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The General Manager,
Condroure 7.
THORESEN & CO.
26
Hongkong, 9th. November, 1916.
The Hongkong & Thempos book Co. Ltd.,
Present +
Dear Sir,
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We much regret to
Owner:
FOUR WORWEGIAN NEW BUILDINGS.
understand that you have received information from the Local
Gevarneant to the effect that the British Government. will only
daan allow the delivery of new buildings to neutral power
provided they are chartered to British firms, at half market
rate from readiness watii six months after termination of the
War.
This is indeed very discouraging information to receive,
and we sincerely hope you will use your utmost influence with
the Local Government in order to induce the authorities to
reconsider the matter and duly point out to then the facts, which we think will speak in favour of granting exemption in
sonnection with the four buildings already contracted for. The
contracts for the said four ships were, as you will know, concluded during June/July 1918, and the ships should have been delivered 12 to 14 months after contracts were signed.
The materials for the ships were all ordered fron
Great Britain and, although permission for supply of the
materials required was once granted, this was afterwards reversed making it impossible for your Conpeny to obtain most of the
materials, and in consequence of same the building of the ships have been greatly delayed, and the materiale required to complete the ships had to be ordered from Americs, with an additional price to be paid by the Norwegian owners of § £10,000 per ship, which amounts to 22% to 25% increase to the original prios for which the vessels were contracted. This additional price whe finally agreed to by the Forwegian shipowners solely in order to obtain early delivery of the ships, and thereby also greetly
10commodating you, in enabling you to make a headway with the
: