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SHIPBUILDING BOOM.

HAPPY POSITION IN BRITAIN. (British Official Wireless). Received Thursday, 5.5 p.m. RUGBY, July 14. Another substantial increase in the mercantile tonnage under construction in United Kingdom shipyards was shown in the return for the quarter ended June 30 issued by' Lloyds’ Register. The present total of 1,199,973 tons is an increase of 185,519 on that of the preceding quarter and is the highest quarterly total returned in the last seven years, Britain is building more tonnage than the aggregate now under construction in Germany, Japan, "United States and Holland, which are the four leading countries abroad. During the last three months British yards began work •on 367,698 tons of new merchant vessels, an increase of 114,205 tons compared with the previous quarter. The total tonnage now under construction in other countries is 1,682,887 tons, about 245,000 tons above the March figure. Leading countries are: Germany, 416,881 tons; Japan, 318,277; United ;States, 198,652; Holland, 188,464; Sweden, 138,720. Of the world’s total of 2,882,860 tons now under construction, British, shipyards are building 41.6 per cent.

: About 100,000 tons, equal to 8.3 per ■cent., of the> tonnage now building in British yards is intended for registration abroad or for sale.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HC19370716.2.34

Bibliographic details

Horowhenua Chronicle, 16 July 1937, Page 7

Word Count
199

SHIPBUILDING BOOM. Horowhenua Chronicle, 16 July 1937, Page 7

SHIPBUILDING BOOM. Horowhenua Chronicle, 16 July 1937, Page 7

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