Maersk launches coastal shipping service in NZ 'to restore reliability'
Maersk has launched a dedicated coastal shipping service in New Zealand, aiming to “restore network ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
It appears the days of Auckland as a major port for New Zealand are set to come to close after a government-commissioned study concluded that its cargo operations should be moved. This exhaustive report from WorldCargo News details how landside pressures have made operations at Auckland increasingly expensive – both economically and socially. It currently appears that Northport, located some 145km away, is the favourite to handle its cargo, but expect a long battle from the Ports of Auckland executive: “Ports of Auckland CEO Tony Gibson has slammed the report as a ‘jumble of made up facts’, in particular with regard to its its valuation of the port’s property. ‘This is the fifth port study in my eight years as CEO and, well, let’s say it’s not the best’, he said.”
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