Marine Economics & Business

The author of this document examines the major strategic interests of China in the South China Sea region, focusing on the power projection and security of the resources. Of course, China is pursuing other interests; however, in order to make the publication an easily manageable endeavor the author has discussed mainly the topics relating to the resources and power making necessary connections to such important areas as economics, national security and others.

He has also taken quite close look at how exactly the dynamics in those multi-dimensional domains are affecting the drafting of the strategies as well as policy-making and also addresses the influence they could have state actions. The book starts with the introduction covering the assessment of the PRC's internal and external dynamics and understanding of their global search, plus touching the oil security matters. The second part of the document contains the country-specific case studies from Japan, US, Vietnam and the Philippines.

Finally, the last part of the book deals with the resource security and also the power projection. The list of abbreviations and acronyms used throughout the work is there, as well. A definitely useful publication for anyone involved in the shipping industry and with general interest in geopolitics.

This is a truly useful and remarkable publication for every person involved in shipping. The author, Kevin Stephens from PPG, standing for the Project Professionals Group, did a huge work - he managed to collect hundreds of the important and necessary chartering terms and provide proper and understandable explanations for all of them.

We would strongly recommend this book to everyone dealing with such specific terminology in their day-to-day work, operations or correspondence; it is really a must-have reference publication for such sort of professionals. All shipping and chartering terms are arranged in alphabetical order for easier reference.

Subject book will be equally useful for the industry professionals in the field of marine business and economics, ship operation and management, marine insurance and law, and to the people studying the subject disciplines in universities to use in their future career. It is indeed one of the best collections of general shipping and chartering terms and abbreviations available today. Since the file containing the Glossary is small file, it should not be a problem to get it transferred to you mobile device and have it readily available whenever necessary.

This is a truly excellent reference book that covers all important aspects of the maritime business and law, including registration and classification issues, crewing matters, transportation of passengers and cargo, marine insurance, and so much more. And, what is the most important, it has been specifically designed and released for the shipmasters.

The authors note that the readers of this publication shall clearly understand that it has not been prepared by the professional maritime lawyer and that is why it should not actually be intended for students studying law and possessing a full range of good textbooks.

The chapters of the book provide necessary information about the maritime law, the ships, master and crew members, liens, contracts, log books, protests and other relevant records, safety and seaworthiness of the vessel, public welfare, accommodation and provisions/water, carriage and delivery of cargo, passenger transportation, arrival and departure procedures, pilotage and towage, lichterage issues, marine insurance, average, lighthouses, limitation of liability and others, In addition, there is a Glossary of Terms, List of Abbreviations and some relevant calculations. The main body of the textbook is supplemented with the major Acts and Clauses.

Here is the fourth edition of the world popular publication providing a straightforward guidance to the complexities and most important nuances of deals that are done under the documentary credit system and describing the law that applies to this subject. So many new forms of trade and associated documents have been forces since the very first edition of this book was released in 1990.

There has been so much development in the maritime law since that time. In fact, today the problems are not the same as they were at the time of the initial release of this publication. We can say that nowadays the documentary system itself is in the sort of crisis and is actually losing the popularity when compared to the other payment forms. For the present release of the book the author has tried to take a lesson from UCP 600 and remove the material not necessary.

This has resulted in the removal of most of the long quotations from judgments and inclusion of the full UCP test together with some statutory information into appendices. The entire book has also been restructured and is not a bit longer that the previous release. The book now is primarily dedicated to the documentary credits and associated documentation so the author did his best not to stray far from the main topic.

Some twenty years ago, a simple questionnaire was issued by the North of England P&I Association asking for their practical experiences related to the issue of the Bills of Lading together with the subsequent delivery of the cargoes against them. The answers received were analyzed and revealed numerous specific problems setting the recurring theme, namely the disagreements between the shore and ship's figures, pressure on the ship master to issue clean document, agents signing the bills of lading with no reference to the receipts from the mate or exceeding their authority, and requests for the cargo delivery with no original bill of lading produces.

The present guide starts with some brief introductory information about the bills of lading. In most of the international transactions where the cargoes are to be transported by sea, the seller promises to do two major things - the first thing is to place the goods on board a vessel, and the second thing is to provide all commercial documents that are required by the contract in place - and the central of those documents is commonly the bill of lading. The Master of the vessel describes the apparent order and condition of the cargo received on board. In some cases the Master is pressed to hide the information that would make the bill of lading look less attractive to the buyers...

The latest eleventh edition of the world famous Glossary. The huge success of this publication within the international shipping industry has finally resulted in several releases; note, however, that the book will be equally interesting and useful even to the people not directly involved in shipping.

Several generations of seamen has got their first understanding of the industry through this volume - the book is covering all shipping-related activities and has been prepared using a very understandable language, and such approach has resulted in the book being so user-friendly and thus popular. It is aimed to both professionals of the shipping industry an newcomers since it illuminates the obscure and clarifies all the technicalities, helping to properly describe the legal background to numerous important aspects of the maritime business.

That is why we all now possess a great educational tool that shall be definitely treated as the indispensable guidance and useful source of reference for all people dealing with the activities connected with the shipping. We really do believe that thie present release of the Glossary will for sure have the same acclaim as the initial edition of the publication, and will provide a significant contribution to a much better understanding of the shipping industry, assist in establishing and maintaining of the good marine practices.