasting in Asset Backed Finance Henriette Brent Petersen, Head of Shipping & Offshore Research, DVB Bank SE, The Netherlands Chapter 3: Overview of Ship Finance Fotis Giannakoulis, Research Vice President, Morgan Stanley, USA Chapter 4: Shipbuilding Finance Charles Cushing, C.R. Cushing & Co. Inc., USA Chapter 5: Debt Financing in Shipping George Paleokrassas, Partner, Watson, Farley & Williams, Greece Chapter 6: Public Debt Markets for Shipping Basil Karatzas, Founder & CEO, Karatzas Marine Advisors & Co., USA Chapter 7: Public and Private Equity Markets Jeffrey Pribor, Global Head, Maritime Investment Banking, Jefferies LLC, USA Cecilie Lind, Associate Investment Banking, Jefferies LLC, USA Chapter 8: Structured Finance in Shipping Contributor: Ioannis Alexopoulos, Director, Shipping Financier, Eurofin Group, Greece Nikos Stratis, Managing Director of Augustea Group, UK Chapter 9: Key Clauses of a Shipping Loan Agreement Kyriakos Spoullos, Solicitor, Norton Rose Fulbright, Greece Chapter 10: Legal Aspects of Ship Mortgages Simon Norton, Lecturer, Cardiff Business School, UK Claudio Chiste, Investec Bank Plc., UK Chapter 11: Reasons and Mechanics of Handling Defaulted Shipping Loans and Methods of Recovery Dimitris Anagnostopoulos, Board Member & Director, Aegean Baltic Bank, Greece Philippos Tsamanis, VP - Head of Shipping, Aegean Baltic Bank, Greece Chapter 12: Marine Insurance Marc Huybrechts, Professor, University of Antwerp, Belgium Theodora Nikaki, Associate Professor, Swansea University, UK Chapter 13: Maritime Investment Appraisal and Budgeting Wolfgang Drobetz, Professor, University of Hamburg, Germany Stefan Albertijn, CEO, HAMANT Beratungs-und Investitions GmbH, Germany Max Johns, Managing Director, German Shipowners' Association, Germany Chapter 14: Financial Analysis and Modelling of Ship Investments Lars Patterson, Shipping Investment Analyst, Pacomarine Limited, UK Chapter 15: Maritime Business Risk Management Manolis Kavussanos, Professor, Director, MSc in International Shipping, Finance and Management, Athens University of Economics and Business, Greece Ilias Visvikis, Professor, Director Executive Education and Professional Development, World Maritime University, Sweden Chapter 16: Mergers and Acquisitions in Shipping George Alexandridis, Associate Professor, ICMA Centre, University of Reading, UK Manish Singh, Manish Singh, Group Director - Strategy and M&A, V. Group Limited, UK

America's Marine Highway system accommodates the water-borne movement of passengers and non-bulk freight between origins and destinations otherwise served solely by roads and railways. Its corridors run parallel to many of the nation's most important land-based routes and connectors. These corridors are important components of the nation's broader domestic marine transportation system, which consists of 25,320 miles of navigable waterways, including rivers, bays, and channels, and many thousands of additional miles on the Great Lakes Saint Lawrence Seaway System and deep sea routes. For much of the early history of the United States, the network of waterways was the primary means of interstate commerce and transportation for goods and people. As a result, the majority of America's large metropolitan areas, as well as the preponderance of the U.S. population, are located along the coasts and navigable waterways. This book provides an overview of the current elements and benefits of water transportation, with a focus on a more environmentally sustainable transportation system; the marine highway and national defence; and impediments of new and expanded marine highway services.

Marine Insurance: Law and Practice, Second Edition, continues to provide the most comprehensive and integrated account of the English law and practice of marine insurance. It provides readers with a fresh and up-to-date review of the modern law in the light of traditional principles and rules of underlying commercial law, and the specific statutory rules of marine insurance as interpreted by case law, as moderated in practice by market practices and standard form marine insurance clauses. Francis Rose clarifies the law s underlying framework of principles and illustrates how it works in common contractual situations, explaining how the different components of the law interact.

