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Research on Strategy Management of P Shipping Company in the Financial Crisis

Research on Strategy Management of P Shipping Company in the Financial Crisis PDF Author: Shengli Si
Publisher:
ISBN:
Category :
Languages : en
Pages : 79

Book Description
The global financial crisis in 2008, unexpectedly, has given a serious strike on the world financial system and the economic entities, which are still suffering heavily from its side effects. The shipping industry is one of the hardest hit fields. Many shipping companies have closed down because the relatively excessive shipping capacity and the dropped-down freight in the shipping market had caused the broken of the cash flow strand, and many others are still struggling for survival. It was even rumoring that the 'survived' shipping companies in the crisis would be the leading companies in the shipping industry. P Shipping Company has unavoidably encountered some difficulties during the financial crisis. But being benefited from the persistent company policies in risk control and timely adjustment of the strategy direction and operational tactics, the Company has achieved profitable 2008 and 2009 in total, stemming against the main stream of lose. Further more, it has successfully expanded the size of the fleet. In this paper, the remarkable mode against the financial crisis by the P Shipping Company is taken here for an example. The operational character of the shipping companies is considered. The relevant data and cases are analyzed. According to the current internal and external economic environment, the risk control practice in the high-risk shipping industry and the strategic direction to improve the competitive superiority of a shipping company are brought forward. After qualitatively analyzing on the important factors affecting the strategy management of a shipping company, the possible strategy projects are to be provided to the shipping companies.

Research on Strategy Management of P Shipping Company in the Financial Crisis

Research on Strategy Management of P Shipping Company in the Financial Crisis PDF Author: Shengli Si
Publisher:
ISBN:
Category :
Languages : en
Pages : 79

Book Description
The global financial crisis in 2008, unexpectedly, has given a serious strike on the world financial system and the economic entities, which are still suffering heavily from its side effects. The shipping industry is one of the hardest hit fields. Many shipping companies have closed down because the relatively excessive shipping capacity and the dropped-down freight in the shipping market had caused the broken of the cash flow strand, and many others are still struggling for survival. It was even rumoring that the 'survived' shipping companies in the crisis would be the leading companies in the shipping industry. P Shipping Company has unavoidably encountered some difficulties during the financial crisis. But being benefited from the persistent company policies in risk control and timely adjustment of the strategy direction and operational tactics, the Company has achieved profitable 2008 and 2009 in total, stemming against the main stream of lose. Further more, it has successfully expanded the size of the fleet. In this paper, the remarkable mode against the financial crisis by the P Shipping Company is taken here for an example. The operational character of the shipping companies is considered. The relevant data and cases are analyzed. According to the current internal and external economic environment, the risk control practice in the high-risk shipping industry and the strategic direction to improve the competitive superiority of a shipping company are brought forward. After qualitatively analyzing on the important factors affecting the strategy management of a shipping company, the possible strategy projects are to be provided to the shipping companies.

Handbook of Research on Entrepreneurship and Organizational Resilience During Unprecedented Times

Handbook of Research on Entrepreneurship and Organizational Resilience During Unprecedented Times PDF Author: Aloulou, Wassim J.
Publisher: IGI Global
ISBN: 1668446073
Category : Business & Economics
Languages : en
Pages : 770

Book Description
Managerial, organizational, and entrepreneurial scholars across disciplines have discussed the topic of resilience from developed economies, yet much remains unknown on its practice during modern times and the crises that have recently affected daily lives, business, and workplaces. Moreover, few experiences of economic instability have been reported from emerging countries, where global competition, economic, social, environmental, and sanitary concerns remain as real challenges. It is essential that both researchers and practitioners explore new perspectives and tools to study resilience at many diverse levels and contexts. The Handbook of Research on Entrepreneurship and Organizational Resilience During Unprecedented Times explores experiences in different managerial, organizational, and entrepreneurial issues, particularly from the perspective of emerging countries. By investigating different levels with interdisciplinary approaches and integrative frameworks, it advances new perspectives for future research. Covering topics such as employee creativity, economic crisis, and supply chain management, this major reference work is an indispensable resource for entrepreneurs, business leaders and executives, marketing managers, human resource managers, organization behavior specialists, consultants, government officials, politicians, librarians, students and faculty of higher education, researchers, and academicians.

