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Team up or bail out
01 Sep 2006
When Neville Darrow retired as chairman of New Zealand's largest container port, the Ports of Auckland, he issued the warning that the country's ports will need to consolidate, or risk becoming just feeders to larger Australian ports.
The trailing suction hopper dredger, Queen of the Netherlands working in Melbourne
The reason, he says, is the growing pressure on ports owing to the concentration of shipping power in the hands of just a few companies worldwide.
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