XN000022-1991-06-21 — Page 3

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FRIDAY, JUNE 21, 1991

CONTAINERISATION,

UP TO

2006,

TEU'S

GIVEN THAT THERE WOULD BE INCREASING

BE NEEDED BY THE YEAR 20 ADDITIONAL CONTAINER BERTHS WOULD INCREASING OUR LAND-BASED CONTAINER CAPACITY TO SOME 13 MILLION (20-FOOT EQUIVALENT UNIT. THIS CAPACITY MAY NEED TO REACH 26 MILLION TEU'S BY 2011.

IN ACCEPTING THE REPORT, ALL THREE OF THE COMMITTEES SET UP BY THE MID STREAM THE BOARD AT ITS FIRST MEETING -IN AUGUST LAST YEAR

AND OPERATIONS COMMITTEE, THE RIVER TRADE CARGO ACTIVITIES COMMITTEE, COMMITTEE

COMPLETED THEIR THE SHIP REPAIR FACILITIES TASKS.

HAVE

NOW

TO PROVIDE PROPER IMPETUS

ONE STANDING COMMITTEES MATTERS AND ONE WITH CONTAINERS

ΤΟ DEALING

THE BOARD'S FUTURE WITH PORT

AND LAND HAVE RECENTLY BEEN ESTABLISHED.

WORK,

TRANSPORT

TWO

THE

MAIN FINDINGS

OF THE RIVER

CARGO TRADE

ACTIVITIES

ARE FACILITIES

OF THE CORRECT

COMMITTEE WERE THAT:

*

PRESENT RIVER TRADE CARGO

TYPE FOR THE TRADE, AND SOME SPARE CAPACITY IS PRESENT;

WATERFRONTS, FACILITIES FOR AREAS WILL NEED 1994 AND 1995 RESPECTIVELY;

PRIVATE WHARVES AND TEMPORARY SAND/AGGREGATES, AND PUBLIC CARGO WORKING FURTHER DEVELOPMENT BY 1993, AND

A RIVER TRADE TERMINAL IN TURN MUN IS DESIRABLE.

REAFFIRMED THAT BOTH OCEAN

AS REGARDS SHIP REPAIR, THE BOARD'S COMMITTEE THE PORT OF HONG KONG REQUIRES SHIP REPAIR FACILITIES FOR GOING SHIPS AND LOCAL CRAFT.

PRIORITIES FOR LAND AND AGAINST THE BACKGROUND OF COMPETING

SCALE THE

OF

SHIP EXISTING CONCLUDED THAT LABOUR, THE COMMITTEE

TO MEET FUTURE DEMAND REPAIR FACILITIES IS LIKELY TO BE INADEQUATE AND THE GOVERNMENT SHOULD CONSIDER THE NEED:

TO PROVIDE IN ITS INFRASTRUCTURAL INDUSTRY TO EXPAND;

PLAN, FOR THE DOCKYARD

*

TO IDENTIFY SITES FOR ADDITIONAL SHIPYARDS; AND

*

TO ENSURE THAT BOATYARDS.

THERE

SITES SUFFICIENT ARE

PROVIDED

FOR

THE COMMITTEE ADVISED

THAT THE POSSIBLE

OF

SHIP

NEED

MOST

HEPAIR CAPACITY IN CHINA IS UNLIKELY TO HAVE AN

EXPANSION IMPACT ON THE THAT THE NOTED IN HONG KONG, CAPACITY FOR ADDITIONAL IMPORTANT CONSTRAINT IS AN ADEQUATE SUPPLY OF TRAINED LABOUR.

BUT

JOHN

OPERATIONS, MR

GRAY SAID BOARD AS REGARDS MID STREAM MEMBERS AGREED THAT THERE SHOULD BE NO ARTIFICIAL RESTRAINTS IMPOSED.

IT

OF THE VIEW THAT HE SAID THE MAJORITY OF BOARD MEMBERS WERE

ON TO PLACE RESTRAINTS NOR DESIRABLE NEITHER WAS

NECESSARY

ΤΟ THE CONTAINER HANDLING IN THE STREAM SO AS TO DIVERT MORE VESSELS CONTAINER TERMINALS.

/IN THE