The new edition has been updated to incorporate:

the most recent case law: there have been some very important judgments handed down since the book first published, including: The Cendor MOP, The Silva, The Resolute and The Marina Iris
the implications of the introduction of: Institute Cargo Clauses 2009, the effect of the Gambling Act 2005 and the Third Parties (Rights Against Insurers) Act 2010 Law Commission reform proposals

The book explores in detail the following areas:

the nature of insurance
insurable interest
the insurance contract
the premium
insured risks
marine risks
exclusions
losses
claims
subrogation
double insurance

Cruise ships are the single largest passenger conveyances in the world, with one ship currently in service that can carry more than 8,500 passengers and crew. The Coast guard considers cruise ships to be highly attractive targets to terrorists, and according to a 2008 RAND Corporation report, cruise ships can represent high-prestige symbolic targets for terrorists. Additionally, in recent years, there have been increased incidences of sexual assault, theft and bodily injury aboard cruise ships. This book examines cruise ship safety and the potential steps for keeping Americans safe at sea.

Out of sight, out of mind. That's the general public's reaction to the crucial movement of oil around the world's oceans. Yet this vital supply chain that allows the world to function is constantly under enormous, largely unreported pressure. The uninterrupted flow of oil is essential to globalization and increasingly so as manufacturing and markets move Eastwards to Asia. However, it is threatened by conflicts between nation states, pirates and global warming. All too often the movement of oil by ocean is something taken for granted by the majority of the world yet it is fraught with difficulty, and could haemorrhage global growth if issues covered in this book are not resolved or allowed to escalate. From reporting onboard giant tankers to looking at the geopolitical shift in oil consumption, "Oil on Water" is holistic, all encompassing and engrossing look at the way oil is moved and consumed mixing reportage, examples and hard-hitting facts.

The Integrated Deepwater Systems (IDS) program, or Deepwater program for short, is a $24-billion, 25-year project to replace and modernise the Coast Guard's ageing fleet of deepwater-capable ships and aircraft. It is the largest and most complex acquisition effort in Coast Guard history, encompassing 91 new cutters, 124 new small surface craft, and 244 new or converted aeroplanes, helicopters, and unmanned aerial vehicles (UAVs). The Deepwater program has received a total of about $4.4 billion through FY2007, including about $1.14 billion in FY2007. For FY2008, the Coast Guard requested $836.9 million in new appropriations and the rescission of $48.8 million in prior-year appropriations for the program, for a net total request of $788.1 million. This new book presents an in-depth analysis of the program and its significance.

A practical guide to turning your love for boating into money in the bank You may dream of making your passion for the sport a means for a livelihood. Whether you are looking for new employment possibilities or wanting to remain active in your golden years, Captain Brown can help turn your dreams of making money afloat into a reality.

Brown describes how to get a job on a boat or run a practical boat-based business, including fishing charters, excursions, dinner cruises, and water taxis. He also covers business issues, safety, marketing, liability, and Coast Guard licensing requirements. The author details the possible ups and downs and risks about running a boat-based business.

In Getting the Goods, Edna Bonacich and Jake B. Wilson focus on the Southern California ports of Los Angeles and Long Beach which together receive 40 percent of the nearly $2 trillion worth of goods imported annually to the United States to examine the impact of the logistics revolution on workers in transportation and distribution. Built around the invention of shipping containers and communications technology, the logistics revolution has enabled giant retailers like Walmart and Target to sell cheap consumer products made using low-wage labor in developing countries. The goods are shipped through an efficient, low-cost, intermodal freight system, in which containers are moved from factories in Asia to distribution centers across the United States without ever being opened.

Bonacich and Wilson follow the flow of imports from Asian factories, exploring the roles of importers, container shipping companies, the ports, railroad and trucking companies, and warehouses. At each stage, Getting the Goods raises important questions about how the logistics revolution affects logistics workers. Drawing extensively on interviews with workers and managers at all levels of the supply chain, on industry reports, and on economic data, Bonacich and Wilson find that, in general, conditions have deteriorated for workers. But they also discover that changes in the system of production and distribution provide new strategic opportunities for labor to gain power. A much-needed corrective to both uncritical celebrations of containerization and the global economy and pessimistic predictions about the future of the U.S. labor movement, Getting the Goods will become required reading for scholars and students in sociology, political economy, and labor studies."

In Getting the Goods, Edna Bonacich and Jake B. Wilson focus on the Southern California ports of Los Angeles and Long Beach which together receive 40 percent of the nearly $2 trillion worth of goods imported annually to the United States to examine the impact of the logistics revolution on workers in transportation and distribution. Built around the invention of shipping containers and communications technology, the logistics revolution has enabled giant retailers like Walmart and Target to sell cheap consumer products made using low-wage labor in developing countries. The goods are shipped through an efficient, low-cost, intermodal freight system, in which containers are moved from factories in Asia to distribution centers across the United States without ever being opened.

