The heavy shipping losses incurred by Great Britain and efforts to replace these with American boats have caused renewed strength in charter rates after a slump during the summer, While rates vary for different types of charter, one representative rates is now reported at about $5 a deadweight ton per month, compared with less than $3 during the summer. Prices paid by Britain for purchased vessels likewise have advanced. Recent sales of over-age vessels have been made at $50 to $60 a deadweight ton. against $45 a ton early this year
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