SCAPA FLOW
UNPROFITABLE OPERATIONS Press Associs fcion —By Telegraph—Copyright. LONDON, December 30. (Received December 31, at 1.25 p.m.) A firm which has spent eight years in salvaging the ex-German fleet at the bottom of Scapa Flow is ceasing operations. The firm bought the salvage rights in 1923, and since then has raised thirty-two ex-German warships, including the 28,000-tonner Hindenburg. The whole of the operations cost £456,000, but the present value of the salvaged material shows r loss on the cost of the plant and labour. There are still a dozen German ships in Scapa Flow.
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Bibliographic details
Evening Star, Issue 20989, 31 December 1931, Page 12
Word Count
95SCAPA FLOW Evening Star, Issue 20989, 31 December 1931, Page 12
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