Risks and Rewards: The Business of Norwegian Shipping

  • Stig Tenold
Chapter

Abstract

Due to the volatility of freight rates and vessel values, shipping is generally considered an industry in which the risks of doing business are substantial.1 One reflection of this riskiness is the fact that fortunes can be made, and lost, extremely quickly in the shipping sector. This chapter discusses how shipowners in Norway, which for more than a century has been one of the world’s leading maritime nations, have dealt with the question of business risk in a historical perspective.

Keywords

Activity Risk Spot Market Shipping Industry Shipping Company Freight Rate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Notes

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© Stig Tenold 2012

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  • Stig Tenold

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