Bonacich and Wilson follow the flow of imports from Asian factories, exploring the roles of importers, container shipping companies, the ports, railroad and trucking companies, and warehouses. At each stage, Getting the Goods raises important questions about how the logistics revolution affects logistics workers. Drawing extensively on interviews with workers and managers at all levels of the supply chain, on industry reports, and on economic data, Bonacich and Wilson find that, in general, conditions have deteriorated for workers. But they also discover that changes in the system of production and distribution provide new strategic opportunities for labor to gain power. A much-needed corrective to both uncritical celebrations of containerization and the global economy and pessimistic predictions about the future of the U.S. labor movement, Getting the Goods will become required reading for scholars and students in sociology, political economy, and labor studies."

In the 1960s, an era of widespread social turbulence, the shipping industry in the Great Lakes was on the threshold of Immense change. Developed during World War II, the US merchant fleet faced threatening competition from the newer Canadian fleet. The demand for iron ore skyrocketed as baby boomers matured in the age of auto and appliance buying. To meet the increasing need, there was talk of expanding the size of the Soo Locks to accommodate larger vessels and even of lengthening the shipping season. It was glaringly obvious that a time of change was upon the aging US ships and even more so upon the men who sailed them. Eight Steamboats chronicles Patrick Livingston's adventures on eight shipping vessels - only one of which survives - during the 1960s. Told from the perspective of a writer who sails rather than a sailor who writes, the tales are spiced with connections between shore and sea. While the city of Detroit burned in 1967, Livingston served milkshakes to passengers on the South American of the Georgian Bay Lines. Later, Livingston sailed with the notorious George ""Bughouse"" Schultz on the III-starred tanker Mercury. When financial need forced him to forgo a trip to the Democratic National Convention in Chicago, he sailed Lake Michigan instead. In subsequent years, he dropped out of school to catch the mailboat to his ships as they transited the Detroit River. With lively dialogue, Livingston details his experiences up to his signing off the Champlain in 1972 and then setting sail for landlocked Nepal to work with the Peace Corps. Both maritime and Great Lakes enthusiasts will enjoy this voyage back to an earlier era in the Great Lakes shipping industry.

Competition from rail and later road forced many canals into closure, and a large section of the old system seemed doomed to crumble away into terminal decay. Then came a new industry: the canal leisure industry, and with it the birth of the restoration movement. This final volume in the Anatomy of Canals series looks at what has been achieved and how the new compares with the old. Cities such as Brimingham have now been won over and have made the old canals part of a lively rejuvenation programme, while a new generation of engineers has produced such marvels as the Falkirk Wheel.

This is the first book-length analysis of 20th-century shipbuilding at the national level in Britain. It is based on the full breadth of primary and secondary sources available, blending the records of the UK government with those of the British Shipbuilding Employers Federation and Shipbuilding Conference, as well as making use of a range of records from individual yards, technical societies, and the shipping trade press. Few industries attest to the decline of Britain's political and economic power as does the near disappearance of British shipbulding. On the eve of the First World War, British shipbuilding produced more than the rest of the world combined. But, by the 1980s, the industry that had dominated world markets and underpinned British maritime power accounted for less than 1 percent of total world output. Throughout its decline, a remarkable relationship developed between the shipbuilding industry and the UK government as both sought to restore the fortunes and dominance of this once great enterprise. Authors: Lewis Johnman is Principal Lecturer in history at the University of Westminster in London. His previous books include The Suez Crisis (Routledge, 1997). Hugh Murphy is Senior Caird Research Fellow at the National Maritime Museum in Greenwich, England.

