SHIPBUILDING INDUSTRY
EFFECT OF DEPRESSION CONSTRUCTION AT.LOW EBB. LONDON, October 11. The disastrous effects of the world depression on shipbuilding are strikingly revealed in Lloyd’s returns for the quarter ended September 30. There were 901,007 tons under construction in the world on that date, of which 238,433 tons were in the United Kingdom—the lowest ever recorded —and 062,034 abroad —the lowest since 1911. Moreover, the British figures include 150,000 tons on which work is suspended, half being represented by the giant Cunarder. Another striking feature is the tonnage' of motor ships being built abroad (385,060). This exceeds the steam tonnage (277,574), whereas only 24,984 tons were being built in the United Kingdom, compared with 212,849 tens of steam ships.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19321013.2.76
Bibliographic details
Otago Daily Times, Issue 21774, 13 October 1932, Page 9
Word Count
119SHIPBUILDING INDUSTRY Otago Daily Times, Issue 21774, 13 October 1932, Page 9
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.