Shipping is by far the most important mode of transportation for the carriage of cargo. This book is concerned with the economics of this essential mode of transportation. It also gives readers insight into largely concerned with the study of the development of transportation, different modes of transport, the role of ports, port performance, importance of ports, economics of port and port procedure, the role of seaborne trade in economic development, development of Indian shipping, shipping policy and five years plans, chartering and containerization. The book also examines the extensive shipping industry - including tankers, dry cargo, the liner trade and types of ship. It has been organized into 18 chapters. Multiple choice questions carefully selected from University have also been given at the end of book along with the brief hints. It covers the syllabi prescribed by all the Indian Universities in Shipping Economics for the degree and the postgraduate levels. However, this book is also useful for BA, B.Com, BBA, MA and M.Com. Degree courses of other Indian Universities. As such, the book is also useful to students, researchers, industrialists, policy makers and consultants. In addition, it will also be beneficial to candidates appearing for various competitive examinations such as IAS, IES, CA and NET examinations. This book covers very easy and modest language, which will be understood by the students of all the levels. I hope that every reader will enjoy reading this book. Any recommendation to further improve its matters is most welcome.