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Revision as of 10:37, June 28, 2015
Ship economics
Editorial history
Created 01/06/2015 by CSG
Contents
Context
Ship burden: data from English Admiralty Court records
UP LOAD IMAGE
Overview of ship economics sources
Deposition books
HCA 13/70
HCA 13/71
HCA 13/72
HCA 13/73
Sentence bundles: schedules
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Instance Papers: schedules
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Overview of document types as ship economics sources
Ship bills of sale
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Single voyage accounts
Canary Islands
East Sussex Record Office: Archives of the Frewen Family of Brickwall in Northiam [FRE/1 - FRE/1126]: Personal [no ref. or date]: Account books [no ref. or date]: Account book of Benjamin Frewen and Stephen Frewen FRE/521 1632-1679: Accounts ledger of the ship Tenerife FRE/522 (?1646)-1656. 81 paper folios between limp parchment covers. John Turner owned two sixteenth parts of the ship; the ledger was propably compiled by John's brother Richard whilst on board during the overseas trips.
East Indies
Richard Abdy account book, 1657-1659
Mediterranean
Daniell Gates account book for the voyage of the Leghorne Merchant into the Streights, 1668/69
The Accompts of the Shipp Undertaker to the 24:th of ffebruary 1656: Date: Exhibited by M:r Smith June 2nd 1657
West Africa
Voyage accounts of the Constant Ruth, August and September 1652
Ship accounts for multiple voyages
Accounts of the ship the Charles of Bristol, beginning June 20th 1655[1]
Accounts of the ship the Constant Mary, 1654[2]
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Merchants accounts
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Shipwrights accounts
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Charter parties
SEE: Listing of charter parties
SEE: Charter party of the William, Nov 1667[3]
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Ship inventories of goods
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Ship valuations or inventories
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Wage schedules
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Capital costs
Hull: materials
- Timber
- Metal
- Quantities?
- Cost/measure?
- Material quantities per ton burden built?
Hull: labour
- Master ship carpenter
- Ships carpenters
- Other labour
- Man/hours?
- Cost per man/hour?
- Rule of thumb labour input costs per ton burden built?
- Economies of scale?
Fitting out: materials
- Rigging
- Pulleys
- Metal fittings
- Sails
Fitting out: labour
- Ropemakers
- Sail makers
- Pulley makers
- Other
Operating costs
Wear & tear
- Wear and tear costs (as estimated by owners and/or ship masters)
- Maintenance costs (as estimated by owners and/or ship masters, or as evidenced in ship account books)
Freight lease costs
- Monthly costs as agreed in Charter Party
Crew labour costs
- Monthly wages
- ?Additional payments
Victualling costs
- Food and drink
Port costs
- Entry and Exit charges at port
- Other port related charges
Cost of capital in market place
Bottomry bonds
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Borrowing from crew members
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Deposit rates with City of London
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Returns on single voyages
HCA data on returns
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Return to the ship owner
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Return to the freighter(s)
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Return to ship master
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Return to the crew (labour)
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Returns on a ship per annum or other period
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Riskiness of returns
C17th concepts of risk and return
- Quantum invested ("stock", "adventure")?
- Beginning and end of an investment determing period over which return estimated or calculated?
- Different expected returns on different asset classes?
- Expected return for a given geographical route and/or commodity type?
- Opportunity cost?
- Portfolio thinking?
Suggested reading
Barker, The rise of an early modern shipping industry: Whitby's golden fleet, 1600-1750 (Woodbridge, 2011)
Barbour, V., 'Marine risks and insurance in the seventeenth century', Journal of Economic and Business History. I (1929)
Barbour, V., 'Dutch and English merchant shipping in the seventeenth century', Economic History Review, II (1930)
Davis, R., 'The organisation and finance of the English shipping industry in the late seventeenth century' (London PhD, 1955)
Davis, R., 'Merchant shipping in th eeconomy of the late 17th century', Economic History Review, IX (1996)
Davis, R., 'Earnings of capital in the English shipping industry, 1670-1730', Journal of Economic History', XVII (1957)
Davis, Ralph, The rise of the shipping industry of the seventeenth and eighteenth centuries (London, 1962)
Fury, Cheryl A. (ed.), The social history of English seamen, 1485-1649 (Woodbridge, 2012)
Grassby, Richard, Kinship and capitalism (Cambridge, 2001)
Grassby, Richard, The business community of seventeenth-century England (Cambridge, 2002)
Grassby, Richard, The idea of capitalism before the industrial revolution (London, 1999)
Jones, Evan Thomas, 'The Bristol shipping industry in the sixteenth century', (Edinburgh PhD, 1998)
North, D.C., 'Sources of productivity change in ocean shipping, 1600-1850', Journal of Political Economy, LXXVI (1958)
Scammell, G.V., 'Shipowning in England, c.1450-1550', Transactions of the Royal Historical Society, XII (1962)
Scammell, G.V., 'Shipowning in the econmy and politics of early modern England', The Historical Journal, vol. 15, issue 03, Sept. 1972, pp. 385-407
Stephenson, Judy, 'Industrial organisation in 17th century London building trades and institutions', unpublished seminar paper, Dec. 10th 2014
Ville, Simon P., English ship owning during the industrial revolution: Michael Henley and son, London shipowners, 1770-1830 (Manchester, 1987)
Ville, Simon, 'The growth of specialisation in English shipowning, 1750-1850', Economic History Review, XLVI, 4 (1993), pp. 702-711
- ↑ HCA 24/113 item 97
- ↑ HCA 24/113 item 153
- ↑ C6/36/21 f. 3
