COASTAL CARGO FREIGHTS.
,r—■ ♦ - UNDER-CUTTING BY GLAUCUS. | UNION REPLY. v [B2 telegeaph.—-own cobbespokbestJ •/ CHEISTCHUBCH. Tuesday." Some trader-cutting is being done in .;._? coastal cargo freights. The Glaucus, a vessel owned in Melbourne.,, which i? ' usually engaged in the Islands phosphates trade, is at present carrying general cargo between Canterbury and Auckland. "Its rates are 4s per ton below ruling charges* To meet this'competition the "Onion Com-;' ; pany has reduced the rate of freight oil the Eakapo by 4s per ton. This is th* . onlv vessel in its fieet so. far affected and , . it is stated that the reduction is only.'tep- ~ ' porary. There are, however, possibiHtkß ; in the situation, which are attracting-the ; ;■>,. interest of shippers. . •
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Bibliographic details
New Zealand Herald, Volume LIX, Issue 18170, 16 August 1922, Page 8
Word Count
113COASTAL CARGO FREIGHTS. New Zealand Herald, Volume LIX, Issue 18170, 16 August 1922, Page 8
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