Chapter 1: Part I

Part II

Part III

Part IV

Part V

Part VI

“The definitions which were left primitive”

“Shipping industry: the one providing low returns?”

“The more one risks, the more one earns?”

“The relationship between earnings & volatility”

“Perfect competition or a monopolistic one, in shipping?”

“Leptokurtosis in shipping earnings & freight rates”

Chapter 2: Part VII

Part VIII

Part IX

Part X

Part XI

Part XII

“Stopford’s model of “Perfect Shipping-PS”

“The investment policy of PS”

“Capital gains and losses by PS”

“The depreciation policy of PS”

“The dividend policy of PS”

“Our theory of the customizable Supply of ship services”

Part XIII

“The unanswered question”

Plusà

Further research

Conclusions

References

Source: author