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TRAMP SHIPPING

VOLUNTARY CO-OPERATION OWNER’S ACCEPTANCE LONDON, Oct. 25. The owners of tramp shipping have accepted a voluntary scheme of cooperation applicable to British tramp snipping from January 1. The owners are required to execute a binding agreement to comply with minimum freight rates and other conditions specified by the Administrative Committee. A vital clause is designed to prevent accumulation areas, and the subscribers are bound to observe the pay rates and service, tonnage, and specific conditions laid down by the National Maritime Board. The cost of the Administrative Committee administering the scheme will be de frayed by voluntary contributions. Breaches of the scheme will be punishable by fines levied by a single arbitrator.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19371027.2.58

Bibliographic details

Wanganui Chronicle, Volume 80, Issue 255, 27 October 1937, Page 7

Word Count
114

TRAMP SHIPPING Wanganui Chronicle, Volume 80, Issue 255, 27 October 1937, Page 7

TRAMP SHIPPING Wanganui Chronicle, Volume 80, Issue 255, 27 October 1937, Page 7