Oceania

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…

The owner of New Zealand’s Napier Port has dismissed concerns about its planned NZD$350m upgrade and that the port’s recent growth could be short-lived.

Hawke’s Bay Regional Council could sell up to 45% of Napier Port in New Zealand to fund the port’s growth requirements, while retaining majority ownership and balancing the council’s investments.

Berth congestion at the Port of Auckland has seen schedule changes and operational delays at other ports receiving diverted ships.

Australias Port of Newcastle has responded to receiving unsolicited bids to develop a container terminal at the port by encouraging more bids from other prospective investors.

Port of Tauranga has returned a comparable 13% increase in net after-tax profit to NZ$94.3m and 10.9% rise in revenue to NZ$283.7m in the 2017–2018 financial year.

DP World has defended its controversial terminal infrastructure access charges, saying they are essential to keep the entire supply chain competitive.

The world”s foremost coal export port is targeting business diversification initiatives, but its plans are being stymied, writes Iain MacIntyre.