Chapter 1: The Problem Defined / 1
Chapter 2: High Water: The Pre-1914 Period / 11
Chapter 3: War and Reconstruction / 31
Chapter 4: The Troubled Years: The Interwar Period / 53
Chapter 5: Nationalism in Shipping in the Interwar Years / 83
Chapter 6: The Birth of the Liberty / 117
Chapter 7: The Prosperous Age: The Postwar Period / 135
Chapter 8: Enemies of Competition in the Postwar Years / 159
Chapter 9: Flags of Convenience / 177
Chapter 10: Economics of Shipping Enterprises / 197
Chapter 11: Shipowning and Resource Allocation / 223
Chapter 12: Labour Relations and Labour Costs (by Basil Mogridge) / 237
Chapter 13: The Conference System / 271
Chapter 14: The Structure of the British Industry / 301
Chapter 15: The Question Answered / 321
Epilogue: The Future / 339
Appendix: The Contribution of British Shipping to the Balance of Payments / 349
Bibliography / 353
Index / 357
Updated: June 9, 2010