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Scandinavian American
Seattle, King County, Washington
What is this article about?
In 1951, Sweden's shipping and shipbuilding thrived, with merchant marine earnings projected at record 1,300 million kronor. Sweden ranked second globally in ship tonnage (1.5 million tons, 11.5% share), fleet grew to 2.29 million tons.
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Swedish shipping and shipbuilding enjoyed an exceptionally good year in 1951. The gross earnings of the Swedish merchant marine are expected to reach the record total of 1,300 million kronor.
According to the latest quarterly statistics of the Shipbuilders' Council of America, Sweden remains the second nation in the world in regard to tonnage building and on order. The Swedish figure is 1.5 million gross tons, which means that the country's share in the world total is 11.5 per cent. At the end of 1951, Sweden's own merchant fleet aggregated about 2,290,000 tons, or nearly 200,000 tons more than the year before.
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Where did it happen?
Foreign News Details
Primary Location
Sweden
Event Date
1951
Outcome
gross earnings of swedish merchant marine expected to reach record 1,300 million kronor. sweden second in world shipbuilding with 1.5 million gross tons (11.5% world share). merchant fleet at end of 1951: 2,290,000 tons, up nearly 200,000 tons from previous year.
Event Details
Swedish shipping and shipbuilding had an exceptionally good year in 1951. According to Shipbuilders' Council of America quarterly statistics, Sweden remains second globally in tonnage building and on order.