Joint venture planned
Wellington The Shipping Corporation and the Jebsens Group of Norway are joining forces to bring a 35.000-tonne bulk carrier into the New Zealand shipping trade. The ship will be mannned by New Zealand officers and seamen, and the maritime unions have provisionally accepted a manning scale of 26, compared with the 34 or 35 common in Australian and
New Zealand vessels of similar size. • The Shipping Corporation’s chairman. Sir Thomas Skinner, said that the bulk carrier would work in with Jebsen’s international pool of 35 ships. The Corporation and Jebsens have already put a aroposition to the Mines Department for the lifting of aoal from Lyttelton. The partners will set up a
joint company in New Zealand and will charter their first ship from the Jebsen pool, about the middle of the year. Meanwhile, th'e Shipping Corporation is still involved in negotiations with the Dutch-based Nedlloyd line, on the prospect of taking a share of trade between New Zealand and South-East Asia. More discussions are expected in April or May.
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Press, 1 March 1982, Page 13
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173Joint venture planned Press, 1 March 1982, Page 13
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