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.
A report from the New Zealand Shippers’ Council (NZSC) on the potential benefits of introducing 7,000 TEU ships to New Zealand routes has sparked an argument about whether Ports of Auckland Ltd (POAL)’s dredging plans are adequate for the next five years.
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