WAIKAWA AGAIN SOLD

Evening Post, Volume CXXV, Issue 36, 12 February 1938, Page 24

WAIKAWA AGAIN SOLD

VALUE DOUBLED IN YEAR

Another strange chapter has been j added to the unusual story ol the old steamer Huntress, once well known in the New Zealand and/ Australian trade as the Union Company's freighter Waikawa, which has been sold by the Hunter Shipping Company, of London, to Jamaican owners at an enormous profit, her value having more. than redoubled during the past year, states the "New Zealand Herald." The Huntress was bought at the end of 1936, when the second-hand tonnage market was just beginning to improve, for £29,000, and she was sold a few weeks ago for £60,000. The steamer was built in 1919 for the Union Company as the Waikawa, being of 5677 tons gross. After running in the Pacific service from Canada to New Zealand and Australia,' she made several voyages under charter to the Argentine Government carrying Australian coal. In 1934 she was sold to Anglo-Greek interests for £13,500, and a few months later she became the Tower Ensign, owned by the Tower Steamship Company, of London. In November, 1936, the steamer was sold to the Hunter Company.