BUILDING NEW SHIPS.
MARKED BRITISH ACTIVITY. DECREASE IN WORLD’S OUTPUT. By Telegraph.—Press Assn.—Copyright.' Received Jan- &5, 9.25 p.m. London, Jan. 24. Figures given in Lloyd’s Register of vessels launched in 1920 shows the highest tonnage recorded, viz., 618 merchant vessels exceeding one hundred tons, and totalling 2,055,624 tons. The world’s output was 5,861,666 tons, of which the British percentage was ?/5, compared with 22 2-3 per cent, in .1919 and 58 per cent, in 1913. The decrease in the world’s output is entirely due to the decrease in the United States. Other countries combined show a small increase. The Register remarks that in view of the increasing tonnage, high production costs and low freights a/e causing a check, which may prove the beginning of a serious decline in shipbuilding.— Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 26 January 1921, Page 5
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132BUILDING NEW SHIPS. Taranaki Daily News, 26 January 1921, Page 5
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