The receipts from shipping services have been a vital resource for the Greek economy covering a perennial trade deficit. The downward adjustment in freight rates, following the Lehman Brothers collapse was swift, impacting severely on Greek shipping inflows. Almost two years later, Greece,...

The paper analyses the market form of the bulk reefer segment and the industry's dynamics in a product life cycle perspective in view of the erosion of the former's market share from container shipping. The author discusses how reefer services’ advertising and product differentiation classify...

This paper revisits the hypothesis of a quality segmented charter market using dry bulk-Panamax time-charter rates from the shipping boom period of 2003-2007. Through generalized additive models (GAMs) the authors assess whether increasing awareness and regulation over time has brought about a...