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STANDARD SHIPS

I DEAL INVOLVES £20,000,000. ! (By Cable.—Press Association.—Copyright.) (Australian and N.Z. Cable Association.) (Received January 19th, 11 p.m.) LONDON, January 16. Lord Inchcape and Sir Owen Phillips state that they have taken over the contracts for standard ships from the Government, and will distribute them as equitably as possible. They do not intend to make a profit or favour their own companies, but will retain absolute discretion respecting allotment. Shipowners are asked to make general application by the 24th inst.; specific application will be considered thereafter without delay. The steamers will not be subject to the requisitioned Clue Book rates, but if the Government wishes, charter terms will be mutually arranged, otherwise the vessels will be on the same footing as other privatelyowned ships. The estimated aggregate cost of the steamers is £20,000,000. It is anticipated that Lord Inchcape and Sir Owen Phillips will easily dispose of all of them.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/CHP19190120.2.36

Bibliographic details
Ngā taipitopito pukapuka

Press, Volume LV, Issue 16425, 20 January 1919, Page 7

Word count
Tapeke kupu
151

STANDARD SHIPS Press, Volume LV, Issue 16425, 20 January 1919, Page 7

STANDARD SHIPS Press, Volume LV, Issue 16425, 20 January 1919, Page 7

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