THE SUNKEN FLEET
SALVAGE TO CEASE
WORK UNPROFITABLE
(Received 31st December, 2 p.m.) LONDON, 30th December. . The firm which spent eight yeari salvaging tho ex-German. Fleet from tho bottom of Seapa Flow is ceasing operations. Tho firm bought the salvage rights in 1923, and has since raised thirty-two ex-German warships, including the 28,000 ton battleship Hindenburg. "The whole operations cost £456,000, but the present value of tho salvaged material shows a loss on the cost of the plant and labour. There are still a dozen large Gerinaa ships at the bottom of Scapa Flow.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19311231.2.78.3
Bibliographic details
Evening Post, Volume CXII, Issue 157, 31 December 1931, Page 8
Word Count
94THE SUNKEN FLEET Evening Post, Volume CXII, Issue 157, 31 December 1931, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in