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Maritime economics Shipping is a fascination business. It has such a long history and thus we can learn a lot from the past. The role of the shipping in the world market development cannot be underestimated. Its achievement was to link the fragments of the world into the united trade system. Among the key regions that had played an important role in the process of settling of the shipping industry were the Arabian Gulf and Mediterranean region. The Byzantine Empire, Greece and Venice had also made their contribution with the development of trade. The Age of Discovery promoted seafaring Continue reading...
