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CONFIDENTIAL
Chartering Arrangements
3. It could be helpful to obtain information on the following points from the members of the mission:
:
a)
b)
c)
a)
e)
the type, and number and value of vessels which they are interested in buying for
charter;
how they would propose to finance the purchase do they have their own sources of finance or would they be seeking ECGD
export credits;
what type of chartering arrangements are envisaged-short term or long term and on what basis - ie do they want a government guaranteed charter for 15 years and if so at what rates;
are they prepared to pay higher prices for
ships if a charter can be guaranteed?
are the owners prepared to bear any of the risks arising from the deal?
The Intervention Fund
4. If questions are asked about the fund you could emphasise that the Department in conjunction with British Shipbuilders was prepared to be flexible and creative in devising arrangements so as to enable foreign
shipowners to place orders with British yards. Such assistance would not only comprise bringing the price of British ships to the level necessary to enable orders to be placed with British yards, but leasing and chartering arrangements, participation in joint ventures etc. The Department and British Shipbuilders would be very happy
to discuss proposals with Hong Kong shipowners, and would welcome contact being made at the earliest possible opportunity as and when shipowners were formulating their ordering plans. The Hong Kong delegation could be asked to comment on the current stake of competitiveness as
between British and overseas shipyards, and in particular
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No comments yet.
Private notes are available after approval.