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The Vital SparkThe British Coastal Trade, 1700-1930$
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John Armstrong

Print publication date: 2009

Print ISBN-13: 9780986497308

Published to Liverpool Scholarship Online: January 2019

DOI: 10.5949/liverpool/9780986497308.001.0001

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Late Nineteenth-Century Freight Rates Revisited: Some Evidence from the British Coastal Coal Trade

Late Nineteenth-Century Freight Rates Revisited: Some Evidence from the British Coastal Coal Trade

Chapter:
(p.149) Chapter 9 Late Nineteenth-Century Freight Rates Revisited: Some Evidence from the British Coastal Coal Trade1
Source:
The Vital Spark
Author(s):

John Armstrong

Publisher:
Liverpool University Press
DOI:10.5949/liverpool/9780986497308.003.0009

This chapter analyses previous studies of maritime freight rates and offers a statistical and economic analysis of the British coastal trade. It explores the methodology of calculating freight rates, plus the motives for raising and lowering them, and calculates the operating costs of coal shipping in the British coastal trade. It asserts that advances made in coastal shipping technology lowered costs and transformed the coastal coal trade into a more profitable enterprise.

Keywords:   Maritime Economics, London Coal Trade, Shipping Economics, British Colliers, Coal Trade

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