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Global MarketsThe Internationalization of the Sea Transport Industries since 1850$
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David J Starkey and Gelina Harlaftis

Print publication date: 1998

Print ISBN-13: 9780968128848

Published to Liverpool Scholarship Online: September 2018

DOI: 10.5949/liverpool/9780968128848.001.0001

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PRINTED FROM LIVERPOOL SCHOLARSHIP ONLINE (www.liverpool.universitypressscholarship.com). (c) Copyright Liverpool University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in LSO for personal use.date: 29 July 2021

International Freight Markets in the 1830s and 1840s: The Experience of a Major Finnish Shipowner

International Freight Markets in the 1830s and 1840s: The Experience of a Major Finnish Shipowner

Chapter:
(p.1) International Freight Markets in the 1830s and 1840s: The Experience of a Major Finnish Shipowner
Source:
Global Markets
Author(s):

Yrjö Kaukiainen

Publisher:
Liverpool University Press
DOI:10.5949/liverpool/9780968128848.003.0001

This chapter challenges the assumption that international freight markets were not possible until the advent of steam shipping and telegraph communication, instead arguing that much of the framework was developed during the age of sail. It accomplishes this by examining the everyday business practices of freight markers during the 1830s and 1840s, particularly the source material from the life and records of Finnish shipowner, Peter Malm Jr. The analysis of his records shows that shipping efficiency did improve during the period, through an increased speed of communication, integration of freight and commodity markets, and a decrease in time spent in docks (demonstrating an improvement in cargo handling). However, the author notes that Malm’s successes were typical or atypical, and may not be fully representative of the industry.

Keywords:   Maritime Finland, Peter Malm, Global Freight Markets, Shipping Technology, British Navigation Acts

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