§ Mr. Strauss
asked the Paymaster-General how many ore-carrying ships and of what tonnage are now owned by,the Iron and Steel Federation for carrying ore to the iron and steel industry; when they were ordered; and when they came into service.
§ Sir I. Horobin
The British Iron and Steel Federation does not itself own ships but its wholly owned subsidiary, the British Iron and Steel Corporation (Ore) Ltd., which arranges the chartering of ships, has a financial interest in seven companies formed to buy and operate ore carriers. The companies have ordered a total of 31 ships. Thirteen of them—7 of 14-16,000 tons and 6 of 8-9,000—have come into service at varying dates since March, 1954, and the remaining 18, all of 14-16,000 tons, are expected to be in service by 1962.