List of exhibits; Foreword; Acknowledgements; Part I. World Shipping: The Context: 1. Drivers of change in the shipping industry; 2. Major shipping markets; 3. Shipping freight rates; 4. Shipping industry clusters; Part II. Strategic Archetypes in Shipping: 5. Specialized strategies; 6. Owning steel; 7. Using steel; 8. Operating steel; 9. Innovating around steel; Part III. The Firm's Portfolio Strategy: 10. Portfolio management; 11. Risk and revenue management; Part IV. In Conclusion: 12. Two unique issues in shipping - family and governance; 13. In the end … a question of management capabilities; Bibliography; Index.

'Shipping Strategy draws upon Peter Lorange's unique experience as an innovator in the worlds of academia and shipping. He has been a successful ship-owner as well as President of IMD, the leading European business school for executive development. Dr Lorange is a globalist and shipping is the most global industry of all. He communicates in a very concrete and practical manner about how the complexities of a global business environment can be turned into a platform for success through the development of focused strategies that enable simplification and scalability through specialization. Strategic clarity enables identification and control of the critical success factors across the full range of strategic options. It enables successful execution in a very dynamic business environment. The combination of creativity, courage, discipline, professionalism and stamina that characterize the innovators and entrepreneurs in shipping is highlighted by Dr Lorange who has unique knowledge from personal interaction with so many of the strong personalities in the industry.' Paul L. Eckbo, Chairman and CEO of the Marsoft Group