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Martin Stopford (born 1947) is a
British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, ...
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
and has had careers as a teacher, writer, information provider and business manager. Stopford is regularly quoted by
The Economist ''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Econo ...
,References to Martin Stopford from The Economist
/ref> the
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,
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and
Lloyds List ''Lloyd's List'' is one of the world's oldest continuously running journals, having provided weekly shipping news in London as early as 1734. It was published daily until 2013 (when the final print issue, number 60,850, was published), and is ...
. He received a Lloyd's List Lifetime Achievement Award in 2010.Lloyd's List Global Award Winners 2010
He is a director of Clarksons plc, the world's largest shipbroker.Clarksons plc
/ref>


Early life and education

Stopford was born in Bolton, Lancashire in 1947, son of a clergyman. He was educated at Prestfelde School, Shrewsbury and Denstone College, Staffordshire. In 1966 he won an Abbott Scholarship to
Keble College Keble College () is one of the constituent colleges of the University of Oxford in England. Its main buildings are on Parks Road, opposite the University Museum and the University Parks. The college is bordered to the north by Keble Road, to th ...
, Oxford in 1969 where he studied Politics, Philosophy and Economics (PPE) under Adrian Darby, James Griffin,
Paul Hayes Paul Edward Hayes (born 20 September 1983) is an English former professional footballer who works as director of football for Isthmian League Premier Division side Bowers & Pitsea. As a player he was a forward who made more than 500 appearan ...
, and Basil Mitchell. Stopford went on to receive a Doctor of Philosophy Degree in Economics from
Birkbeck College Birkbeck, University of London (formally Birkbeck College, University of London), is a public university, public research university, located in Bloomsbury, London, England, and a constituent college, member institution of the federal Universit ...
, part of the University of London, which he completed in 1979.


Career

Martin Stopford first became involved with the shipping business in 1971 when he joined Maritime Transport Research, a London-based shipping consultancy. He studied seaborne trade, culminating in the publication, with colleagues Jack Griffiths, Sue Bland and John Stapleton of a six volume series of reports “Dry Cargo Ship Demand to 1980” covering the movement of 220 separate commodity trades by sea. In 1977, Stopford joined
British Shipbuilders British Shipbuilders (BS) was a public corporation that owned and managed the shipbuilding industry in Great Britain from 1977 through the 1980s. Its head office was at Benton House in Newcastle upon Tyne, England. History The corporation was ...
as Group Economist. In 1981 he became Director of Business Development, where his responsibility for the annual corporate plan drew him into the many problems of the 1980s depression in the shipping and shipbuilding industries. In 1988 Stopford was recruited by
Chase Manhattan Bank JPMorgan Chase Bank, N.A., doing business as Chase Bank or often as Chase, is an American national bank headquartered in New York City, that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and fina ...
as Global Shipping Economist, just as the ship finance business was re-discovering itself after the disastrous recession. Then in August 1990, on the day Saddam Hussein invaded Kuwait, he became MD of Clarkson Research. Over a 20-year period, Clarkson Research grew into a sizeable business with over 200 products, serving clients in shipping, shipbuilding, finance, marine equipment and offshore. In 2004 he joined the main Clarksons board.


Academia

In the late 1970s he started lecturing at Cambridge Academy of Transport and in 1989 set up the Anatomy of Ship Finance course which he still leads. He also developed the International Commodity Trade and Transport (ICTC) module at the Centre for Shipping, Trade & Finance at CASS set up by Professor Costas GrammenosThe Costas Grammenos International Centre for Shipping, Trade and Finance
/ref> in 1984. During the first term he added Shipping Economics and taught both courses until the early 1990s. In 2009 he was given an honorary Doctorate by Solent University and in 2010 he was the winner of the Lifetime Achievement Award at the Lloyds List Global Shipping Awards Dinner. He is also a Visiting Professor at Cass Business School, Dalian Maritime University, Copenhagen Business School and Newcastle University.


Writing

The first edition of “Maritime Economics” was published Allan and Unwin in 1988. It was the first text book to set out a broad economic framework of the international shipping business which transported over 8 billion tonnes of cargo in 2011. Second and third editions were published by Routledge in 1997 and 2009. In 2005 Maritime Economics was awarded the Chojeong Book Prize for “making a significant contribution to the development of maritime transport and logistics academically and practically”.


Personal life

Martin Stopford has two children, BenjaminBen Stopford (Son)
/ref> and Elizabeth. He lives in London where he cycles to work in the City each day and still keeps a motorcycle. A lifelong horticulturalist, he is a keen gardener and manages a small organic hill farm in Staffordshire Moorlands.


Publications

*
A Collection of papers by Martin Stopford


Website



mlecs.com The website started as a resource for the book Maritime Economics, but it now includes information about institutions around the world which run maritime courses, and a Study Centre where students can watch video lectures, read papers, take tests, and monitor their progress, either self-supervised or supervised by an authorised tutor.


References

{{DEFAULTSORT:Stopford, Martin 1947 births Living people British economists Alumni of Keble College, Oxford Alumni of Birkbeck, University of London Academics of Bayes Business School