GERMAN MERGER

Hokitika Guardian, 26 March 1930, Page 3

GERMAN MERGER

CHALLENGE TO BRITISH ’ SHIPPING.

Y Unified. Press Association—By Electro f Teie^rttph—Copyright). ' j v .

LONDON, March 24

A ,formidable challenge to British supremacy is foreseen as the result of the Gorman shipping 'merger) While the companies were in rivalry, there was much overlapping and duplication. Now they are presenting a united front to foreign competition. Experts point out the opportunness of the agreement, which has relieved the Hamiburg-America line of the necessity of building costly- rivals to the Bremen, Europa, and Columbus, which will assume' a weekly service between Germany'and Ndw York, in addition to a seven-day Atlantic trip being insituted with four 21,Q00 tpnners: Hamburg, Balling New York and. Deutschland, all of which are undergoing evtensive alterations, including the installation of n&sr turbines and high pressure boilers', which will double the engine power" and increase . the speed from. 16 to 20 knots. Large economies ‘lire also being effected in every world;.route.

Meanwhile there is likely to be no serious '.British challenge for the recapture of tlie-'- Atlanticrecord until the completion of the' ‘ '.giant CunaVder now definitely planned, for. at least two years): hence.' '