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Thursday, 9 December 1965

Mr Hansen (WIDE BAY, QUEENSLAND) n asked the Minister for Shipping and Transport, upon notice -

1.   What ships of the Australian National Line were sold over the past twelve months?

2.   Who were the purchasers of these ships?

3.   What amount was paid for each ship?

Mr Freeth - The answers to the honorable member's questions are as follows - 1 and 2. The ships sold by the Australian National Line during the past twelve months and their purchasers were as follows -


3.   lt would not be in the best interests of the Australian National Line, which operates as a commercial undertaking, to disclose the prices obtained for recently concluded sales of any of its ships, particularly in cases where ships of a similar class are still operated by the Line and may be offered for sale in the future.

It is pointed out that a somewhat similar question was asked by Mr. Hayden in March last year and on that occasion, amongst other things, the selling prices of the 16 ships sold by the Line up to that time were disclosed.

With the exception of "Tyalla", sold in 1957 and " Ransdorp " in 1958, the vessels were either " River " class or " D " class and it was felt that the disclosure of the prices obtained for these ships would not be prejudicial to the Line's interests as it was not contemplated that any of the remaining " D " class vessels would be offered for sale for some time, and there was no immediate intention of offering the one remaining " River " class ship ("River Burnett") for sale.

At the present time the Line is operating one " e " class and three " D " class vessels all of which were built between 1946 and 1949. Having regard to their ages and the changing pattern of trade, one or more of these ships could become surplus to the Line's requirements in the not too distant future.

The disclosure of prices obtained for recent sales of ships in these classes could, it is believed, adversely affect the prices obtained for any similar ships offered for sale in the future.

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