The First World War: The Neutral Ally
Stig Tenold
Chapter 3 in Norwegian Shipping in the 20th Century, 2019, pp 63-89 from Palgrave Macmillan
Abstract:
Abstract The high demand for seaborne transport during the First World War, combined with Norwegian neutrality, created a boom for Norwegian shipping. Although Norway was neutral, the country had to balance the need to keep supply lines from Great Britain open, without angering the Germans too much. Freight rates increased enormously, ship prices and share prices followed suit, and there was a speculative fever in Norwegian shipping. Norway lost large amounts of ships and seafarers to German submarine warfare. Tenold contrasts the dramatic conditions affecting Norwegian seafarers during the First World War with the boom and increasing inequality at home in Norway.
Keywords: Norway; Norwegian; Shipping; The First World War; First World War; Neutrality; Freight rates; Losses; Jobbetid (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psmchp:978-3-319-95639-8_3
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DOI: 10.1007/978-3-319-95639-8_3
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