Book contents
- Innovations in Shipping
- Innovations in Shipping
- Copyright page
- Content
- Figures
- Preface
- 1 Introduction
- 2 The Shipping Industry: A Status Report
- 3 Commodity and Specialized Shipping
- 4 The Role of Innovations in Shipping
- 5 Important Shipowners
- 6 Case Studies
- 7 The Shipping Industry in the Future: A Call for a New Model?
- Appendix: Glossary of Ship Types and Charter Types
- References
- Index
4 - The Role of Innovations in Shipping
Published online by Cambridge University Press: 19 March 2020
- Innovations in Shipping
- Innovations in Shipping
- Copyright page
- Content
- Figures
- Preface
- 1 Introduction
- 2 The Shipping Industry: A Status Report
- 3 Commodity and Specialized Shipping
- 4 The Role of Innovations in Shipping
- 5 Important Shipowners
- 6 Case Studies
- 7 The Shipping Industry in the Future: A Call for a New Model?
- Appendix: Glossary of Ship Types and Charter Types
- References
- Index
Summary
This chapter discusses how innovations are reshaping the two major fundamental strategic options that a shipowner typically might have: asset-play, i.e., a typically short-term focus on “in-out/long-short”, vs. industrial shipping, i.e. more tailored ships employed on longer-term charters, and typically with relatively high financial gearing. Key innovations are reshaping the essence of each of these strategic options, above all, regarding what might now be a commercially modern ship. Customer closeness is increasingly seen as key to all of this.
- Type
- Chapter
- Information
- Innovations in Shipping , pp. 61 - 104Publisher: Cambridge University PressPrint publication year: 2020