Australasia – Page 17
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I Port development progresses
The developer of the NZ$500m Industrial Port (I PORT) are expressing confidence the site, in conjunction with the adjacent MidlandPort operation of Lyttelton Port of Christchurch (LPC), will become the key transport hub for the entire South Island.
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Victoria promotes Melbourne expansion
The Victorian Government has outlined its case for leasing the Port of Melbourne before a select committee inquiry convened to examine the case for the lease. The submission says a lease would best meet the goal of expanding the port.
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Kiwi ports experience differing years
Port Taranaki has returned a comparable dip of 3.2% in net after-tax profit to NZ$11.37m and CentrePort Wellington a rise of 4.2% in net after-tax profit (prior to earthquake and fair value adjustments) to NZ$12.3m during the 2014-2015 financial year.
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NewsMelbourne concessionaire will face tough oversight
The Port of Melbourne’s new owners are set for regular reviews to ensure they do not “misuse their power” to drive up port rents.
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Auckland sees southern potential
Ports of Auckland chief executive Tony Gibson has not ruled out the possibility of his firm furthering its expansion plans with an inland port development in Hamilton or the South Island.
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Ports prepare for health and safety changes
New Zealand’s port sector is liaising closely with Maritime New Zealand (MNZ) and WorkSafe New Zealand to ensure it is well versed with and taking a joint approach to the newly-passed Health and Safety at Work Act.
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Australia needs to look longer term
As Australia continues to see increasing moves towards port privatisation, the head of its competition watchdog has warned against making short-term gains at the expense of long-term benefits for the community.
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Victoria sets up infrastructure body
A new independent body, Infrastructure Victoria, is being set up to plan for the Australian state’s future infrastructure projects, including prescribing port development.
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NewsAuckland in Tauranga's backyard
Bay of Plenty export cargo is the primary target of an audacious move from Ports of Auckland to establish an intermodal freight hub within three kilometres of the Port of Tauranga.
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Auckland mulls semi-automation
Auckland is mulling over the prospect of partial automation and has kick-started a consultation process with staff to gauge sentiment.
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Records hatrick for Auckland port
Ports of Auckland has set New Zealand records in all three of the productivity measures monitored by the Ministry of Transport’s Freight Information Gathering System.
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NewsSydney and Brisbane fracas
The Maritime Union of Australia (MUA) says it will fight Hutchison Ports Australia in court after it sacked 97 workers at midnight by email and text last week.
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NewsMelbourne dispute canned by rent agreement
A new lease has been granted to DP World Australia by the Port of Melbourne Corporation (PoMC) for the port’s West Swanson Terminal, putting an end to months of disagreements between the two parties.
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NewsSpanner in the works
One port deal has thrown off the delicate balance of New Zealand’s cargo movements.
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NewsHutch scales back Australian services
Hutchison Ports Australia is to reduce its active bidding for services and reduce the size of offerings to customers, as it repositions after a difficult start-up period in Australia. A memo to business unit managers also announced that there will be employee lay-offs.
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Brookfield pounces on Asciano
Brookfield Infrastructure Group has moved to acquire ports operator Asciano in Australia. Asciano formally confirmed at the end of June it had received a non-binding bid to acquire 100% of its shares at a value of A$9.05 in cash and scrip (representing a fraction of a share).
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Auckland extension consent revoked
Ports of Auckland’s plans to build two 100m piled expansions at the end of Bledisloe Terminal have been scuppered by the High Court’s decision to revoke consent.
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NewsCash in the coffers
AJ Keyes looks at why the drivers behind the mass sell-off of terminal assets in Australia
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NewsMelbourne fee freeze only part of the solution
A fee freeze has been imposed by the Victorian government for the Port of Melbourne, but the Australian Logistics Council (ALC) says the outstanding issue of proposed rents to be charged at the port still needs to be resolved.
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NewsFremantle up for sale
The Western Australian government is looking to sell Fremantle Port to help fund major new projects without adding to debt.
