Australasia
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Port Nelson to spend $20m on improvements
13/12/2018New 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. READ more
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Australian terminals rapped for deals
12/12/2018NSW 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 READ more
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Australian port sale impact inquiry begins
27/11/2018The 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. READ more
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Property settlement at CentrePort
13/11/2018CentrePort Wellington has reached a NZ$170m settlement with insurers in relation to commercial properties damaged during the 2016 Kaikoura earthquake. READ more
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Auckland box depots’ space shortage
13/11/2018A 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 READ more
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Profit boost for Ports of Auckland
13/11/2018Ports 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 READ more
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Tougher economic climate for Oz stevedores
13/11/2018All Australian stevedores felt the pinch of a tougher economic climate last year, with profitability falling sharply during 2017–18. READ more
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ACCC blasts Melbourne stevedores
06/11/2018The Australian Competition and Consumer Commission (ACCC) has slammed stevedores charging truck and train firms unreasonably high fees for containers’ collection or delivery at the Port of Melbourne. READ more
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Napier hits back over criticised upgrade plan
18/10/2018The 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. READ more
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45% of Napier could be sold to fund growth
03/10/2018Hawke’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. READ more