SHIPPING DEVELOPMENTS.
PURCHASE OF Oil. FIELDS
GREAT COMBINED ENTEUPRISK
(Australian and N.Z. Cable Association)
LGsidnrs, August 14
The "-''Manchester Guardian" states that a British shipping syndicate will carry out the proposal, to purchase oil interests in California ydikh was temporarily aborted owing to tmwM conditions. The Cimard, "White Star, , Union Castle, Elder-Dempster, Atlantic Transport, and New Zealand lines are involved. Most of their ships will ho fitted with oil fuel engines when shipbuilding conditions are easier.
In the House of Commons Mr'Harcourt stated that the Government did not propose following New Zealand's reported example in building a Stete line of steamships.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TC19160816.2.18.30
Bibliographic details
Colonist, Volume LVII, Issue 14165, 16 August 1916, Page 6
Word Count
101SHIPPING DEVELOPMENTS. Colonist, Volume LVII, Issue 14165, 16 August 1916, Page 6
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