DECLINE IN SHIPBUILDING
DROP OF 20 PER CENT JN TWELVE MONTHS.
OIL BURNERS POPULAR
(Australian and N.Z. Gable..} (Received 8 a.m.) - LONDON, October 31
The annual report of Lloyd's register shows that the new tonnage classed by the Society during the year endc+J Juno 30 decreased by 2o per cent., compared with 1919-20. There hadi been such extensive reduction in the plans submitted to the Society in recent- months as to indicate an unprecedented slump in new tonnage. Fifty-eight per cent, of ships were fitttvj for oil burning, and for the first time in the Society's history moie oil burners than coal burners have been built.
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Bibliographic details
Waihi Daily Telegraph, Volume XIX, Issue 6362, 2 November 1921, Page 2
Word Count
106DECLINE IN SHIPBUILDING Waihi Daily Telegraph, Volume XIX, Issue 6362, 2 November 1921, Page 2
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