Methodology

Abstract

This chapter is aimed at presenting the framework of the conducted qualitative research. Essential element is the observation of commercial contracts for the use of the vessel (charter party ) as well as legal instruments for the carriage of goods by sea with the result being a theory generalization. This entails that a qualitative inductive and exploratory approach is adopted in a sense that there is a gap in the logic argument between the conclusion and the observations being made. The coherence for this reasoning is achieved through the grounded theory method, a formalized strategy to collect and analyze data (observed premises) which enables to answer the particular research objectives and meet the book’s aim.