SHIPBUIDING
WORLD-WIDE IMPROVEMENT
BIG INCREASE IN TANKER CONSTRUCTION ,
London, January 8.
Lloyd’s shipbuilding returns for the quarter ended December 31 show a world-wide improvement in the ' shipbuilding world, the figures being 3,118,721 tons. The figures for Britain and Ireland are .double those in December, 1926, namely, 1,579,713 tons, now building, of which over 200,000 tons will be registered in the Dominions. Germany is building 472,295 tons, and Italy, Holland, France, and Sweden over 100,000 tons, but in no country is the tonnage commenced during the quarter sufficient ,to replace the tonnage launched.
There is a remarkable increase in tanker construction, which represents nearly'24 per cent, of the total world tonnage under construction.
Shipowners are more and more favouring motor-ships, which represent 41 per cent, of the total building. Britain and Ireland have over 62 per cent, of the total.
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Dominion, Volume 21, Issue 86, 10 January 1928, Page 9
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139SHIPBUIDING Dominion, Volume 21, Issue 86, 10 January 1928, Page 9
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