Shipping is a derived demand driven by global trade flows generally following comparative advantages, generating a sustainable need for shipping. This course will examine the relationship between shipping and macroeconomics, including GDP impacts on seaborne trade, equilibrium freight rates, shipping cycles, and how significant global events like the COVID-19 pandemic, the Russia-Ukraine conflict, Red sea crisis, Trump Tariffs influence the industry.

Ship Managers & Owners / Charterers / Operators / Trading  Houses / Commodity Traders / Lawyers / Underwriters / Financial  Institutions / Classification Societies / Ship Agents