Management, Finance and Industrial Relations in Maritime Industries

Management, Finance and Industrial Relations in Maritime Industries PDF Author: Simon P. Ville
Publisher: Oxford University Press
ISBN: 0969588542
Category : Business & Economics
Languages : en
Pages : 230

Book Description
This volume seeks to explore the vast history of international maritime business, focussing on themes of management, finance, and labour. Each essay considers the economics of maritime industries and the factors that influenced decision-making. Their collective purpose is to spotlight relatively neglected areas of international maritime business history, and their richly varied subjects and geographies are primarily unified by this theme, whilst demonstrating the universality of international maritime business. The essays cover the following subjects:- the Norwegian shipbroking firm, Fearnley and Eger; the labour management strategies of nineteenth century London dock companies; the hierarchies of Finnish seagoing in the nineteenth century; twentieth-century Spanish merchant shipping; an examination of Gothenburg's leading shipping companies; an exploration of The Royal Mail's postal contracts and overseas mail service; patterns of ownership and finance in Greek deep-sea steamship fleets; the relationships between banks and industry in interwar Italy; the expansion of Japanese post-war shipbuilding; and a survey of Chinese junk trades.

Business Under Crisis Volume I

Business Under Crisis Volume I PDF Author: Demetris Vrontis
Publisher: Springer Nature
ISBN: 3030765679
Category : Business & Economics
Languages : en
Pages : 291

Book Description
This book examines businesses under crisis conditions through a composition of contextual accounts. The Editors argue that crises are transformative, evolutionary and even revolutionary in the development of organizations, industries and markets. Moreover, crises reform the context in which organizations operate, including customers and their behaviour. As such, they need to be viewed as conduits to change, accelerators of evolution and catalysts of innovation in organizations. Emphasising the importance of ‘context’ and its complexities, the book argues that for crisis, as a concept and notion, context is crucial to any understanding of the meaning that should or could be attached to it. Drawing on different types of changes and crises that substantially affect business, including economic, technological, political, and environmental, chapters Bringing together scientific research and case studies on contextual transformations, the book provides a balanced selection of works across business disciplines, including management, strategy, marketing and finance as well as geographic regions, market types and industries. The book examines the context of crises, its indicators and triggers, and encompasses topics such as Artificial Intelligence, e-mobility, changes in consumption patterns, militancy and the impact of pandemics.

The Routledge Handbook of Maritime Management

The Routledge Handbook of Maritime Management PDF Author: Photis M. Panayides
Publisher: Routledge
ISBN: 1317207033
Category : Business & Economics
Languages : en
Pages : 363

Book Description
This handbook provides a wide-ranging, coherent, and systematic analysis of maritime management, policy, and strategy development. It undertakes a comprehensive examination of the fields of management and policy-making in shipping by bringing together chapters on key topics of seminal scientific and practical importance. Within 21 original chapters, authoritative experts describe and analyze concepts at the cutting edge of knowledge in shipping. Themes include maritime management and policy, ship finance, port and maritime economics, and maritime logistics. A study examines the determinants of ship management fees. Aspects of corporate governance in the shipping industry are reviewed and there is a critical review of the ship investment literature. Other topics featured include the organization and management of tanker and dry bulk shipping companies, environmental management in shipping with reference to energy-efficient ship operation, a study of the BIMCO Shipping KPI standard, utilizing the Bunker Adjustment Factor as a strategic decision-making instrument, and slow steaming in the maritime industry. All chapters are written to provide implications for further advancement in professional practice and research. The Routledge Handbook of Maritime Management will be of great interest to relevant students, researchers, academics, and professionals alike. It provides abundant opportunities to guide further research in the areas covered but will also initiate and inspire effective maritime management.

Strategic Management During a Pandemic

Strategic Management During a Pandemic PDF Author: Vikas Kumar
Publisher: Routledge
ISBN: 100043141X
Category : Business & Economics
Languages : en
Pages : 209

Book Description
The COVID-19 pandemic changed world dynamics, working scenarios, as well as professional and emotional dimensions. The virus has emerged as a significant threat for the continuity of business. Keeping the gravity of the problem in mind, companies must understand the need for change and must now update their strategy to account for pandemics. The next pandemic may be more severe than the current one, meaning that organizations need to devise mechanisms and business models to fight with these situations and maintain business continuity. They should not only look forward to saving plants, machinery and infrastructure, but also concentrate on employee welfare, customer engagement and satisfaction during this crisis time. The book will not only present the evidence of various effective solutions to run a business in the time of a pandemic, but also put forward the new models and practices of business being followed by people at the time of crisis. It aims to create a bridge between existing business models and proposed business solutions, focusing on existing theories and most importantly case studies from recent happenings. This rich collection of chapters will provide insights regarding the business challenges, opportunities and practices during pandemic situations like COVID-19, making it particularly valuable to researchers, academics and students in the fields of strategic management, leadership and disaster management.

Great Power Competition and Middle Power Strategies

Great Power Competition and Middle Power Strategies PDF Author: Vinod K. Aggarwal
Publisher: Springer Nature
ISBN: 303138024X
Category : Political Science
Languages : en
Pages : 229

Book Description
This edited volume addresses geo-economic strategic competition in the Indo-Pacific, exploring both the theoretical and thematic contours of this concept and issue-specific dynamics in the areas of finance, trade, energy, and technology competition. Chapters focus on the impact of renewed great power competition between Washington and Beijing in the Indo-Pacific region across these four areas. Each addresses central concerns for the future of the global economic order and offers a lens to understand interstate competition in light of the geopolitical shifts resulting from the COVID-19 pandemic. Written by an international panel of experts, this volume provides a cohesive view of the region's most pressing issues. As such, it will be relevant to scholars specializing in Indo-Pacific domestic politics and foreign policy, U.S. foreign policy, middle powers, China-U.S. relations, China-EU relations, Asia-Pacific developments, international security, international political economy, and emerging markets.

Strategic Alliances in Liner Shipping in Postcrisis Time

Strategic Alliances in Liner Shipping in Postcrisis Time PDF Author: Jorunn-Katinka Oxaas-Straume
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Strategic alliances have been the new and standard cooperation form between liner shipping companies since the 1990s. There are different drivers on why liner shipping companies decides to be a member of an alliance instead of running as a soloist. Europe, China and the United States are constantly developing their antitrust laws to follow the market and the changes in these alliances. Not only does the laws change, the market and the vessel size are constantly changing with the new and bigger alliances. The alliances and shipping lines are dependent on the market, and they were therefore also affected by the financial crises in 2008. This paper is a part of the B.Sc. Management with specialization in logistics at Kühne Logistics University in Hamburg, Germany. This thesis is the bachelor thesis, and final paper during the bachelor program. The type of this paper is a literature reviews. The topic for this paper is how the strategic alliances in liner shipping have changed in post-crisis times. The paper discusses legal issues, drivers for alliances, market developments, consequences, the financial crisis in 2008 and development and changes in strategic alliances during the following years. The paper also includes a section on which lists some empirical studies that have been done before and discuss these.

Report on China’s Cruise Industry

Report on China’s Cruise Industry PDF Author: Hong Wang
Publisher: Springer
ISBN: 9811081654
Category : Business & Economics
Languages : en
Pages : 280

Book Description
The book contains 12 contributions that explain the current state of China’s cruise industry and future development. Dating from the 1960s and with the rapid development of over 50 years, the modern cruise industry has developed into one of the fastest growing industries with the most remarkable economic benefits in the global tourism and hospitality industry, known as a “golden industry on the golden waterway”. In recent years, with the gradual saturation of international cruise market and the eastward-moving trend of the center of cruise market, China has become a strategic emerging market with which international cruise lines have been competing. A number of international cruise lines, including Costa Crociere, Royal Caribbean Cruises, Princess Cruises, MSC Cruises, Star Cruises, Norwegian Cruise Line and Dream Cruises, have entered the cruise market in Mainland China.

The Handbook of Maritime Economics and Business

The Handbook of Maritime Economics and Business PDF Author: Costas Grammenos
Publisher: Taylor & Francis
ISBN: 1135134138
Category : Law
Languages : en
Pages : 1184

Book Description
This book is the founding title in the Grammenos Library. The diversity of the subjects covered is unique and the results of research developed over many years are not only comprehensive, but also have important implications on real life issues in maritime business. The new edition covers a vast number of topics, including: • Shipping Economics and Maritime Nexus • International Seaborne Trade • Economics of Shipping Market and Shipping Cycles • Economics of Shipping Sectors • Issues in Liner Shipping • Economics of Maritime Safety and Seafaring Labour Market • National and International Shipping Policies • Aspects of Shipping Management and Operations• Shipping Investment and Finance • Port Economics and Management • Aspects of International Logistics