Andrew Jackson Higgins and the Boats That Won World War II, by Jerry E. Strahan, is the first biography of perhaps the most forgotten hero of the Allied victory. It was Higgins who designed the LCVP (landing craft vehicle, personnel) that played such a vital role in the invasion of Normandy, the landings in Guadalcanal, North Africa, and Leyte, and thousands of amphibious assaults throughout the Pacific. It was also Higgins who, after twenty years of failure by the U.S. Navy's Bureau of Ships, designed and constructed an effective tank landing craft in sixty-one hours - a feat that caused the bureau to despise him. In 1938, Higgins owned a single small boatyard in New Orleans employing fewer than seventy-five people. Through exceptional drive, vision, and genius, his holdings expanded until by late 1943 he owned seven plants and employed more than twenty thousand workers. Because of his reputation for designing and producing assault craft in record-breaking time, Higgins was awarded the largest shipbuilding and aircraft contracts in history. During the war, Higgins Industries produced 20,094 boats, ranging from the 36-foot LCVP to the lightning-fast PT boats; the rocket-firing landing craft support boats; the 56-foot tank landing craft; the 170-foot FS ships; and the 27-foot airborne lifeboat that was dropped from the belly of a B-17 bomber. Higgins dedicated himself to providing Allied soldiers with the finest landing craft in the world, and he fought the Bureau of Ships, the Washington bureaucracy, and the powerful eastern shipyards in order to succeed. Strahan's portrait of Higgins reveals a colorful character - a hard-fisted, hard-swearing, and hard-drinking man whose Irishbackground and Nebraska birthplace made him an outsider to New Orleans' elite social circles. Higgins was also hard working, quickly progressing from an unknown southern boatbuilder to a major industrialist with a worldwide reputation. He was featured in Life, Time, Newsweek, and Fortune magazines, and appeared frequently on the front pages of the country's major newspapers. Even Adolf Hitler was aware of Higgins, calling him the "new Noah". Through Higgins' example, we see the way technological innovations, politics, labor unions, changing military agendas, and personalities worked together - and sometimes at odds - for an Allied victory. Strahan has based his work on extensive personal interviews with family members, key employees, and other close acquaintances of Higgins, as well as on previously inaccessible Higgins Industries archives. The result is an extremely informative account of one of the key players, and industries, of World War II.

China's long-term maritime history has been overlooked by the scholarly community, so much so that there is a misconception that the Chinese were sea- or ocean-phobic. This image has been promoted rather deliberately because a sailing-aversive China would fit in well with the non-capitalist development framework. This study shows that from 2100 B.C. to A.D. 1900, the Chinese were as enthusiastic about and capable of seagoing activities as other peoples. Evidence shows that economic interests provided Chinese sailing-related activities with a lasting impetus, and the private sector played a central role. However, maritime activities in China raise at least two paradoxes: the activities were incompatible with the agrarian dominance in the Chinese premodern economy, and there was a huge gap between China's maritime potential and maritime growth. This situation was symptomatic of both positive and negative effects of technical and economic aspects of premodern China. Technologically, limited maritime growth resulted from climatic and hydrographic conditions favorable to agriculture. Economically, it resulted from low Chinese participation in maritime activities because of safe returns from the agricultural sector. This book provides readers with a long-term analysis of Chinese maritime activities and their economic consequences in industries, infrastructure, trade, migration, and government policies. It shows a new insight into the causes for sterility of capitalist industrialization in premodern China.

This major study by Frederic Lane tracks the rise and decline of the great shipbuilding industry of Renaissance Venice. Drawing on a wealth of archival sources, Lane presents detailed descriptions of the Venetian arsenal, including the great galleys that doubled as cargo ships and warships; the sixteenth-century round ships, which introduced dramatic innovations in rigging; and the majestic galleons, whose straight lines and greater speed made them ideal for merchantmen, but whose narrowness made them liable to capsize if loaded with artillery. Additional chapters detail the actual process of ship construction, the organization and activity of the craft guilds, and the development and management of the Arsenal.

Developments in Maritime Transportation and Exploitation of Sea Resources covers recent developments in maritime transportation and exploitation of sea resources, encompassing ocean and coastal areas. The book brings together a selection of papers reflecting fundamental areas of recent research and development in the fields of: - Ship Hydrodynamics - Marine Structures - Ship Design - Shipyard Technology - Ship Machinery - Maritime Transportation, and - Safety and Reliability Issues such as the Environment, Renewable Energy, Wave and Wind Modelling, Coastal Engineering, Fisheries and Legal Maritime Aspects are also addressed. Developments in Maritime Transportation and Exploitation of Sea Resources is intended for academics and professionals involved in the development of marine transportation and the exploitation of sea resources.

This book deals with various aspects concerning the design and fabrication of vessels for maritime transportation, namely, hydrodynamics, structures, machinery and propulsion systems, control systems, vessel design and shipyard technology, maintenance and repair. These volumes bring together an extensive collection of papers reflecting a number of fundamental areas of the exploitation of ocean and coastal resources. Subjects include the marine environment; fisheries and aquaculture; maritime transportation and port operation; coastal and offshore development; safety and reliability; and protection of the environment.