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MONSTER SHIPPING DEAL

BRITISH SYNDICATE NEGOTIATING. TWENTY MILLION POUNDS INVOLVED. Preaa Association—By Telegraph—Copyright. Australian and N.Z. Cable Association. NEW YORK, May 19. (Received May 20, at 9.25 p.m. ) Ihe Journal of Commerce learns that the International Mercantile Marine Company is negotiating for the sale of ICO of its British ships to British interests. The c^f^ tlon ' lf com P Jcted » will involve y?, ™ and . roore than 100,000,000 dollars. ships will include several weJ-kno-svTi White Star vessels, and also 44 freight-carriers. The identity of the purchasers i s doubtful, but it is believed that Lord Inchcape and Lord Pirrie are associated in the transaction.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19180521.2.25

Bibliographic details

Otago Daily Times, Issue 17320, 21 May 1918, Page 4

Word Count
103

MONSTER SHIPPING DEAL Otago Daily Times, Issue 17320, 21 May 1918, Page 4

MONSTER SHIPPING DEAL Otago Daily Times, Issue 17320, 21 May 1918, Page 4