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Boom, Crisis and Internationalized Revitalization: Norwegian Shipping

In: Global Shipping in Small Nations

Author

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  • Stig Tenold

Abstract

The development of Norwegian shipping in the period from 1960 until today has gone through three distinct phases. Massive expansion in the pre-1973 period was followed by decline during the shipping crises of the 1970s and 1980s. The country’s shipping industry was revitalized after 1987, following the introduction of the Norwegian International Ship Register. Although the sector has changed tremendously over the period, as a result of innovation, diversification and an increase in internationally sourced factors of production, it remains the case that many of the current service providers have deep roots and long-standing experience within the industry.

Suggested Citation

  • Stig Tenold, 2012. "Boom, Crisis and Internationalized Revitalization: Norwegian Shipping," Palgrave Macmillan Books, in: Stig Tenold & Martin Jes Iversen & Even Lange (ed.), Global Shipping in Small Nations, chapter 2, pages 26-60, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36352-6_2
    DOI: 10.1057/9780230363526_2
    as

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