Plans unstuck
! The grounding of the; ; freighter Hong Kong Surety jin the Timor Straits this w-eek may bring a premature lend to the David and I Goliath confrontation between the New Zealand-Far East shipping conference lines and the little Moumeaibased Sofrana Unilines. : The Hong Kong Surety : was one of two vessels char-1 Itered by Sofrana Unilines to! (provide a regular con-1 ■ventional cargo service from: (New Zealand to the Far. East, undercutting the rates, 'levied by the conference. | ■ Some of the biggest ship-: jPing companies in the world | are members of the conference — including P and O,; (Japan Line, Mitsui OSK
Lines, the Swire group and the Royal Interocean Lines. A spokesman lor G. H. Scales, the Christchurch agent for Sofrana Unilines, said that news of the Hong Kong Surety’s grounding i came on Monday. 1 The extent of the damage! was not made clear, though! word 'hould come through: soon on whether the vessel! was fit to continue in service. he said. The Hong Kong Surety; was en route to Port! Moresby, und thence to Suva! and Lyttelton. The first vessel on the! run, rhe Neptune Beryl completed her first run down the! New Zealand coast last j week.
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Press, 25 February 1977, Page 9
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200Plans unstuck Press, 25 February 1977, Page 9
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