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Tuesday, 20 April 1971

Senator COTTON - The Minister for Shipping and Transport has provided the following answer to the honourable senator's question:

A subsidy is paid to the Japanese shipping company Kawasaki Kisen Kaisha to maintain a shipping service between Australia, South America and the Caribbean.

Provision under the current option to the agreement between the Commonwealth and Kawasaki Kisen Kaisha is for a series of 8 voyages, of which the lust is expected to be completed about the middle of this year. The amount of subsidy is determined by the losses sustained by the company for each voyage, but does not exceed a maximum of $12,500 per voyage.

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