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A SHIPPING DEAL.

AMERICAN SHIPS FOR BRITAIN. By Telegraph—Press Association—Copyright Australian and N.Z. Cable Association. NEW YORK, May 21. Tlie directors of the International Mercantile Marine Company have approved of the proposed sale of the company’s English tonnage to a British syndicate. The board decided to call a special stockholders’ meeting on Juno 16 to act on the offerThe sale will include eighty-five ships, including the Olympic, the Adriatic and the Baltic, and forty-four large ships of the Leyland line, freighters, and all other' assets of six British subsidiary companies. The price approximates 130,000,000 dollars.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LT19190604.2.39

Bibliographic details

Lyttelton Times, Volume CXVII, Issue 18115, 4 June 1919, Page 5

Word Count
95

A SHIPPING DEAL. Lyttelton Times, Volume CXVII, Issue 18115, 4 June 1919, Page 5

A SHIPPING DEAL. Lyttelton Times, Volume CXVII, Issue 18115, 4 June 1919, Page 5

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