The author discusses how political and economic events in the decades following World War II affected the world's bulk shipping industry. During this relatively short time period, the industry went through fluctuating cycles of growth, stagnation and revival. The total tonnage of bulk handled grew to a peak of 340 million dwt in 1980, dropped to almost half that in 1985, then gradually moved up in the late 1980s to approximately 185 million dwt. To a large extent, the slowdown of the early 1980s was caused by the drastic oil price leaps decreed by the OPEC oil cartel. To a lesser extent, the unresponsive policies of government and classification societies also contributed to the industry's stagnation. For now, bulk shipping has stabilized and has even seen an upsurge in demand for the latest generation of bulk self-unloaders. The author concludes with suggestions on how the bulk shipping industry can continue to build on its recent successes and show steady growth in the coming decade.

  • Supplemental Notes:
    • Conference paper
  • Authors:
    • Gray, W A
  • Conference:
  • Publication Date: 0

Media Info

  • Pagination: 19p.

Subject/Index Terms

Filing Info

  • Accession Number: 00661646
  • Record Type: Publication
  • Source Agency: Maritime Technical Information Facility
  • Files: TRIS
  • Created Date: Jul 21 1994 12:00AM