BRITISH SHIPYARDS
EXCESSIVE CAPACITY!
RESULT OF POST.WAR BOOM
LONDON, ISth April. Commenting on the parlous condl« tion of the ship-building industry, dis* closed by Lloyd's returns, tha "Statist" points out the fact that shipyards with a productive capacity; of 'more than 3,000,000 tons, have work in hand amounting to under 700,008 tons. , . This means that only ono berth out of four is occupied with vessels undef construction. \ ' : It is abundantly clear that this capacity to build more than 3,000,000 tons is wholly excessive and a sheer' waste, for, since- 1922, there never ha» been more than 1,600,000 tons of ship-' ping on hand in the yards. "Is an.estimated capacity of 1,500,000, tons of new shipping annually adequate for present-day requirements t, The simple fact is that, ship-building ii handicapped by the extraordinary de« velopment of the post-war boom from 1919 to 1922, when the industry ross to heights of production, "That promptly saved British shipping from disaster, but it is never likely 'to be required again unless tha world experiences another war of likir character."
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https://paperspast.natlib.govt.nz/newspapers/EP19310420.2.70
Bibliographic details
Evening Post, Volume CXI, Issue 92, 20 April 1931, Page 7
Word Count
175BRITISH SHIPYARDS Evening Post, Volume CXI, Issue 92, 20 April 1931, Page 7
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