Shipping Intelligence.

Poverty Bay Standard, Volume III, Issue 401, 20 September 1876, Page 2

Shipping Intelligence.

PORT OF POVERTY BAY. ARRIVALS. SEPTEMBER. 16— Rangatira. .Captain Tirana, from Napier and Wellington. Passengers— Mrs Browne and child, Messrs White. Mann, Campbell, Dewing, Whitaker. Kennedy, Hegarty troupe (8), and 4 natives. DEPARTURES. SEPTEMBER. 16—Rangatira. s.s:, Captain Evans, for Napier and Wellington. Passengers— Mi«s Harris, Messrs Campbell, Nash, Villers, Lubbock, and 2 natives. New Zealand as a Ship-buyer on the Clyde.—The Edinburgh correspondent of the Daily Times writes : —“ The Australasian colonies in general, and New Zealand in particular, seem to be getting their names up among the Clyde shipbuilders. About 60 gentlemen, most of them connected with the colonies in question, dined together at the Royal Hotel. Glasgow, on June 2, Sir James Fergusson occupying the chair. In the course of the evening, Mr J.Darling stated that no less than 16 steamers, representing a money value of £500.000, are at present being built on the Clyde for the Australasian colonies. Mr William Denny, of Dumbarton, in the course of a speech which he made, stated that two-thirds of the tonnage now building in his yard was for New Zealand, and.from the reports he heard from the colonies, he believed that the orders from thence would enable the shipbuilders to pass through the period of depression, the duration of which he calculated at another year and a half, after which there would be a return of prosperity. The depression had been caused, lie said, by the shipbuilders oversupplying the world with tonnage. Mr Denny’s views, it is stated, were fully endorsed by other gentlemen present. It was one of the 16 vessels above mentioned I suppose, which was launched at the yard of Messrs. T. Wingate and Co.. Whiteinch, on the 13th June, when she was christened the Koputai, by Mr Darling, to whose order she has been built. The Koputai is a tug steamer of 220 tons 8.M., with compound surface condensing disconnecting engines, of 120 horse-power, and patent floats. She has been built for towing purposes in New Zealand.”