Port Otago reports substantial profit
NewsPort 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.
Ireland-based Liebherr Container Cranes Ltd (LCC) has finalised a contract with the Port of Tauranga, New Zealand, for the supply of a superpost-Panamax container crane. Four Liebherr container cranes already operate at the port, two of which were delivered in 1992 and the third (a tango type) in 1978 and a fourth in 2004. Included in the contract is upgrade and refurbishment work on two of these cranes.
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