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A World View of Ship Operations in the 1980s
E. F. Lorentzen
Philosophical Transactions of the Royal Society of London. Series A, Mathematical and Physical Sciences
Vol. 273, No. 1231, A Discussion on Ship Technology in the 1980's (Sep. 5, 1972), pp. 23-34
Published by: Royal Society
Stable URL: http://www.jstor.org/stable/74058
Page Count: 12
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Future ship operations on a global basis will be based on the increase in world trade and the accompanying changes in its structure. These trends will be influenced by international trade and currency policies and by the greater industrialization in the developing countries. Such regional changes will have a marked impact on the demand for highly specialized ships manned by crews of high educational standards and operated by companies as part of integrated transportation systems. Depending largely on the development of regional trade blocks and flag discrimination, shipping companies will become increasingly international and form cooperations with greater resources than those available in the transportation industry today. The pattern of shipbuilding financing may undergo drastic changes depending on national policies regarding preservation of the shipbuilding industries and the balance of demand and capacity. Rapid changes may lead to great difficulties in a transportation market with ships operating under very different financial conditions. Major problems of recruitment and the safety of ships and their environment will have to be solved, putting additional emphasis on the need for a well planned and operated transportation system in the future.
Philosophical Transactions of the Royal Society of London. Series A, Mathematical and Physical Sciences © 1972 Royal Society