SHIPBUILDING INDUSTRY

Otago Daily Times, Issue 22720, 5 November 1935, Page 9

SHIPBUILDING INDUSTRY

GREATER ACTIVITY REPORTED SUBSTANTIAL ORDERS PLACED i (British Official Wireless) (United Press Association) (By Electric Telegraph—Copyright) RUGBY, November 2. (Received Nov. 4, at 5.5 p.m.) Greater activity in shipbuilding is reported. Last month orders were placed for 43 vessels, of which 32 are for British owners. Out of 275,000 tons gross, 154.000 are for motor ships and 121,000 for steamers. It is expected that further substantial orders will be placed in the near future, for, although ships of nearly 800.000 tons gross are still laid up in Britain, some 1,300,000 tons of the existing mercantile fleet is over 25 years old. Naval work has brought orders to Tyneside estimated at over £7,000,000 in the last month. One yard has secured contracts for two destroyers and one cruiser, which will keep it occupied for more than two years and give employment to 2000 men. The yards at Sunderland have received six new contracts in six days, including one for two 4000-ton colliers and one for three 9300-ton motor ships. SCRAPPING OF SHIPS LONDON, November 3. (Received Nov. 4, at 9 p.m.) The Daily Mail understands that the Cnnard-White Star Company is contemplating scrapping three more ships with an aggregate tonnage to compensate for the commissioning of the Queen Mary.