GERMAN SHIPPING

Otago Daily Times, Issue 18991, 12 October 1923, Page 8

GERMAN SHIPPING

TRADE WITT! AUSTRALIA. ACTIVITIES SINCE WAR. LONDON, October 1. The London Financial News says:—“The report that German shipping companies arc expressing satisfaction with the results already achieved in the Australian trade need cause no surprise. Since peace was made, rapid strides have been made towards the re-establishment of pre-war prestige by the Norddeutscher Lloyd and German-Aus-tralian lines. “ That they are now' able to undertake the Australian service without assistance is due primarily to their extensive building programmes, in which they have been joined by the Kosmos Line, which has a community of interest in coming to an agreement. " The shipbuilding programme of the German-Australian and Kosmos Lines includes 15 vessels, with a total tonnage of 40.000, while, in addition, the Norddeutscher Lloyd has the 35,000-ton Columbus and the 14.000-ton steamer Munchen. and several others, under construction. “The net result is that the German mercantile marine is growing rapidly, and displacing British steamers in the Australian trade. No stronger proof of this fact is needed than is provided by the steamer Iserlohm, which is shortly expected to reach Australia with a quantity of British cargo. " Surely nothing oould be more bitterly ironical than a British cargo carried from a British port to a British colony under German decks.”