§ Rear-Admiral Morgan Gilesasked the President of the Board of Trade what is his estimate of the accumulated loss of earnings incurred by the four British ships being detained in the Suez Canal for the past 12 months.
§ Mr. J. P. W. MallalieuI understand that loss of earnings may amount to about half a million pounds.
§ Rear-Admiral Morgan Gilesasked the President of the Board of Trade whether the ships currently detained in the Suez Canal are insured partially or completely in London; and what is the total sum involved.
§ Mr. DellThe insurance against war risk perils in respect of the hulls of the four British vessels is underwritten entirely in the United Kingdom; the sum 49W involved is £4¼ million. The liability of British insurers in respect of the hulls of the remaining vessels is estimated at £7 million.