INCREASED HAZARDS
Cause Of Sharp Rise In Wartime Marine Surcharge RATES IN AMERICA Rec. noon. NEW YORK, July 16. Reflecting the increased hazards of navigation, underwriters have raised considerably the wartime marine surcharge rates. The most extensive increase is for voyages confined to the Western Hemisphere, where the rates have trebled, while the rates for shipments to Australia, New Zealand, Tasmania, India and Ceylon have doubled, from i to i per cent The wartime marine surcharge must not be confused with the war risk insurance. The latter covers war risks proper, such as mines, torpedoes and capture, while the former covers hazards due to travelling without lights and peace-time navigation aid, etc.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/AS19420717.2.69
Bibliographic details
Ngā taipitopito pukapuka
Auckland Star, Volume LXXIII, Issue 167, 17 July 1942, Page 5
Word count
Tapeke kupu
112INCREASED HAZARDS Auckland Star, Volume LXXIII, Issue 167, 17 July 1942, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Auckland Libraries.
Log in