Success and Failure
Success and Failure
The final section explores the successes and failures of twentieth-century Norwegian shipping, in attempt to determine why maritime businesses failed; to pinpoint turbulence in the industry; and to examine success alongside failure to better understand how new opportunities arose out of each. It is split into four sections; the first explores the differing approaches to shipping during the World War One boom in Haugesund, southwest Norway, through the case studies of two brothers who owned shipping companies - one that thrived and one that failed - and determines that their choices were limited and the fates of each firm difficult to overturn. The second is a case study of four shipping businesses that failed during the 1970s and the reasons for their failure, which, despite the market depression, was mostly due to internal decision-making and poor governance. The third is a quantitative analysis of company sizes between the 1960s and 1970s which, through a careful consideration of statistics, determines that larger companies were far more likely than small to survive the economic crisis. The final segment explores the growth of the deep-sea car-carrying business between 1960 and 2008, and finds that specialised tonnage and the successful transformation of shipping services in the twentieth century could keep maritime businesses afloat.
Keywords: Norwegian Shipping Companies, Deep-Sea Car-Carrying, Knutsen OAS Shipping, Botholf Stolt-Nielsen, Specialised Tonnage, Shipping Statistics, Modern Shipping
Liverpool Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.
