Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Import News: Government to Review Shipping Cartels

Import News from the Importers Institute

8 May 2000 - Government to Review Shipping Cartels

The Government intends to review the exemptions and exceptions for shipping included in the Commerce Act, says Acting Minister of Commerce Trevor Mallard.

The Minister was responding to an earlier item of Import News, "Executives Caught Fixing Prices", 19 March 2000, in which we revealed that an exemption to the Act allowed six shipping companies to collectively raise their prices by more than $700 for a 20ft container imported from the US.

Mr Mallard told the Importers Institute the Government was "committed to a fair and competitive shipping policy" and had extended the final reporting deadline for the review from June this year to 31 March 2001.

The Government also intends to appoint the New Zealand Shipping Industry Review Team to conduct an inquiry into the future of the shipping industry. The Importers Institute has written to the Minister of Transport, Mark Gosche, to register an interest in that review.

The Importers Institute welcomes the Government's commitment to a fair and competitive shipping policy.

* *

Previous Import News items are published on our Internet site If you do not wish to be included in this mailing list, please reply to this message with the word REMOVE in the subject line. If you would like us to send Import News to friends or associates, please ask them to email with the word SUBSCRIBE in the subject line.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>


Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>


RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>


ScoopPro: Helping PR Professionals Get More Out Of Scoop has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>