This book examines the strategic and economic implications of digitalization for the shipping industry, highlighting how digitalization strengthens connectivity and integration across the maritime ecosystem. It explores how advances in digital technologies have expanded information-processing capabilities while significantly reducing transaction and coordination costs. Building on these developments, the book explains how digitalization is reshaping maritime business models, organizational structures, and digital ecosystems. Collectively, these developments are fostering closer collaboration, more efficient coordination, and deeper integration among stakeholders across the maritime ecosystem.

By combining economic theory with practical industry perspectives, this book provides insights into the strategic and economic opportunities created by digital transformation. As an open-access book, it will be of interest to students, researchers, practitioners, and policymakers working in maritime economics, shipping, and maritime strategy.

Martin Jes Iversen is Associate Professor of Economics at Copenhagen Business School and MPA Professor in Maritime Business at Singapore Management University. His research focuses on maritime economics, maritime history, and shipping digitalization.

Cemile Solak-Fiskin is Assistant Professor of Maritime Business Management at Ordu University. Her research focuses on maritime economics, shipping digitalization, and maritime transport systems.