ABSTRACT
In this chapter, the analysis centres on the organization and management of dry bulk shipping companies. Organizing is defined as the management function that deals with the assignment of tasks, the grouping of activities into departments, and the allocation of resources to the departments, while management refers to the attainment of organizational goals in an effective and efficient manner through the functions of planning, leading, and controlling (Daft, 2010). The need for a separate examination of the organizational and management approaches adopted by dry bulk shipping companies has to do with the characteristics of the environment in which they operate. As a rule, these are companies which are active in the world shipping market, derive their factors of production on a world-wide basis, and provide their services all over the world. In parallel, they are not subject to geographical limitations either as to the basic factors of production (capital-labour-institutional framework of operation of ships and offices), or as to the offer of their services.
