| International Journal of Maritime History
Review of Stig Tenold's Tankers in Trouble
In "Tankers in Trouble," Stig Tenold looks at the experience of the Norwegian shipping industry during the 1970s and 1980s, specifically of those companies active in the tanker business. The review discusses some complementary insights that can be gained from applying Michael Porter's cluster framework to the analysis of Norwegian shipping and the crisis of the 1970s and 1980s. It shows how the cluster perspective contributes to the understanding of why Norwegian shipping was so strong in the first place, it helps to distinguish whether the Norwegian crisis of the 1970s and 1980s was mainly demand or supply driven, and it can explain the drivers of the resurgence of Norwegian shipping in the 1990s and 2000s.
Keywords: Experience and Expertise;
Management Analysis, Tools, and Techniques;
Demand and Consumers;