SHIPPING FREIGHTS
AUSTRALIAN CONFERENCE.
(United Press Assn—Telegraph Copyright.) (Rec. 9.40 p.m.) Sydney, June 19. The representatives of the shippers and the shipowners from all parts of the Commonwealth met in Sydney for the annual freight conference. It is understood that the Blue Star Line is desirous of entering the Australian trade with one ship a month.
CARGO TONNAGE
RATIONALIZATION PLANS
DROPPED.
(United Press Assn—Telegraph Copyright.) (Rec. 10.45 p.m.) London, June 19. The Council of the Chamber of Shipping decided not to proceed with the rationalization proposals owing to insufficient support.
The Chamber of Shipping invited shipowners to consider before a meeting of the council on June 16 two projected schemes to rationalize cargo' tonnage. It is intended by a national plan to stimulate the scrapping of tonnage and by an international plan to encourage the further laying up of surplus tonnage. The chamber also aimed at reducing freights to a more remunerative but only moderately profitable level.
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Bibliographic details
Southland Times, Issue 22046, 20 June 1933, Page 5
Word Count
157SHIPPING FREIGHTS Southland Times, Issue 22046, 20 June 1933, Page 5
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