A Successful Shipowner Has to Learn How to Face the Shipping Cycles
Abstract
We presented the theory of the Business Cycle and also the theory of the Shipping Cycle, together with a novel simulation of the last one. Three parts were devoted to the history of the 9 shipping cycles since 1947 in the dry cargo ships and in tankers up to 2025. The very long shipping wave since 1741 presented, lasting about 170 years. We analyzed the way that a shipping manager reacts upon a rise in demand. We have contributed to the existing theory by proposing a number of protective measures against maritime cycles together also with a method for their prognosis based on the forecast OECD world industrial production index.
Fields of Study & Subjects
Maritime Ports and Logistics
Coastal and Marine Management
Maritime Navigation and Safety
Publication details
- Journal / source
- Modern Economy
- Publisher
- Scientific Research Publishing, Inc.
- Volume
- 17
- Issue
- 03
- Pages
- 383–405
- Publication date
- 1 January 2026