TITLE:
The Business History of 10 Greek-Owned Shipping Companies Evaluated by Nonlinear Management
AUTHORS:
Alexandros M. Goulielmos
KEYWORDS:
The Business History of 10 Greek-Owned Shipping Companies, The “Tidal Marine” Case-Study, The Importance of Companies’ Cash Flow Using CP Shipping Company as a Case-Study, Shipping Industry Attractor, The Ways to Apply “Managerial Finance”, Forecasting Shipping Markets Using Chaos Theory (Visioning), The Difference Between Weather and Business, Thiokol and Eletson Corporations and Their Attractors
JOURNAL NAME:
Modern Economy,
Vol.16 No.7,
July
29,
2025
ABSTRACT: We analyzed the business lives of 10 Greek-owned shipping companies by revealing their strategies since their foundation in about 1850s till recently. The majority of the managers of the Greek-owned shipping companies controlled their companies feeling four fears: the first derived from ordering new-buildings; the second came from the premature death of their owner; the third derived from the Stock Exchanges, and the tentative take-over there, and the last came from the shipping depressions. We underlined, especially the main facts, which “made Greece a great shipping nation again”, after the almost total destruction of its fleet during the 2nd WW. Moreover, we analyzed the business patterns applied, almost uniformly, by all Greek-owned shipping companies, following an unwritten tradition. Our main preoccupation was with forecasting the shipping markets using the tools provided by Chaos Theory. We presented also the “Cash-Flow Analysis”, the “CP shipping company” in its case-study, the ill-fated “Tidal Marine” and the differences between “Weather” and … “Business”. Two further case-studies were presented of “USA Thiokol and Eletson Shipping corporations”.