SHIPBUILDING COSTS RISE
INCREASING PRICE OF STEEL
LONDON, February 12,
Mr Hector Bywater, writing in the "Daily Telegraph," states that the mounting costs of stee) are sending up the price of merchant tonnage. The prices for standard types of 'cargo ships are 30 per cent, higher than last year, and for liners from 35 to 40 per cent. There is every indication that the rise has not reached its peak. The large volume of Admiralty work is contributing to the increased costs. Skilled labour is short in most of the shipyards, which are fully occupied.
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Press, Volume LXXIII, Issue 22017, 15 February 1937, Page 7
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95SHIPBUILDING COSTS RISE Press, Volume LXXIII, Issue 22017, 15 February 1937, Page 7
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