TRANS-TASMAN TRADE
AMERICAN COMPANY SURPRISE AT SYDNEY (Reed. Feb. 12, noon) SYDNEY, Feb. 12. Surprise is expressed in some quarters that bookings have been received by the Matson Line for passengers to and from New Zealand, because there is an impression that the New Zealand legislation of 1936 restricted the trade to British vessels.
The New Zealand Government office at Sydney has explained that the Act to prevent shipping taking part in the trans-Tasman trade has not yet been made law by proclamation, and it is not likely that this step will be taken before Australia has carried similar legislation.
JAPANESE CAMPAIGN HUGE MERCHANT FLEET LONDON, Feb. 11. The Daily Telegraph's shipping writer says "that further details show that Japan's plan for expanding her mercantile marine is the most ambitious ever launched by any maritime nation in peace-time. It aims at increasing the tonnage from 4,000,000 to 8,000,000 tons. The initial programme includes several high-class 20-knot passenger ships, many 20-knot tankers, and 450,000 ton.s of freighters with speeds from 17 to 20 knots.
It is evident that British shipping will lie the chief sufferer when the Japanese fleet is established.
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Bibliographic details
Poverty Bay Herald, Volume LXIV, Issue 19247, 12 February 1937, Page 5
Word Count
190TRANS-TASMAN TRADE Poverty Bay Herald, Volume LXIV, Issue 19247, 12 February 1937, Page 5
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