AUSTRALIAN SHIPPING
NEED OF RATIONALISATION OWNERS’ LOSSES PILING UP London, January 24. “If there is one section of Empire trade where rationalisation would be welcome it is Australian shipping circles. It is sad to think that we can conclude a good fifty-fifty agreement with Argentina, but can arrange nothing of the sort with Australia,” savs the “Financial News.” “Austral ia unfortunately still remains one of the most difficult countries with which to carry on shipping business. For nearly a year the owners have held back from freight increases, but will certainly not be able to do so much longer. Tlie high dock and port dues, and lack of outward cargo are piling up owners’ losses to a point where theycannot go very much further. The Federal Government has, indeed, made things more difficult instead of easier by tariff increases on several lines of cargo.” i ,
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Bibliographic details
Dominion, Volume 23, Issue 104, 27 January 1930, Page 6
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145AUSTRALIAN SHIPPING Dominion, Volume 23, Issue 104, 27 January 1930, Page 6
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