OCEANIA

NZ snippet articles (Nov 2008)

18 years ago

New Zealand port company directors and shareholders need to take a wider view of the potential value and efficiencies that could be secured via combinations and mergers, according to South Port chairperson John Harrington.

“It is almost certain that if and when rationalisation takes place, control of the land and infrastructure should remain in local ownership while the operating activity is transferred into new hands,” he recently told shareholders.