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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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The Structure of the British Industry

The Structure of the British Industry

(p.301) Chapter 14 The Structure of the British Industry
British Shipping and World Competition

S.G. Sturmey

Liverpool University Press

This chapter provides a thorough account of the structure of the British shipping industry as it stood in 1960. It examines fleet ownership and provides a detailed summary of the eight liner companies that owned eighty percent of British liner tonnage at the time, and both the causes and consequences of this structure. The companies detailed, in order of size, are as follows: Peninsular and Oriental Steam Navigation Company (P&O); Furness Withy; Blue Funnel Group (containing the Blue Funnel and Elder Dempster lines); Cunard; British and Commonwealth; Ellerman; Vestey; and Inverforth. It concludes with the author’s prediction that in order to improve the industry, large companies must accept the turbulent industry environment and learn to navigate it flexibly to attain future growth.

Keywords:   British Liner Shipping, British Tramps, British Tankers, Oil Trade, Cunard Line, Elder Dempster, P&O Line

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