Date of Award


Degree Type

Major Paper

Degree Name

Master of Arts in Marine Affairs


Developments in the world ocean-borne transport industry since World War II are reviewed and major trends identified; based on these trends significant implications are derived. The study is limited to the deep sea segment of the shipping industry and touches on related fields, such as the coastal trades and port development, only where trends in the deep sea trade affect them. The major trends identified are the continued growth of ocean-borne trade, the ever growing ship size wherever it proves practical and economical, and the rapid evolution of ship specialization.