‘IDEA NOT PRACTICAL’
State-Owned Shipping
GV.Z. Press Association) WELLINGTON, July 22. The chairman of the Exports and Shipping Council (Sir John Ormond) yesterday dismissed suggestions that New Zealand should establish and operate its own shipping lines as “quite impracticable.” The suggestions were made in various quarters after the announcement that shipping freight rates for New Zealand refrigerated exports would be increased by 7} per cent. Sir John Ormond said the cost ■of forming a shipping line would be formidable and the running costs would probably result in even higher freight charges than would be paid to the Conference Lines.
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Press, Volume CVI, Issue 31119, 23 July 1966, Page 19
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99‘IDEA NOT PRACTICAL’ Press, Volume CVI, Issue 31119, 23 July 1966, Page 19
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