maritime economics

Maritime economics studies the economic activities related to the sea and shipping. It explores how goods are transported across oceans, the costs of shipping, the role of ports, and the impact of maritime trade on global economies. This field examines shipping companies, maritime regulations, and the logistics of supply chains that rely on waterborne transport. It also looks at the environmental and technological aspects of the maritime industry, highlighting its importance in facilitating international trade and contributing to the world economy. Ultimately, maritime economics helps us understand the intricate relationship between seaborne trade and economic growth.