Australasia – Page 7
-
NewsNZ ports’ financial updates
Northport’s parent company, Marsden Maritime Holdings, has reported a comparable 3% dip in revenue to NZ$7.18m and 16% decline in net profit after tax to NZ$4.44m in its interim financial result.
-
NewsStop shirking port responsibility, government told
Australia’s national and state policy makers have ceded the responsibility for ports and shipping policy to the private sector, creating a policy misalignment in the process, according to Port of Newcastle chief executive Craig Carmody.
-
NewsAustralian port deal not disclosed
An inquiry into Port of Newcastle sale arrangements which favoured Port Botany and Port Kembla has found the “Port Commitment Deeds including the conditions of sale and the levy were not disclosed to the public or the Parliament” and should be investigated further.
-
NewsKPMG pans Newcastle development plan
A new KPMG report has added fuel to a long running dispute over port development in New South Wales (NSW) by finding that container investment at the Port of Newcastle is the worst choice for the Australian state with the highest costs and lowest benefit.
-
NewsDP World Australia faces strike action
Container terminals managed by DP World Australia are set for delays and increased turnaround times as stevedores with the Maritime Union of Australia (MUA) prepare to strike.
-
News
Fremantle narrows tender selection to incumbents
The West Australian Government is passing up the chance to open up Fremantle container operations to new competitors by narrowing the choice of tenderers to the current two operators, DP World and Patrick.
-
News
VICT latest to apply surcharge Down Under
Melbourne’s Victoria International Container Terminal (VICT) has become the latest Australian stevedore to apply an infrastructure surcharge, a move which has drawn criticism from industry.
-
NewsPort of Tauranga’s investment strategy pays off
Dave MacIntyre discusses how a focus on risk-management has paid dividends.
-
NewsPulling New Zealand’s port family together
Dave MacIntyre examines how a government review might bring the country’s ports closer.
-
News
Newcastle box terminal benefits
A container terminal at the Port of Newcastle could provide a A$6bn (US$4.1bn) boost to the New South Wales economy as well as significantly reducing truck trips through Sydney by 2050, according to a new report.
-
News
NSW to more than triple volumes by 2045
NSW Ports is forecasting a growth in containers through its port gateways from 2.4m teu to between 7.5m and 8.4m teu per year by 2045.
-
News
Auckland announces hydrogen project
A hydrogen-generating plant is to be built by Ports of Auckland (PoAL) to power hydrogen fuel-cell vehicles as part of the port’s programme to become a zero-emissions business by 2040.
-
News
Auckland to revamp supply chain
Ports of Auckland (PoAL) and the National Road Carriers’ Association (NRC) have announced a joint commitment to drive significant changes within Auckland’s overheated supply chain.
-
News
‘Price war’ to blame for Australian handling hikes
The Container Transport Alliance Australia (CTAA) has blamed a “price war to win shipping line contracts” for hefty hikes in infrastructure charges imposed by Australian stevedoring companies.
-
NewsNZ port splashing $20m on improvements
New Zealand’s Port Nelson is set to invest about $20m in the next year to year and a half on re-developing the Main Wharf North berth and buying a new Damen harbour tug.
-
NewsAustralian terminals rapped for anti-competitive deals
NSW Ports Operations Hold and its subsidiaries Port Botany Operations and Port Kembla Operations have had proceedings launched against them by the Australian Competition and Consumer Commission (ACCC) for making deals with the Australian state of New South Wales (NSW) that the ACCC claims had an “anti-competitive” purpose and impact.
-
NewsAustralian port sale impact inquiry begins
The New South Wales (NSW) Legislative Council''s Public Works Committee has commenced an inquiry into the impact of Port of Newcastle sale arrangements on public works expenditure in New South Wales.
-
NewsTougher economic climate for Oz stevedores
All Australian stevedores felt the pinch of a tougher economic climate last year, with profitability falling sharply during 2017–18.
-
NewsProfit boost for Ports of Auckland
Ports of Auckland has returned a comparable 8% increase in underlying profit after tax to NZ$59.2m and 9% rise in revenue to NZ$243.2m for the 2017-2018 financial year — albeit, incurring NZ$17.6m in items related to asset-valuation changes and impairments.
-
NewsAuckland box depots’ space shortage
A serious container depot space shortage has developed in Auckland driven by a larger-than-expected build-up of import boxes leading into the festive season, constraints on normal export and domestic flows from Auckland and progressive reduction in depot operators.
