SALVAGED TRAWLER
Future Matter For Owners (N.Z. Press Association) WELLINGTON, July 21. Negotiations on the future of the salvaged 240-ton steam trawler, Hautapu, have been completed by the owners and the insurers. The trawler will remain in the hands of the owners, New Zealand Fisheries, Ltd. The company’s managingdirector, Mr J. W. Jenssen, of Napier, said the fate of the trawler would be decided at a meeting of directors later this month.
The Hautapu went aground at Ward last year and was not salvaged till several months later. After the first salvage attempt, the company abandoned the trawler to the un-. derwriters, Lloyd’s of London. It was considered repairs would exceed the £40,000 insurance. Lloyd’s, however, felt the Hautapu could be salvaged. Both opinions had proved correct, said Mr Jenssen.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19640722.2.34
Bibliographic details
Press, Volume CIII, Issue 30499, 22 July 1964, Page 3
Word Count
130SALVAGED TRAWLER Press, Volume CIII, Issue 30499, 22 July 1964, Page 3
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in