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Tankers in TroubleNorwegian Shipping and the Crisis of the 1970s and 1980s$
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Stig Tenold

Print publication date: 2006

Print ISBN-13: 9780973893427

Published to Liverpool Scholarship Online: January 2019

DOI: 10.5949/liverpool/9780973893427.001.0001

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PRINTED FROM LIVERPOOL SCHOLARSHIP ONLINE (www.liverpool.universitypressscholarship.com). (c) Copyright Liverpool University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in LSO for personal use.date: 25 June 2022

The Shipping Market after World War II

The Shipping Market after World War II

(p.7) Chapter 2 The Shipping Market after World War II
Tankers in Trouble

Stig Tenold

Liverpool University Press

This chapter provides a history of the shipping market between the end of the Second World War and the beginning of the shipping crisis of 1973. It documents the major changes to shipping and shipbuilding practices that occurred during this period, including the increase in technological advancement, a steady growth of the oil trade, and the rise of container shipping. It concludes in 1973 after a misleadingly strong growth in shipping demand, and cites the short but consequential Yom Kippur War as a crucial shift in international power structure and the world economy, deeming it the beginning of the shipping crisis.

Keywords:   Modern Shipbuilding, Globalisation, Global Shipping, Oil Trade, Containerisation, Liner Shipping, Yom Kippur War

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