Cover image for The business of shipping
The business of shipping
Kendall, Lane C., 1912-
Personal Author:
Seventh edition.
Publication Information:
Centreville, Md. : Cornell Maritime Press, [2001]

Physical Description:
xiv, 453 pages : illustrations ; 24 cm
Subject Term:
Format :


Call Number
Material Type
Home Location
Item Holds
HE571 .K4 2001 Adult Non-Fiction Central Closed Stacks

On Order



Long acknowledged as the most comprehensive and authoritative book in its field, The Business of Shipping describes and analyzes the shipping business as it exists today. It will be useful to professionals who are currently specialists in one branch of the business, but only marginally knowledgeable about its other aspects. It will also familiarize transportation students and newcomers to the industry with the many facets of the shipping enterprise and the international movement of cargo. It can serve as the basic volume for any course in marine transportation.

The topics covered include the significance of marine transportation; government involvement in regulating the industry; tramp shipping; liner service; the passenger cruise business; vessel management; cargo documentation; shoreside activities, such as terminal operations, ship husbandry, and bunkering procedures; and the actual functioning of the many segments of a shipping company operation. The book's scope is broader and more attunedto the working of the industry than most other books on marine transportation.

While a good deal of the material from the sixth edition has been retained, new and up-to-date information has been added to reflect the many recent developments in the industry.

Author Notes

Lane C. Kendall was born in New Orleans, Louisiana, on May 11, 1912. He earned both a bachelor's and a master's degree from Tulane University and pursued graduate studies at the University of California (Berkeley) and Princeton University. His long and distinguished career in shipping began with Grace Line and included duty as a combat cargo officer in the U.S. Marine Corps. He was a faculty member at the U.S. Merchant Marine Academy and a commercial shipping advisor to the commander of the Military Sealift Command. Among other awards, Kendall received the Navy's Superior Civilian Service Award and the Naval Institute's Award of Merit. Lane Carter Kendall died on March 2, 1999, in Oakland, California
James J. Buckley graduated from the California Maritime Academy in 1971 with a bachelor of science degree in nautical science. He began his sailing career as an able seaman aboard a U.S. flag merchant vessel. In 1976 he received his unlimited master's license and has sailed as master for eight years on tramp and liner vessels. Captain Buckley earned endorsement for first-class pilotage for San Francisco Bay as well as the degree of a master of business administration. Ashore, he has worked for a terminal operator and stevedoring company. In 1985 he joined the faculty at California Maritime Academy and currently holds the academic rank of professor in the Department of Maritime Management. At the academy, he has been Department Chair and chief mate and training captain on the training ship Golden Bear. In the fall of 1998 he became a graduate student in the doctorate program of Transportation Technology and Policy at the University of California (Davis). Captain Buckley resides in Vallejo with his wife Pam

Table of Contents

Preface to the Seventh Editionp. xi
Preface to the First Editionp. xiii
Introductionp. 3
1 The Significance of Maritime Transportationp. 7
2 Regulatory Involvement in Maritime Transportationp. 12
Types of Regulatory Involvementp. 13
United States Regulatory Involvementp. 16
3 Tramp Shipping: Its Management and Operationsp. 22
Management of Tramp Shipsp. 29
Operation of Tramp Shipsp. 35
4 Charteringp. 47
Seaworthinessp. 49
Warrantiesp. 51
Voyage Charterp. 52
Time Charterp. 59
Bareboat (Demise) Charterp. 66
5 Liner Shipping: Its Management and Operationsp. 70
Traffic Departmentp. 74
Operations Departmentp. 80
Marine Divisionp. 82
Engineering Divisionp. 83
Commissary (Steward's) Divisionp. 84
Purchasing Divisionp. 85
Terminal Divisionp. 85
6 The Conference Systemp. 91
7 Passenger Vessel Operationsp. 111
8 Industrial and Special Carriersp. 133
Industrial Carriersp. 134
Special Carriersp. 136
9 Tanker Management, Operations, and Charteringp. 147
Tanker Charteringp. 158
Liquefied Gas Carriersp. 163
Chemical Tankersp. 167
10 Vessel Management Companiesp. 173
11 Vessel Bunkeringp. 180
Principles of Bunkeringp. 190
12 Ship Husbandry: Procurement of Vessel Stores, Supplies, and Servicesp. 199
Hotel Servicesp. 206
Chandlersp. 209
Ship Agentsp. 212
Agency for Ships under Charterp. 214
Agency for a Liner Servicep. 215
13 The Logic of Ship Schedulingp. 217
14 Terminal Management and Operationsp. 228
Types of Marine Terminalsp. 234
Terminal Operationsp. 243
15 The Stevedore Contractp. 265
Similarities in Breakbulk Cargo and Container Cargo Contractp. 267
Breakbulk Cargo Contractp. 270
Container Cargo Contractp. 272
16 Containerization and Its Impact on Transportationp. 276
The Integrated Transportation Conceptp. 278
The Economics of Containerizationp. 287
Container Types and Sizesp. 289
Global Alliancesp. 295
Containershipsp. 298
The Benefits of Containerizationp. 299
17 The Intermodal Transportation Conceptp. 301
Landbridge Service Capabilitiesp. 306
Load Centersp. 310
18 How Freight Rates Are Madep. 314
The Theory of Freight Ratesp. 314
Factors in Ocean Freight Rate Makingp. 322
Types of Ocean Freight Ratesp. 327
Freight Rates for Cargo in Containersp. 330
Project Ratesp. 332
19 The Ocean Bill of Ladingp. 334
The Private Carrierp. 335
The Common Carrierp. 336
Historical Development of the Bill of Ladingp. 337
Laws Applicable to Contracts of Carriagep. 340
The Harter Act and the Carriage of Goods by Sea Actp. 342
The Bill of Lading as a Contract of Carriagep. 346
The Bill of Lading as a Receiptp. 348
The Bill of Lading as Evidence of Ownershipp. 350
The Negotiable or Order Bill of Ladingp. 350
The Straight (Nonnegotiable) Bill of Ladingp. 352
The Bill of Lading in Foreign Trade Financingp. 352
20 The Traffic Studyp. 355
21 Planning for a New Shipp. 361
22 New Technology for the Maritime Industryp. 375
Ship Design and Vessel Propulsion Systemsp. 375
Navigation Systems and Watchkeeping Practicesp. 379
Communication Systemsp. 383
Terminal Equipment and Operationsp. 386
23 The Business of Shippingp. 390
Notesp. 397
Glossaryp. 431
Indexp. 443
About the Authorsp. 453