Norwegian Shipping in the 20th Century

Norway's Successful Navigation of the World's Most Global Industry

by StigĀ Tenold

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Book Description

This 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.

This open book is licensed under a Creative Commons License (CC BY-NC-ND). You can download Norwegian Shipping in the 20th Century ebook for free in PDF format (3.5 MB).

Book Details

Subject
Economics and Finance
Publisher
Palgrave Macmillan
Published
2019
Pages
336
Edition
1
Language
English
ISBN13
9783319956381
ISBN10
3319956388
ISBN13 Digital
9783319956398
ISBN10 Digital
3319956396
PDF Size
3.5 MB
License
CC BY-NC-ND

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