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British Shipping and World Competition$
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S G Sturmey

Print publication date: 2009

Print ISBN-13: 9780986497322

Published to Liverpool Scholarship Online: September 2018

DOI: 10.5949/liverpool/9780986497322.001.0001

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Shipowning and Resource Allocation

Shipowning and Resource Allocation

Chapter:
(p.223) Chapter 11 Shipowning and Resource Allocation
Source:
British Shipping and World Competition
Author(s):

S.G. Sturmey

Publisher:
Liverpool University Press
DOI:10.5949/liverpool/9780986497322.003.0011

This chapter continues to explore the economics of British shipping enterprises in relation to the necessary factors for economic expansion, by evaluating international competition and the cost of providing a competitive service. It looks at the classification of costs; liners and national costs; crew and labour costs; external economies; and overseas trade. It concludes that national trade is useful, but not a necessity for success as a shipowner, and that when faced with inadequate national trade, shipowners simply sought extra-national trade in order to expand.

Keywords:   Twentieth Century Shipowning, Shipping Rivalries, Maritime Labour, American Shipping, Norwegian Shipping

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