Shipping Company Strategies: Global Management Under Turbulent Conditions

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Shipping strategies for global competition and volatility.

This book is a valuable resource for professionals in the shipping industry who are looking to develop effective strategies in a rapidly changing global market. With in-depth case studies and analysis, it provides insights into commodity-based shipping strategies, operations versus asset play, and finding niche markets. It also offers guidance on portfolio strategies and creating sustainable network-based organizations. The book's focus on real-world examples makes it a practical guide for shipping professionals seeking to navigate turbulent conditions and stay competitive in the industry.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

Shipping Company Strategies: Global Management Under Turbulent Conditions

Regular price
Unit price
per
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ISBN: 9780080446110

Description

This book is about developing implementable strategies for shipping firms. It opens with an initial historical retrospective that highlights cases on A.P. Moller-Maersk and Leif Hoegh and Co. Here the reader is introduced to the global nature of competition in shipping, as well as the volatility of shipping markets. The book then turns to the question of how to play these markets. It looks at commodity based shipping company strategies for the bulk carrier, tanker container-ship and other segments. Here, the focus is on both going long-short, in-out, and maintaining a low cost base. Next is a discussion of operations versus asset play. The book analyzes Marsoft's forecasting methodology, with case studies on The Torvald Klaveness Group, Norden, Frontline and Teekay. The book then takes a close look at the challenge of driving one's strategy towards niches, i.e. on-commodity segments, with a spotlight on how to find a viable business opportunity and develop a defendable strength there. Examples come from I.M. Skaugen, Farstad Shipping, The Torvald Klaveness Group and Leif Hoegh and Co. Since overall corporate-wide portfolio strategies can be important in shipping, particularly if the various elements in the portfolio are relatively unrelated, the next part of the book turns to analytical approaches, citing several examples. Then follows a discussion of key organizational issues, particularly how to create and sustain more effective, predominantly network-based organizations. The penultimate subject is the important role the board of directors can play here. Finally, the role of family firms, and the future of shipping firms, is discussed, again with several rich examples.


Author: Peter Lorange
Publisher: Elsevier
Publication Date: 2005
 

Shipping strategies for global competition and volatility.

This book is a valuable resource for professionals in the shipping industry who are looking to develop effective strategies in a rapidly changing global market. With in-depth case studies and analysis, it provides insights into commodity-based shipping strategies, operations versus asset play, and finding niche markets. It also offers guidance on portfolio strategies and creating sustainable network-based organizations. The book's focus on real-world examples makes it a practical guide for shipping professionals seeking to navigate turbulent conditions and stay competitive in the industry.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.