SHIPBUILDING IN BRITAIN
LLOYDS’S RETURN. DECLINE REVEALED. (Press Associatlon —By Telegraph—Copyright.) LONDON, January 12. A further decline in British shipbuilding is revealed in Lloyds’s return for the three months ended December 31. The tonnage under construction (was 885,000, which was 124.000 below the previous three months, and 412,000 below the previous year. The present situation is a record low level. Since September 1909, Italy, for the first time, has taken the lead in foreign shipbuilding, and is at present constructing 309,000 tons of the total of the world’s tonnage of 2,069,000 on the stocks. Internal combustion engine ships with 1.014.000 tons are overtaking the steamers which total 1,CW1,000 tons. —Reuter.
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Otago Daily Times, Issue 19687, 14 January 1926, Page 9
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110SHIPBUILDING IN BRITAIN Otago Daily Times, Issue 19687, 14 January 1926, Page 9
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