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Finnish Shipping — A Nordic Exception?

In: Global Shipping in Small Nations

Author

Listed:
  • Jari Ojala

    (University of Jyväskylä)

  • Yrjö Kaukiainen

    (University of Helsinki)

Abstract

The Finnish economy has for centuries been dependent on seaborne transport. In some periods, such as the mid-nineteenth century and the 1970s, Finland also emerged as an important shipping nation in international cross-trades. In the mid-1970s, Finnish tonnage was the sixth largest in the world in per capita terms — just after the Scandinavian countries (Karonen, 1992; Kaukiainen, 2008b). Nevertheless, compared to the other Nordic countries, it was a minor player in international shipping and, subsequently, it has fallen even further behind. In 1987, for example, the freight earnings of Finnish shipping were about one-fifth of those of Norway and about one-third of those of Denmark and Sweden (Ojala and Saarto, 1992, p. 27).

Suggested Citation

  • Jari Ojala & Yrjö Kaukiainen, 2012. "Finnish Shipping — A Nordic Exception?," Palgrave Macmillan Books, in: Stig Tenold & Martin Jes Iversen & Even Lange (ed.), Global Shipping in Small Nations, chapter 5, pages 129-155, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36352-6_5
    DOI: 10.1057/9780230363526_5
    as

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