THE RISE OF NATIONAL FLEETS
Developing nations' current merchant fleets bear little relationship with their involvement in international dry cargo seaborne movement. Over 40% of such trade originates from the developing countries, yet their total fleet is 7.5% of the world fleet in terms of gross registered tonnage and 6.8% in terms of deadweight tonnage. Lack of preinvestment cost studies has lead to building or buying ships that are not suited to the countries' needs. Flag discrimination practices are not always enforceable because ships are not available. The developing countries need help and assistance from experienced shipowners to develop viable fleets that can operate at a profit in world trade. Help is particularly needed in developing managerial and technical skills.
Drewry (HP) (Shipping Consultants) LimitedPalladium House, 1-4 Argyll Street
London W1V 1AD, England
- Publication Date: 1973-6
- Pagination: 37 p.
- Issue Number: 16
- TRT Terms: Economic development; Trade
- Old TRIS Terms: Trade development; Trade diversion
- Subject Areas: Economics; Marine Transportation;
- Accession Number: 00046453
- Record Type: Publication
- Source Agency: Drewry (HP) (Shipping Consultants) Limited
- Files: TRIS
- Created Date: Sep 18 1973 12:00AM