SHIPPING COMPETITION.
i SEVERE RATE-CUTTING. I New York, January 13. A severe rate-cutting war baa beta begun by ijhe steamship companies. The White Star line and other members of trie Pierpont Morgan shipping combine, including the Hamburg-Ameri-can and Nord Deutscher, refuse to increase their rates, as the Ounard Company, owners of the Lusitania and Mauretania, deiires. / ' , ABANDONING COMPETITION. Berlin, January 13. The Notcl Deutscher Lloyd line haa induced tit Japanese company, the Nippon Yusen Kaisha, to abandon competition at the ports of Singapore, Bangkok, Hong Kong, Swatow, and Hoihou, A GERMAN AMALGAMATION. i Berlin, January 19. A worklng_agreement has been arranged bjiween the Hamburg-American and Nwra Deutscher Lloyd steamer lines, virtually Kinging about an, amalgamation of/1,(52,430 tons of shipping.
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Taranaki Daily News, Volume L, Issue 316, 15 January 1908, Page 2
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119SHIPPING COMPETITION. Taranaki Daily News, Volume L, Issue 316, 15 January 1908, Page 2
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