for Sydney-P-NG Cargo
p. 31 · Read in the full issue
No Freight Rise for Sydney-P-NG Cargo
RUMOURS that shipping freights between Australia and Papua- New Guinea would rise by about £3 a ton following the 14 per cent, increase (to operate from March 1), on United Kingdom-A ustr a 1 i a freights, have been described by a spokesman for a Sydney shipping company as “absolute rubbish.”
The spokesman said that some body had mistakenly assumed that an increase in Australia-New Guinea freights would automatically follow the UK rise.
“As far as Australia-New Guinea freights are concerned the last in crease was in November, and no further increase is contemplated,” be said. “That incease was 15/- a ton, or ibcut 12 per cent.”
The spokesman said he assumed that goods for New Guinea from die United Kingdom, transhipped in Australia, would be subject to the L 4 per cent, rise on the UK-Australia cart of the journey.