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ALOFI, Niue (September 27, 2000 – Niue Economic Review)---Triad Maritime, which operates the Cook Islands National Line (CINL) vessel Ngamaru III that serves Niue, has admitted that it is experiencing tight budgets and that it is behind with tax payments.

The Cook Islands Star reports that Triad owner George Ellis admitted this during an on going row over the issuing of shipping licenses in the Cooks.

CINL's problems are seen by many as the result of having lost the lucrative monopoly-based rates that shippers faced prior to competition in the form of EXCIL, a company set up as a co-op by the three biggest Rarotonga importers, CITC, Foodland and Meatco.



ALOFI, Niue (September 26, 2000 – Niue Economic Review)---Niue recorded tremors Tuesday from an earthquake centered 170 kilometers (102 miles) north of Neifau, Tonga and 350 kilometers (210 miles) northwest of Niue.

The quake was recorded on September 26 at 06:17 UTC at a depth of 33 kilometers (19.8 miles). The force was 6.5 Mw.

Monitoring stations in Australia, New Zealand Hawai‘i and Guam confirmed the tremor.

(Our thanks to private weather forecaster resident on Niue, Darryl Spatz.)

For additional reports from the Niue Economic Review, go to PACIFIC ISLANDS REPORT News/Information Links: Magazines/Journals/Niue Economic Review.

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