LINER LOSSES
NET REDUCTION 20 PER CENT. ■-. SINCE WAR BEGAN. ■An - important report was recently prepared by . Liverpool Steamship Owners', Association dealing with the question of the liner services. Since August 5,- 1914, of the liner tonnage entered iii the association, there has been withdrawn: • Ships. Tonnage. Sold (mostly to Govt.) ... 41 251,145 Marine' losses & 174,359 ' War- losses ;....: 231 1,465,546 •.'•''. liost,.' ...» -. 305 1,890,550 ' New vessels added 131 946,532 Net loss ........./174 944,019 The net loss in liner'tonnage since August- 5, 1914, represented 20 per cent. Under'peace conditions liner tonnage, ■to keep pace with normal growth, in- oversea trade, should have increased during the last three years by-not less'than 10 per cent.- Thus, if peace were, re-established next year, liner-tonnage of the United Kingdom must br* insufficient to meet the demands that would be made upon it to enable -the overseas communications of the United Kingdom to bo re-establish-ed.. The probable shortage would-not be. less than 30 per cent.
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Dominion, Volume 11, Issue 102, 23 January 1918, Page 7
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158LINER LOSSES Dominion, Volume 11, Issue 102, 23 January 1918, Page 7
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