Innovations are dramatically changing the traditionally conservative global ocean shipping industry as it works to become more efficient and more sustainable. Academic and former shipping company owner Peter Lorange is best placed to make sense of how to approach and keep ahead of these changes. This book explains what the key innovations are, how to ensure a return on investment, the barriers to innovation and how to overcome them. Drawing on a number of specialist case studies, Lorange outlines the specific analytical and decision-making steps to consider and the actions to take to arrive at a new strategic blueprint for modern shipping companies. This book is invaluable for practising shipping company executives, advanced students of shipping, logistics, port management and maritime economics, and investors deciding whether to invest in a particular shipping firm.

‘This book give an up-to-date view of the challenges facing shipping companies and should be required reading for (shipping) executives.'

Kristian Jebsen - Chairman, Gearbulk

‘The book offers welcome new insights to an industry which, by general recognition, is described as conservative, secretive and away from the spotlight of publicity … the book provides an important contribution. Its clarity and rigor in its style shall surely contribute to its attractiveness among practitioners and academicians alike.’

Hercules E. Haralambides Source: Maritime Economics & Logistics