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This work is a reprint of a 1962 book, British Shipping and World Competition, by maritime economist Dr S. G. Sturmey. It seeks to explain why the tonnage of ships registered in the United Kingdom declined from forty-five percent of the world total in 1900, to sixteen percent by 1960. It presents four possible answers and proceeds to examine them in detail: changes in approaches to competition resulting in changes to the economic structure of the industry; international interference in competitive structures; unrelated factors, such as government policies that didn’t directly concern shipping but still caused an impact; and the internal actions within British shipping relating to changes i...
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