Word: deadweight
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...vessel in long tons (2,240 lb.). Gross tonnage is the entire internal cubic capacity of a vessel, with each 100 cubic feet calculated to represent one ton. While it is difficult to compare the two measurements, gross tonnage is usually computed as roughly one-third less than deadweight tonnage, e.g., Liberty ships have a dead weight of 10,800 tons, gross weight of 7,100 tons...
...first real attempt to tell the score in the fog-shrouded Battle of the Atlantic, the committee had revealed this shocking fact: 1,000,000 deadweight tons of shipping were sent to the bottom monthly in '42, the losses outweighing new U.S. and British construction. Knox's tart retort that the committee's figures were compiled from "unauthorized and uninformed sources" was reassuring to the nation...
Landlubbers were reassured again. Put that way, the loss did not sound nearly as bad as the 12,000,000 deadweight tons trumpeted by the Truman Committee. But old salts were troubled. Why was the net loss given in gross tons when the U.S. Maritime Commission computes new ship construction in deadweight tonnage?* Was the Navy totting up ship construction in deadweight tons, totting up losses in gross tons, thus netting a fictitious bookkeeping profit on every deal? Or was gross tonnage chosen because sinkings could be represented by a smaller figure? Knox was silent...
...fact that the submarine was still a grave menace, and escorted their convoys more heavily. But after the fall of France, when the U-boats had bases along the entire west coast of Europe, the wolf-pack system raised hob with Allied shipping. Of some 57,600,000 total deadweight tons of British shipping, U-boats sank at least 17,600,000 tons in three and a half years. Working in the Nazis' favor was the vast demand on Allied shipping for the supply of many distant war theaters, a list in which Britain herself...
Eighty-one new merchant ships (890,700 deadweight tons) were delivered by U.S. yards in October. This was twelve ships under the record September output, leaves shipbuilders with the nearly impossible task of producing two million tons more by year's end if they are to achieve their goal of eight million tons in 1942. Explaining the sag in October output, the Maritime Commission laid the cause to "diversion of a considerable amount of the merchant shipbuilding capacity to emergency construction of special craft for the armed forces...