Word: deadweighted
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Dates: during 1940-1949
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Many a U.S. shipper these days is like a captain nervously watching his barometer drop to hurricane level. Shippers know that at war's end the U.S. may have quadrupled its prewar fleet to a thumping 50,000,000 deadweight tons, most of it Government-owned, enough to founder private shippers if unwisely used. What will happen to this vast tonnage...
Merchant Vessels: Work actually done TIME, August 9, 1943 was up 11% but ship deliveries were down about 100,000 deadweight tons from the May record. But "the 1943 objective . . . will in all likelihood...
...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...
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...