FREIGHT WAR AS DUTCH SHIPPING CO. FIGHTS OPPOSITION
LONDON, March 28 (Rec. 7.15 p.m.) —As a result of a freight war between the United Netherlands Shipping Company, one of the most powerful of Dutch shipping lines, and the other members of the International Association of Shipowners known as the Shipping Conference, charges for freights carried between India and Continental ports have been slashed by 85 per cent. The United Netherlands Shipping Company withdrew from membership of the Shipping Conference following a dispute over the allocation oi' freights between India and Dutch, j German and Belgian ports. The Dutch , line claimed that the other members' of the Conference, chiefly British. owners, were trying to appropriate, too large a share of the Indian trade.. Early this week, after a series of competitive reductions, the Dutch; shippers cut their freight rates to only ; 15 per cent, of the normal charges, whereupon other members of the; Shipping Conference reduced their! rates to 10 per cent. An official of the Dutch line said : that his principals would continue the , war “to the bitter end.”—Special N.Z.P.A. Correspondent.
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Wanganui Chronicle, 29 March 1949, Page 5
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181FREIGHT WAR AS DUTCH SHIPPING CO. FIGHTS OPPOSITION Wanganui Chronicle, 29 March 1949, Page 5
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