WORLD'S SHIPPING.

Otago Witness, Issue 3475, 19 October 1920, Page 19

WORLD'S SHIPPING.

/ (By Cable). LONDON, October 13. Lloyd's annual report on the world's shipping as at the end of June shows -that 1319 new ships were classified during the year, the tonnage totalling 4,253,523, an increase .of 452,302 tons over the 1919 total. Of the tjast year's total 594 vessels, of a tonnage of 1,391,808, were built in the United Kingdom : 480 ships, with a tonnage of 1,930,705. were built in the United States; and 105 ships, with a tonnage of 571,129, were built in Japan. The vessels under construction total 4,930,430 tons. The large vessels lost during the war have not yet been replaced. There was a more urgent demand for general cargo-carriers, a striking increase being noted in the number of large vessels, the 56 under construction exceeding 10,000 tons each.

The report also notes that 426 ships, aggregating 1,995,788 tons, were fitted for burning oil fuel, compared with 211 ships of' 1,193,650 tons a year ago. The total numbers of vessels now classed at Lloyds are as follow:—British 5421, tonnage 11,885,932; other countries 4166. tonnage 13,132,988. The figures in 1914 were: British 6270, tonnage 13,782,899; other countries 4351, tonnage 10,087,765.