XN000022-1989-05-18 — Page 6

THURSDAY, MAY 18, 1989

5

TO WORK EMERGENCY

AS THE PUBLIC ADDRESS SYSTEM, ALTHOUGH SUPPLIED FROM TWO ALTERNATIVE INDEPENDENT ELECTRICAL SOURCES, FAILED AFTER THE ACCIDENT, IT SHOULD BE CONNECTED TO THE BATTERIES;

BE USED

THE CONFECTIONERY AND DRINKS TROLLEYS SHOULD NOT WHILE JETFOILS ARE IN HIGH RISK AREAS SUCH AS HARBOURS;

THE COMPANY SHOULD REVIEW THE CREW UNIFORMS TO SEE IF THEY ARE DISTINCTIVE ENOUGH;

IT

SHOULD BE RECONSIDERED WHETHER THE ORANGE SMOKE MAN-OVERBOARD SIGNALS ARE REQUIRED FOR THESE VESSELS IN VIEW OF THE PANIC THEY CAUSED BY ACTIVATING THEMSELVES DURING THIS ACCIDENT. IF THEY CAN BE DISPENSED WITH, THEN THEY SHOULD BE REMOVED FROM ALL SIMILAR CRAFT; AND

THE CHIEF OFFICERS SHOULD NOT WRITE DOWN TIMES WHILE THEY ARE KEEPING A LOOKOUT IN THE CONFINED WATERS OF THE MACAU CHANNEL AND HONG KONG HARBOUR. IF IT IS NECESSARY TO RECORD A TIME THEN THIS SHOULD BE DONE BY THE ENGINEER OFFICER.

MR PYRKE SAID THAT SOME OF THE RECOMMENDATIONS WERE ALREADY BEING CARRIED OUT BY THE FERRY COMPANY IN CONJUNCTION WITH THE MARINE DEPARTMENT.

FUTURES EXCHANGE MAKING GOOD PROGRESS

THE HONG KONG FUTURES EXCHANGE HAS BEEN DOING

A PRETTY GOOD

JOB AND THE SITUATION NOW IS GOOD FOR FUTURE DEVELOPMENTS, THE ACTING CHIEF SECRETARY, MR PIERS JACOBS, SAID TODAY (THURSDAY).

SPEAKING TO MEMBERS OF THE MEDIA AFTER A VISIT TO THE FUTURES EXCHANGE, MR JACOBS SAID HE WAS VERY PLEASED ΤΟ SEE THE EXCHANGE MAKING SUCH GOOD PROGRESS.

"WE ARE DOING A LOT OF THINKING TOGETHER GENERALLY WITH A VIEW TO INTRODUCING NEW CONTRACTS INTO THE EXCHANGE IN FUTURE.

INTRODUCED

"A LOT OF WORK HAS TO BE DONE BECAUSE OBVIOUSLY WE DON'T WANT TO MAKE MISTAKES OF INTRODUCING CONTRACTS OR SEE CONTRACTS THAT CARRY WITH THEM AN UNACCEPTABLE RISK," HE ADDED.

GENERALLY, MR JACOBS FELT IT DESIRABLE THAT THERE BE NEW PRODUCTS ON THE MARKET SINCE THE EXCHANGE DID NOT HAVE A VERY LARGE RANGE OF PRODUCTS AT THE MOMENT.

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