British Shipping Losses
In the May issue of the Fortnightly Review of London appears the following analysis of the gains and losses of the British merchant navy since the outbreak of the war:
| 1914 (August to December.) | |||
|---|---|---|---|
| Tons. | Tons. | ||
| Built | 675,010 | Total losses | 468,728 |
| Captured from enemy | 753,500 | Total gains | 1,429,110 |
| ————— | ————— | ||
| Total gains. | 1,429,110 | Balance | +960,382 |
| 1915. | |||
| Built | 650,919 | Total losses | 1,103,379 |
| Captured from enemy | 11,500 | Total gains | 662,419 |
| ————— | ————— | ||
| Total gains. | 662,419 | Balance in 1915 | -440,000 |
| Brought down from 1914 | +960,382 | ||
| ————— | |||
| Balance at end of 1915 | +519,422 | ||
| 1916. | |||
| Built | 541,552 | Total losses | 1,497,848 |
| Captured from enemy | 3,500 | Total gains | 545,052 |
| ————— | ————— | ||
| Total gains. | 545,052 | Balance in 1916 | -952,796 |
| Brought down from 1915 | +519,422 | ||
| ————— | |||
| Balance at end of 1916 | -433,374 | ||
| 1917. | |||
| Built | 1,163,474 | Total losses | 4,000,537 |
| Captured from enemy | 11,500 | Total gains | 1,174,974 |
| ————— | ————— | ||
| Total gains | 1,174,974 | Balance in1917 | -2,834,563 |
| Brought down from 1916 | -433,374 | ||
| ————— | |||
| Balance at end of 1917 | -3,267,937 | ||
During the first three months of 1918 the net losses were 367,296 tons; 320,280 tons were built and 687,576 were lost, bringing the adverse balance on April 1, 1918, to 3,635,233 tons.