TO:

MR MEADWAY

Hd/OT2

FROM:

CONFIDENTIAL

COMMERCIAL IN CONFIDENCE

HOWARD CHARMAN

V2

Room 150

Buckingham Palace Road

071-215 1119

10 March 1993

CC:

Mr Hall

PEP

Mr Davis

OG

Mr Salvidge

TP

Mr Rumbelow

EEE/ME

Mr Nieduszynski AIR

Dr Finer

CB

Mr Stanley

Mr Shand

V/SMM V2

IMPLICATIONS OF HONG KONG'S ECONOMIC AND FINANCIAL POSITION

Martin Stanley has passed to me his copy of your minute of the 4th March.

2. So far as concerns Harland & Woolf, we do not believe that there will be any major effect. The company is in fact only building one bulk carrier for the Swire group. Of the other vessels a number may be built but the buyer will be the Harland & Woolf group itself. So far as concerns the vessel for the Swire group, our understanding is that this is a very large and prosperous company and we do not believe that there will be any major effect.

HOWARD CHARMAN

HC.308

18 706

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