Overview
- Brings the success of the Norwegian shipping industry to an international audience for the first time
- Explains the importance of the shipping industry for the economic development and sustainabilty of Norway
- Utilises both economic history and business history to present a fully rounded account
Part of the book series: Palgrave Studies in Maritime Economics (PSME)
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Table of contents (10 chapters)
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Front Matter
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Back Matter
Keywords
About this book
This book is open access under a CC BY NC ND 4.0 license.
This book belongs to the Maritime Business and Economic History strand of the Palgrave Studies in Maritime Economics book series.
This open access book discusses how Norwegian shipping companies played a crucial role in global shipping markets in the 20th century, at times transporting more than ten per cent of world seaborne trade. Chapters explore how Norway managed to remain competitive, despite being a high labour-cost country in an industry with global competition. Among the features that are emphasised are market developments, business strategies and political decisions
The Norwegian experience was shaped by the main breaking points in 20th century world history, such as the two world wars, and by long-term trends, such as globalization and liberalization. The shipping companies introduced technological and organizational innovations to build or maintain a competitive advantage in a rapidly changing world.
The growing importance of offshore petroleum exploration in the North Sea from the 1970s was both a threat and an opportunity to the shipping companies. By adapting both business strategies and the political regime to the new circumstances, the Norwegian shipping sector managed to maintain a leading position internationally.
Authors and Affiliations
About the author
Stig Tenold is Professor of Economic History at NHH – The Norwegian School of Economics in Bergen. He is a member of the Editorial Boards of the two leading maritime history journals – The International Journal of Maritime History and Mariner's Mirror – and one of three editors of the book series Palgrave Studies in Maritime Economics.
Bibliographic Information
Book Title: Norwegian Shipping in the 20th Century
Book Subtitle: Norway's Successful Navigation of the World's Most Global Industry
Authors: Stig Tenold
Series Title: Palgrave Studies in Maritime Economics
DOI: https://doi.org/10.1007/978-3-319-95639-8
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2019
Hardcover ISBN: 978-3-319-95638-1Published: 11 December 2018
eBook ISBN: 978-3-319-95639-8Published: 21 November 2018
Series ISSN: 2662-6551
Series E-ISSN: 2662-656X
Edition Number: 1
Number of Pages: XIII, 327
Number of Illustrations: 3 b/w illustrations, 16 illustrations in colour
Topics: Maritime Economics