SHIPS IN BALLAST.
Sir, —By June 100,000 tons of shipping in ballast will have come to New Zealand from Britain. That is to say that 100,000 tons of shipping will have made a voyage half round the world, earning not one farthing for freight; at a complete loss in fact. That loss must be made up if ships are to continue running at all. And how made up? Only by doubling the freight charges for the return voyage. Every voyage out empty doubles that ship's costs on the Home run; raises by double freight charge the cost of marketing our produce in Britain. Is this too hard to understand ? I commend its consideration to all thoughtful people. Ajax.
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New Zealand Herald, Volume LXVIII, Issue 20867, 8 May 1931, Page 14
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118SHIPS IN BALLAST. New Zealand Herald, Volume LXVIII, Issue 20867, 8 May 1931, Page 14
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