SHIPPING SLUMP
IDLE TONNAGE IN BRITAIN. AMERICA’S POSITION WORSE. Pr« 8« Association—By Telegraph—Copyright LONDON, March 26. There are now over 2,000,000 tons of shipping (British ana foreign) lying idle in 36 of the principal ports of the United Kingdom, of which 1,900,000 tons are British. Altogether 2,250,000 tons of British shipping is unemployed out of a total of 18,000,000 tons. The position of American shipping is worse, 5,000,000 tons of Stateowned shipping out of a total of 12,500,000 tons being idle, in addition to a large amount of privately-owned ships.—A. and’ N.Z. Cable.
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Bibliographic details
Otago Daily Times, Issue 18515, 28 March 1922, Page 5
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93SHIPPING SLUMP Otago Daily Times, Issue 18515, 28 March 1922, Page 5
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