Tranz Rail up for sale

Port Otago’s 2023/24 financial report reveals a 30% increase in net profit, reaching NZ$ 30.4 million (US$ 19 million), driven by four core business units.

Northport in New Zealand is appealing a decision denying resource consents for its planned expansion to create a larger container terminal and facilities.

New Zealand’s largest ports, Port of Auckland and Wellington’s CentrePort, will be the first in the country to invest in electric empty container handlers.

Northport in New Zealand has been denied resource consents for a planned container terminal expansion.

Total bulk cargo volumes of 861,000 tonnes were down 6% for the six months, due to log volumes being 7% lower at 504,000 tonnes.

This enhancement facilitates domestic freight delivery and ensures seamless connections with international shipping services to reach offshore markets.