MEETING SEA COMPETITION
GERMAN SHIPPING COMPANIES. NEWER AND FASTER STEAMERS. By Telegraph—Press Assn.—Copyright. Berlin, June 1. Depreciation of sterling, the fall in freight rates despite increased trade, also subsidised Italian and Japanese competition, resulted in the German, South African and Woermann Lines losing £560,000. The companies intend to employ newer and faster steamers as a counter measure. ;
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Taranaki Daily News, 4 June 1934, Page 5
Word Count
57MEETING SEA COMPETITION Taranaki Daily News, 4 June 1934, Page 5
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