Amazing Recovery
GERMAN SHIPPING LINES
4 FTER the war, the Nord Deutscher Lloyd issued a statement that it had been robbed of every ocean-going steamer, and was hack to the position it occupied in 1857. The company’s tonnage at present is 840,000, and that of the HamburgAmerica Line 1,023,000. _ _ German competition with British
Illuminating Figures
By Cable. —Press Association. — Copyright. Received 9.5 a.m. BERLIN, Thursday. FIGURES have been issued showing the amazing post-war recovery of the German mercantile marine. The tonnage before the war was 5,480,000; in 1921 it was only 717,000; and it is now 3,500,000.
tonnage is facilitated because all the ships are new, and the British ships are chiefly over ten years old. Further impetus will be given to German shipping when sequestered ships held by the United States are released or indemnified. The German valuation of these ships is £16,000,000, and the American valuation £6,750,000. —A. and N.Z.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/SUNAK19271230.2.7
Bibliographic details
Sun (Auckland), Volume I, Issue 240, 30 December 1927, Page 1
Word Count
152Amazing Recovery Sun (Auckland), Volume I, Issue 240, 30 December 1927, Page 1
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