Tokyo, July 2. Construction of high-speed frelghtsullable for uso as naval suxillies is called for by a new plan for shipping development now. being drawn up by the Ministry of Come 'The plan provides for subsides for tramp freighters, development of new shipping routes and "positive encour-Jagement™ to the construction of [superior sea-going exalt, Hitherto, the speed of newly. constructed freighters was require' {0 average 17 or 18 knots, but, under the new plan, this gute is raised to not Tess than 20 knots, The cost of building such vessels is Jestimated to be 100 per cent. more than that of the 18-knot freighters, Tt is pointed out, however, that the new craft need not necessarily be uneconomical, as fast vessels of the [Canberra Maru class, which have cut [down the Japan-Australia run from {three weeks to eleven days, have been Joperated profitably.
Some quarters estimate the proposed tramp subsidy at £600,000, Tt lo hoped to provide Japan with a fleet of freighters capable of under-{taking international shipping. instead for concentrating on raules near Japan—Reuter, Kobe, July 4.
Throwing the Australian Shipping [Conference into confusion, the Kokusai Kisen Kaisha yesterday one [nounced the inauguration of a. shipping line from Yokohama to Australi via China ports, the Philippines the Strait Settlements, The line will be inaugurated on August 1, and a monthly service will be maintained thereafter. The concern will place three 10,000-1on ships on the route.
Shipping circles here believe that, until the current Japanese-Australian commercial feud is seitied, the fern fell eek to secure li ireght "in
Text read from the printed page and cleaned; old type leaves the occasional error.
