Cement exports lost
PA Nelson The collapse of a cheap shipping service between Nelson and Papua New Guinea has squashed Golden Bay Cement Company’s attempts to establish a new export market. The company sent its first shipment of about 300 tonnes to Papua New Guinea last November, and was due to send 500 tonnes this month. However, because of the
withdrawal of the Diamond Line service, the second shipment has had to be cancelled. The Diamond Line’s two ships entered the trade about six months ago in competition with the Pacific Forum Line and the New Caledonian-owned Sofrana Line, and forced freight rates down by as much as 40 per cent. Three weeks ago it took
its ships off the run, claiming it was forced out by political pressure. The Golden Bay Cement marketing director, Mr Gordon Strachan, said that the share of the Papua New Guinea cement market had only been made possible by the Diamond Line’s offering the company a service out of Tarakohe Golden Bay because of the type of ships they had.
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Press, 5 April 1983, Page 31
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176Cement exports lost Press, 5 April 1983, Page 31
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