TITLE:
A Successful Shipowner Has to Learn How to Face the Shipping Cycles
AUTHORS:
Alexandros M. Goulielmos
KEYWORDS:
The Theory of the Business Cycle, The Theory of the Shipping Cycle and Its Simulation, The Very Long Wave Occurred in the Dry Cargo Shipping Market Since 1741, How a Shipping Company to Protect Itself from a Cycle, The History of the Maritime Cycles in Tankers and Bulk Carriers Since 1947 till 2025, A Proposed Method for the Prognosis of a Maritime Cycle
JOURNAL NAME:
Modern Economy,
Vol.17 No.3,
March
2,
2026
ABSTRACT: We presented the theory of the Business Cycle and also the theory of the Shipping Cycle, together with a novel simulation of the last one. Three parts were devoted to the history of the 9 shipping cycles since 1947 in the dry cargo ships and in tankers up to 2025. The very long shipping wave since 1741 presented, lasting about 170 years. We analyzed the way that a shipping manager reacts upon a rise in demand. We have contributed to the existing theory by proposing a number of protective measures against maritime cycles together also with a method for their prognosis based on the forecast OECD world industrial production index.