JAPANESE SHIPPING
BRITISH CRITICISED Reference to the effects of war on Japanese shipping was made at the half-yearly meeting of shareholders of the Nippon Yusen Kaisya line by the president, Mr. Noburu Ohtani. Quite apart from the upheaval in Europe, whereby the company’s services to Europe had been completely suspended, he said he wished to call the attention of shareholders to the embargo which the United States, with the understanding of Great Britain, thought fit to place on the export to Japan of certain materials and manufactured goods. He also referred to what lie described as the undue exercise of the right of inspection of cargo on the company’s vessels at various ports of British possessions, and said that all these unfriendly acts, as he felt justified in describing them, were not only bringing about a highly adverse effect on Japanese commerce and shipping, as was evidently intended, but could not be of any benefit to the foreign nations concerned, either at present or in the future. He gave the company’s profit for the half-year at yen 11,213,000 (about £700,000).
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Gisborne Herald, Volume LXVIII, Issue 20486, 21 February 1941, Page 2
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180JAPANESE SHIPPING Gisborne Herald, Volume LXVIII, Issue 20486, 21 February 1941, Page 2
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