OIL SHIPMENTS.
The Standard Oil Company, of America, has chartered the steamer Knight Eerrant and four barques to carry its oil to Melbourne or Sydney between and includ® ing the months of June and September. The Knight “Errant will take 260,000 cases, and the barques 330,000 cases. The chartering of these vessels is soma indication of the big fight “which is to take place between the American Company and tlie Russian company (the Shell Transport Company), which has just in« augurated the shipment of petroleum in bulk to Australia. The intention of the latter company may be judged from tha following extract of a letter received by a Wellington merchant from a Sydney firm: "The ‘‘Shell Transport Company started its new business this week on the arrival of one of its tank steamers from Baku, with one million gallons of kerosene, which it “poured from it® steamers into reservoirs. This company has opened similar places in Melbourne, and intends to have its reservoirs in all the principal cities of Australia and New Zealand.” Another steamer is on tha way down to an Australian port %ith a second cargo of Russian oity and so wo are given to understand, the future “colo* nial supplies of the Shell Transport Corn* pany will be drawn from the Borneo tyella, in which the Russian company is largely interested.
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Bibliographic details
New Zealand Mail, Issue 1530, 27 June 1901, Page 42
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224OIL SHIPMENTS. New Zealand Mail, Issue 1530, 27 June 1901, Page 42
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