Ship Management: A Study in Definition and Measurement.

Signed by the Author on ffep. Octavo, black pebbled boards (hardcover), xi, 106 pp. Near-Fine. From Foreword: Most available literature on the subject of ocean transportation is concerned with the myriad details of freight traffic management and the handling and documentation of cargo. The vitally important, albeit controversial, subject of ship management is usually treated in a rather summary fashion, often consisting of little more than an organization chart of some steamship company, together with short descriptions of the employees' duties. There are some good reasons for this dearth of definition. The ubiquitous nature of ship operations breeds a climate of continuous change and infinite variations in surrounding circumstances., Thomas Thorburn, in his book Supply and Demand of Water Transport, published at the Stockholm School of Economics, lists ninety-five different factors, all of which influence the determination of water transport freight rates. These economic, technical and geographic factors are by their very nature interacting and dynamic and are in turn either short, medium or long term in their effect on each other and on the sum total. It therefore becomes difficult to write on the subject of ship owning or ship management in the unequivocal sense because the circumstances and problems are so complex and so varied that most any premise can easily be shown by example and illustration to be right under one set of circumstances and wrong under another. Maritime, Naval, Nautical. zslic.…