£1,000,000 TOO HIGH
TENDER FOR TWO LINERS
(Received July 30, 2.15 p.m.)
LONDON, July 29
The "Daily Mail" says that British shipyards lost a tender for two transPacific liners because they were £1,000,000 too high. It is stated that the tenders received totalled £4,000,000, which under normal conditions should be no more than £3,000,000. This bears out builders' assertions that rising costs do not enable them to tender at prices economic to owners.
Shipbuilders declare that the main hope for the building of cheaper ships in the near future lies in some form of Government help.
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Bibliographic details
Evening Post, Volume CXXVI, Issue 26, 30 July 1938, Page 10
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96£1,000,000 TOO HIGH Evening Post, Volume CXXVI, Issue 26, 30 July 1938, Page 10
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