DECREASE ANNOUNCED
• ARGO WAR RISK RATES Marine underwriters announced a 5 cent decrease in the cargo war risk rates on all routes previously affected by the incerase on 13th August. Shipments via Panama between Australia, New Zealand, the United States and Canadian Atlantic ports are reduced to the former 20 per cent, rate, while the transpacific per cent, rate is maintained. The announcement said that Brazil s declaration of war is expected to reduce war risk hazards. The “Journal of Commerce” ascribed the change also to increasingly effective anti-sub-marine measures.—P.A.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NEM19420828.2.20
Bibliographic details
Nelson Evening Mail, Volume 77, 28 August 1942, Page 2
Word Count
90DECREASE ANNOUNCED Nelson Evening Mail, Volume 77, 28 August 1942, Page 2
Using This Item
Stuff Ltd is the copyright owner for the Nelson Evening Mail. 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.
Log in