GERMAN SHIPPING.
REVIVAL OF HAMBURG
LONDON, July 3. At a time when'4,ooo,ooo tons of British shipping is lying idle as a result of the industrial slump, it is significant that German ports show no such stagnation. In commenting on tho challenge of Germany's industrial recovery, the shipping journal Syren and Shipping says; "Some of the members of the Liverpool Steamship Owners' Association, who havo recently studied Hamburg conditions on the spot, wero impressed by the rapid strides which that. port is making in tho resumption of shipping business. This progress Js, of course, tho sequel to . industrial ■ activity throughout the whole country- Itis recognised in Hamburg and, we presume, throughout. Germany, thafl strikes must be taboo if reconstruction is not to be seriously retarded. Tho entrances and clearances in th« overseas trade, which totalled 1,900,000 not tons in 1919, rose, to nearly 7,000,000 tons last year. Formerly 60 per cent, of < •Hamburg's foreign trade was in German botr toms, while the. British share, was half as much. Now, on a,tr,ado which sunk to less than of the 1913 we r) can.; • only claim 21 per cent.,,, the Americans heading us by 2 < per cent, y and tho Germans by 3 percent.,' - "
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Bibliographic details
Thames Star, Volume LVII, Issue 14741, 22 August 1921, Page 4
Word Count
201GERMAN SHIPPING. Thames Star, Volume LVII, Issue 14741, 22 August 1921, Page 4
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