SHIPPING AND SHIPBUILDING.
At the meeting held this week of Harland and Wolff, Limited, the Chairman, Lord Kylsant, was able to give a good account with regard to the affairs of Harland and Wolff theni- selves, the output from the yards during last year having been of a most satisfactory character, while the Accounts also showed a marked improvement. Lord Kylsant was also able to speak somewhat more hopefully with regard to the general shipping outlook. The company has important work in hand and is now, of course, rapidly completing the White Star Liner ' Britannic,' while there are orders for large motor liners for the Union-Castle Company's South African Mail Service, as well as vessels for the Compagnie Generale Transatlantique, the Silver Line and some others. " At the conclusion: of his speech Lord Kylsant said : " Notwithstanding the prolonged shipping depression, I have no doubt as to, the ultimate recovery of prosperity. Long experience encourages us to look for the inevitable revival, and probably sooner than many people
anticipate." * _ * * *
Previous page