FLEETS OF IDLE TRAMPS.
WORLD SHIPPING SLUMP. CONGESTION IN HOME PORTS. (Hcr-cived 0 a.m.) LONDON", January 25. So many tramp ntearners are laid up in British ports tliirt it is almost impossible to secure berths. Similar conditions exist at Antwerp and other Continental ports. The •• Journal of Commerce" states tliat the total tonnage laid up in the world is between 4,000,000 and 5,000,000. —(A. and N.Z. Cable.) SERIOUS TIME AHEAD. LONDON, January 25. Vessels launched from British yards in 1920 represent the highest tonnage of new shipping recorded in a single year. Figures published in ''Lloyd's Register" shew that GIS merchant vessels of 100 tons or over were launched, representing a total tonnage of 2,055,624 tone. The world's output in 1020 was 5,801,660 tone, the British percentage being 35, compared with 22 2-3 in 1919, and 58 in 1913. The decrcaw in the world's output is entirely due to the decline in the United States. The output of other countries, combined, show a small increase. '•Lloyd's Register' , remarks that the mounting costs of production and low freights are causing a check which may prove the beginning of a serious decline in shipbuilding.— (A. and N.Z. Cable.)
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Auckland Star, Volume LII, Issue 22, 26 January 1921, Page 5
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196FLEETS OF IDLE TRAMPS. Auckland Star, Volume LII, Issue 22, 26 January 1921, Page 5
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