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CANADIAN SHIPPING

LOSS. ON YEAR’S OPERATIONS. By Telegraph—Press Assn.—Copyright. A. and N.Z. Ottawa, April 10. The Government Merchant Marine sustained an operating loss in 1927 amounting to 720,735 dollars. It was largely attributable to shortage of cargo tonnage and keener competition from privately-owned modern ships, result-, ing In reduced rates offered by United Kingdom lines.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19280412.2.5

Bibliographic details

Taranaki Daily News, 12 April 1928, Page 2

Word Count
55

CANADIAN SHIPPING Taranaki Daily News, 12 April 1928, Page 2

CANADIAN SHIPPING Taranaki Daily News, 12 April 1928, Page 2