Oceania

Competitive trading conditions have seen Auckland Regional Holdings drop Ports of Aucklands book-value from NZ$587.8m (US$323.4m) to NZ$495.7m (US$272.7m). The Auckland Regional Council subsidiary also expects a NZ$24.3m (US$13.4m) dip in the…

A new port will be built if approval is forthcoming for a 30 million-tonnes-a-year coal mine in Queenslands Galilee Basin. Hancock Prospecting has studied Abbot Point and Dudgeon Point, to the south…

Lyttelton Port of Christchurch has returned a comparable 7.3% rise in net after-tax profit to NZ$10.3m (US$5.7m) and 9.2% increase in revenue to NZ$83.4m (US$45.9m) for the 2007-2008 financial year. 

An A$105m (US$68m) contract to build the port of Newcastles third coal terminal has been awarded to the Thiess company. The contract involves building a terminal of 33m tonnes per year capacity,…

Cosco Group global chairperson and chief executive Captain Wei Jiafu has signalled his organisation may be weighing up investment in the Australasian port sector. 

Five stevedoring groups have been invited to tender to operate Port Botanys third container terminal.