One of Israel’s two major independent shipping lines is reported negotiating the purchase of a large cattle ranch in northern Australia on which it proposes to raise its own beef cattle for export. The property sought by Maritime Fruit Carriers, Ltd., of Haifa is located on 1,156 square miles of what is known as Mataranka Station.
Shipping circles here saw the move as an effort to compete with eight major overseas shipping lines of various flags engaged in the cargo trade between Australia and the east coast of North America. Frozen meat is one of the major cargoes. Maritime Fruit Carriers is not a member of the Australia-East Coast U.S.A. freight conference, a rate-setting body, and consequently can trade at lower than conference rates. It is one of Israel’s two most prosperous privately-owned shipping companies. The other is Cargo Ships El Yam, Ltd.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
