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Published: 01 January 2006

257 Pages

6 x 9 inches

ISBN: 9780973893427

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Bookseller Code (06)

Tankers in Trouble

orwegian Shipping and the Crisis of the 1970s and 1980s

Stig Tenold

Liverpool University Press

Research in Maritime History LUP

  • This book analyses the causes and effects of the shipping market crisis in the 1970s and 1980s - the most severe of the twentieth century
  • The aim is to add to the knowledge of recent maritime history by examining the transformation of the industry during a period of rapid change
  • The overall conclusion is that shipping is a cyclical industry, and that the oversupply of ships produced during the 1970s took its toll toward the end of the century
  • By 2004 and 2005, however, the industry began to bounce back, offering hope for the future