WORLD SHIPBUILDING.
ITALY IN THE LEAD. THREE MONTHS' FIGURES. POSITION OF BRITAIN. (By Cable—Press Association.—Copyright.) (Received 12.30 p.m.) LONDON, January 12. Further declines in British shipbuilding are revealed in Lloyd's return for the three months ended December 31, 1925. The tonnage under construction was 885,000, which is 124,000 below the previous three months and 412,000 below the previous year. The present situation is a record in low level since September, 1009. Italy for the first time has taken the lead in foreign shipbuilding, and is at present constructing 309,000 tons of the total world's tonnage of 2,069,000 on the stocks. Internal combustion engine ships, with 1,007,000 tons, are overtaking steamers, which total 1,041,000 tons.—(Reuter.)
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Auckland Star, Volume LVII, Issue 10, 13 January 1926, Page 7
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114WORLD SHIPBUILDING. Auckland Star, Volume LVII, Issue 10, 13 January 1926, Page 7
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