engleski

Impact of the Offshore Market Crisis on the Performance of Croatian Maritime Shipping Companies

The recent global economic crisis started in 2008 as a subprime (high-risk) mortgage market crisis in the USA and developed into a large- scale international economic crisis, affecting banking systems, financial institutions, insurance, funds and stock exchange. The crisis was followed by the Great Recession and the Eurozone crisis, impacting both the service and production sectors. The global crisis was a very complex phenomenon, not only with regard to its scope and scale, but also due to the complexity of global economic relationships. International companies and all companies performing on international markets have been affected by the events, directly or indirectly related to the crisis, which have been occurring on their respective markets. After a brief overview of the causes, scope and consequences of the global economic recession, this paper provides an analysis of the effects of the offshore market crisis on the performance of Croatian maritime shipping companies (in this paper that are Atlanska plovidba d.d., Jadroplov d.d., Lošinjska - Holding d.d., Brodospas d.d.).

crisis ; offshore market ; maritime shipping companies

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