Ian Buxton wrote:Over 1946-62, the British Iron & Steel Corporation (BISCO) bought most of the ships scrapped in the UK on behalf of the steel companies, allocating each to a suitable breaker. After the scheme finished in 1962, breakers had to bid for and buy their own ships. A number of smaller breakers did not have the finance to do so, so closed, like Dorkin.
BISC, no O as that was for us in the Iron Ore Dept...then started buying scrap on a workdwide basis and continued well into the 70's as by then we were buying battleship scrap from Florida....much of which was shipped into Sunderland using,where possible Stag Line vessels..often taking up to 3 weeks to discharge as some plates were 10incges thick!,this was supplemented by fragmetised auto scrap,again much of this was ex US....
Geoff