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.
What has become endemic congestion at Los Angeles has proven intolerable for members of the Vessel Sharing Agreement (VSA) operating between Australia/ New Zealand and the West Coast of North America, who have been forced to make major operational adjustments to their twin fixed-day-weekly (FDW) services.
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