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The Starting Point: A Small Country, but a Major Maritime Nation

In: Norwegian Shipping in the 20th Century

Author

Listed:
  • Stig Tenold

    (NHH – Norwegian School of Economics)

Abstract

At the start of the 20th century Norway had the fourth largest merchant fleet in the world. The fleet served customers all over the world. Tenold uses three elements to explain the strong Norwegian position in global shipping in 1900: geography, history and culture. Norway has Europe’s longest coastline, and depends on the sea for transport and resources. Experience of difficult local waters was important when the oceans were liberalized after 1850. Norway’s maritime traditions, helped by a trust-based and egalitarian culture, channelled large investments into shipping through part ownerships [partsrederier].

Suggested Citation

  • Stig Tenold, 2019. "The Starting Point: A Small Country, but a Major Maritime Nation," Palgrave Studies in Maritime Economics, in: Norwegian Shipping in the 20th Century, chapter 2, pages 21-61, Palgrave Macmillan.
    • Handle: RePEc:pal:psmchp:978-3-319-95639-8_2
    DOI: 10.1007/978-3-319-95639-8_2
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