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GERMAN SHIPPING.

CAMPAIGN TO CAPTURE WORLD'S TRADE. THE NEW ZEALAND LINE. "Time*" and Sydney "Sun" Services. . (Received June 2, 5.50 p.m.) BERLIN, June 2. Germany is maturing a oampaign on a systematic scale to capture a larger Share of the world's shipping. British companies are perturbed by the loss of 99,000 tons of shipping in consequence of the new service from Germany to New Zealand. Later it is expected that Germany, Italy and Switzerland will have to obtain meat from. Australasia, thus providing back cargo. The Norddeutscher Lloyd is reconsidering ite decision to abandon the Australian trade, only asking for a temporary subsidy. When this period expires few will be surprised if the Hamburg-Amerika Line should enter the trade. It is building liners considerably larger" than those of the Peninsular and Oriental Company. GERMAN POLICY EXPLAINED. EFFECT OF THE NEW ZEALAND SERVICE. (Receved June 2, 10.25 p.m.) LONDON, June 2. The Berlin correspondent of the "Times" says'that the extension of the German-Australian service to New Zealand is connected with the policy to cut German protectorates in the South Seas out of the Anglo-Austra-lian sphere of interest. The abandonment of the Australian subsidy does not mark a retreat but the beginning of fresh efforts to push German shipping under the conditions of freedom which the Hamburg-Amerika Line always advocated. The Conservatives even indicate that they are willing to abandon the veto on tho importation of meat and wool in the interests of the Australia service. Representatives of the Norddeutscher Lloyd, German-Australian Line and British shipping companies will meet in London on Wednesday to discuss the German-New Zealand service, desiring an amicable settlementIt is expected that the result will he tho loss of a hundred thousand tons annually to the Port of London.

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https://paperspast.natlib.govt.nz/newspapers/LT19140603.2.56

Bibliographic details

Lyttelton Times, Volume CXV, Issue 16567, 3 June 1914, Page 9

Word Count
291

GERMAN SHIPPING. Lyttelton Times, Volume CXV, Issue 16567, 3 June 1914, Page 9

GERMAN SHIPPING. Lyttelton Times, Volume CXV, Issue 16567, 3 June 1914, Page 9