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WAR SHIPPING

BRITISH OPERATIONS

MINISTER'S FINAL. FIGURES.

(ONITBD PRESS .ASSOCIATION.—COPTMOHT.)

(AUSTRALIAN - NEW ZCAUND (?AiL> ASSOCIATION.)

(Received February 18.. 9 a.m.)

LONDON, 17th February. The final figures of the—Ministry of Shipping show that the total cost of ships built in the United Kingdom was 56j million. These were soM for 17i million. Ships built abroad cost 27 million, and were sold for 18£ million. The use of vessels for the carriage of troops and goods saved the country 27 .million. The total turnover of the "Ministry was a thousand million; At the crisis of,the war, the Ministry controlled three-quarters oi the world's shipping. \Vheii the U-boats menace was most severe the Controller ordered 821 vessels, and 225 were completed before the armistice. Of the remainder, 126 wtro cancelled at a cost of half a million, and 279 transferred to private owners without loss.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19210218.2.46

Bibliographic details

Evening Post, Volume CI, Issue 42, 18 February 1921, Page 7

Word Count
142

WAR SHIPPING Evening Post, Volume CI, Issue 42, 18 February 1921, Page 7

WAR SHIPPING Evening Post, Volume CI, Issue 42, 18 February 1921, Page 7