Need of Further Commerce Growth in US Merchant Fleet
The United States should expand its merchant marine under sound laws to boost foreign commerce and national prosperity. British figures show shipping earnings may total about $2.2 billion this year, helping Britain creditors status as a net lender. The report notes rising tonnage and earnings as the merchant marine expands.
MENTIONED IN THIS ARTICLE
United States
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British Board of Trade
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Dunkers cost offset by charter money deduction
The report notes lower Dunkers cost offset by the inferred sbte for charter money, estimating earnings for the six months ending December 1 at 1.05 billion dollars versus 1.15 billion for the prior six months. Read The Banner for more news.
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