Realities and Perspectives of European Maritime Trade

Authors

  • Romeo Bosneagu “Mircea cel Batran” Naval Academy
  • Carmen Elena Coca Tomis University Constanta
  • Lilia Sargu USEM Chisinau
  • Ionut Scurtu “Mircea cel Batran” Naval Academy
  • Dumitru Corduneanu Spiru Haret University Constanta
  • Daniel Daneci-Patrau Spiru Haret University
  • Sergiu Lupu “Mircea cel Batran” Naval Academy

Keywords:

Seaborne trade; EU; Covid 19

Abstract

European maritime trade continues to be primarily driven by the evolution of the European and world economy and business. Although the relationship between economic output and trade in goods appears to be changing, with a marked decline in trade in the total value of Gross Domestic Product in recent years, the demand for maritime transport services remains dependent on the performance of the world economy. While industrial activity, economic production, the number of goods, trade and maritime trade may increase at different rates, these variables remain positively correlated. In the conditions of interdependence and globalization, seaborne trade, with efficiency and profitability, is the engine of economic development and prosperity. The European market for the transport of general goods is determined by the need for such goods worldwide, the world economy, the demographic situation, industrialization, and the surplus and deficit of industrialized goods.

Author Biographies

Romeo Bosneagu, “Mircea cel Batran” Naval Academy

Associate Professor

Carmen Elena Coca, Tomis University Constanta

Lecturer

Lilia Sargu, USEM Chisinau

Associate Professor

Ionut Scurtu, “Mircea cel Batran” Naval Academy

Lecturer

Dumitru Corduneanu, Spiru Haret University Constanta

Lecturer

Daniel Daneci-Patrau, Spiru Haret University

Lecturer

Sergiu Lupu, “Mircea cel Batran” Naval Academy

Associate Professor

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Published

2022-09-05

Issue

Section

Business Administration and Business Economics