Oceania

South Port has returned a comparable 13% rise in net after-tax profit to a record NZ$8.7m and 6% increase in revenue to a record NZ$36.7m during the 2015-2016 financial year.

An inquiry into attempts to thwart that growth of container traffic at the port of Newcastle have led to two extraordinary bombshells exploding in Australia politics.

Manukau Harbour and the Firth of Thames have been selected as the two potential sites for a possible future relocation of Ports of Auckland (PoAL).

A net reduction of seven staff has been actioned by Port Taranaki following a four-month business review encompassing all areas of port operations.

The New Zealand government has announced NZ$25m (US$17.6m) worth of road access improvements to Napier port as one of the first actions of Matariki, the Hawke’s Bay Economic Development Strategy.