Oceania – Page 8
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Tougher economic climate for Oz stevedores
All Australian stevedores felt the pinch of a tougher economic climate last year, with profitability falling sharply during 2017–18.
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Profit boost for Ports of Auckland
Ports 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 impairments.
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Auckland box depots’ space shortage
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 and progressive reduction in depot operators.
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Property settlement at CentrePort
CentrePort Wellington has reached a NZ$170m settlement with insurers in relation to commercial properties damaged during the 2016 Kaikoura earthquake.
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ACCC blasts Melbourne stevedores
The 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.
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Napier hits back over criticised upgrade plan
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.
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45% of Napier could be sold to fund growth
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.
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Auckland congestion pressures other ports
Berth congestion at the Port of Auckland has seen schedule changes and operational delays at other ports receiving diverted ships.
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Striking Papeete port workers blocking cargo
A general strike in French Polynesia has seen cargo stuck in the Port of Papeete following action by port workers.
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Newcastle responds to unsought terminal bids
Australia''s 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.
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New Zealand ports return half year profits
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.
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Concerns over Kiwi port surveying
Safety and economic impact concerns have been raised over the lack of standardisation of hydrography surveying practice within New Zealand’s port sector.
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Tasmania's multi-million port plan
A $144m set of investment plans for port infrastructure has been unveiled for ports in Tasmania to futureproof the Australian state for the next 15 years.
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DP World defends charges
DP World has defended its controversial terminal infrastructure access charges, saying they are essential to keep the entire supply chain competitive.
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Newcastle looks beyond bulk horizon
The world”s foremost coal export port is targeting business diversification initiatives, but its plans are being stymied, writes Iain MacIntyre.
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TasPorts reveals AUS$200m Port Master Plan
TasPorts has unveiled its Port Master Plan to spend AUS$200m in port infrastructure improvements over the next 15 years.
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Auckland charged over swimmer's death
Charges have been filed in the Auckland District Court this month in relation to the death of ocean swimmer Leslie Gelberger, who was thought to have been struck and killed by a 15-metre aluminium pilot boat in Auckland Harbour last April.
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Real cost of port shortfalls in Australia
Impediments to efficiency in Australia’s port network ultimately impact negatively on the cost of living for Australians and Australia’s competitiveness on the international stage, according to Ports Australia chief executive Mike Gallacher.
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Adani ready to sell Abbot Point stake
Investment bank Rothschild has been appointed by Adani to sell a stake in its Port of Abbot Point port operations in Australia''s Queensland.
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Newcastle invests in bulk boom
A new A$33m common-user bulk terminal is to be built at the Australian Port of Newcastle’s Kooragang Island.