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FREIGHT CHARGES TO AUSTRALIA

TEN PER CENT. INCREASE ANNOUNCED , SYDNEY, September 18. A fresh blow to hopes of checking the rise in costs has been dealt by the announcement that a 10 per cent, surcharge will be imposed on freight rates from Britain and the Continent to Australia from October. 1,” says the “Sydney Morning Herald.” “This pending increase is the direct resuit of the slow turn-round of ships in Australian ports. Months ago the shipping authorities in London warned that a crisis was approaching in Australia’s overseas trade because of port delays at this end, and that imports might have to be curtailed. “The rise in freight charges has been announced at the moment when the Sydney waterfront is again immobilised by a wanton strike of watersiders. Sydney has become notorious for its port stoppages and slow handling of cargo.”

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https://paperspast.natlib.govt.nz/newspapers/CHP19500919.2.79

Bibliographic details

Press, Volume LXXXVI, Issue 26221, 19 September 1950, Page 7

Word Count
141

FREIGHT CHARGES TO AUSTRALIA Press, Volume LXXXVI, Issue 26221, 19 September 1950, Page 7

FREIGHT CHARGES TO AUSTRALIA Press, Volume LXXXVI, Issue 26221, 19 September 1950, Page 7