 | United States. Congress. Senate. Interstate and Foreign Affairs - 1954 - 118 pages
...adverse conditions then prevailing, and to emerge from them with an efficient fleet. SALE OF OLD VESSELS The British policy of replacement had one characteristic...shipping was ill served by allowing its older shipping to cross the trade routes under competing colors. They sold their old ships for scrap prices which involved... | |
 | United States. Congress. Senate. Committee on Commerce - 1954 - 1164 pages
...adverse conditions then prevailing, and to emerge from them with an efficient fleet. SALE OP OLD VESSELS The British policy of replacement had one characteristic...shipping was ill served by allowing its older shipping to cross the trade routes under competing colors. They sold their old ships for scrap prices which involved... | |
 | United States. Congress. House. Committee on Armed Services - Legislative hearings - 1062 pages
...adverse conditions then prevailing, and to emerge from them with an efficient fleet. BALE OF OLD VESSELS "The British policy of replacement had one characteristic...foreign vessels, notably those under the Greek flag, eoula be operated at a lower running cost than the British. This advantage, added to that of low capital... | |
 | Legislative hearings - 964 pages
...emerge from them with an efficient fleet. SALE OF OLD VESSELS "The British policy of replacement haci one characteristic which, the opinion is held in many...foreign vessels, notably those under the Greek flag, coula be operated at a lower running cost than the British. This advantage, added to that of low capital... | |
| |
The British policy of replacement had one characteristic which, the opinion is held in many quarters, added to the owners' difficulties in times when tonnage was in excess of demand. They sold their old vessels, mostly to foreign buyers, in order to raise... 