The Maritime Economist Magazine Spring 2015 | Page 21

THEMARITIME Economist scholarly knowledge in plain language Figure 10: Clustering of Maritime Sectors calling in their home seaports and having ships built and repaired in national ship yards. An experienced captain could find employment in maritime and port administrations or in classification societies that supervise ship building. Steel from a recycled ship could be reused for new constructions. ME Mag In past centuries, a maritime nation would benefit from synergies between the different maritime businesses. Ship owners would fly their own country’s national flag and employ their own compatriots – all speaking the same language and being geographically close. They would find it easy to operate their ships, 21