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

 


Shipping Investment a Positive First Step

Shipping Investment a Positive First Step

The New Zealand Shippers’ Council (NZSC) welcomes last week’s announcement by Kotahi and the Port of Tauranga that will allow the Port to commence a long-term investment programme to enable it to receive bigger ships.

This step was a key recommendation in the New Zealand Shippers’ Council’s 2010 ‘Big Ships Report’. It is a positive move that will help exporters capture significant savings and remain competitive on the world stage, with continued access to overseas markets directly from New Zealand.

However, NZSC Executive Officer, Peter Morris said this is just the first step. “This announcement should not stop Auckland, Lyttleton and Otago continuing their investment to accommodate bigger ships. This will ensure they can support the future growth forecast in both exports and imports, and diversify risk away from a single port strategy.”

‘’This is a very significant and important development in our international supply chain and should be seen as the first of a number of developments and not the end game,” said Mr Morris.

The investment by the Port of Tauranga to dredge the Port and bring in bigger ships will not just benefit the container sector – the break bulk sector will also gain from the changes.

It is now up to NZSC members to work with carriers to ensure the necessary collaboration happens to fill the big ships without a significant lessening of competition. This will help protect New Zealand's international competitiveness for the long term. -ENDS-

If you would like more information, please contact Peter Morris at New Zealand Shippers’ Council on 021 564 154 or email: nzsc.executiveofficer@gmail.com

About The New Zealand Shippers’ Council www.shipperscouncil.co.nz

The Council is a not-for-profit organisation representing the supply chain interests of major New Zealand shippers, with members across all sectors including ports, freight forwarders, road and rail. In 2010, the New Zealand Shippers’ Council released its report ‘The question of bigger ships: securing New Zealand’s international supply chain’. The report indicated New Zealand exporters would save around $338 million a year as a result of a New Zealand port becoming capable of handling big ships.


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics: Net Annual Migration Passes 71,000

A record 71,300 more migrants arrived in New Zealand than left in the January 2017 year, Statistics New Zealand said today. This surpassed the previous annual record set in December 2016. More>>

ALSO:

Fossils: Ancient Penguins Lived Alongside Dinosaurs?

Penguins are much older than previously thought and their evolution probably dates back to the days of the dinosaurs, according to research on the fossilised leg bone and toes of a giant ancient penguin found in rocks near Waipara, North Canterbury. More>>

No Voda/Sky: Commission Declines Clearance For Merger

The Commerce Commission has declined to grant clearance for the proposed merger of Sky Network Television and Vodafone New Zealand. More>>

ALSO:

EARLIER:

Power: IEA Report On New Zealand's Energy System

Outside of its largely low-carbon power sector, managing the economy’s energy intensity and greenhouse gas emissions while still remaining competitive and growing remains a challenge. More>>

ALSO:

NASA: Seven Earth-Size Planets Around A Single Star

NASA's Spitzer Space Telescope has revealed the first known system of seven Earth-size planets around a single star. Three of these planets are firmly located in the habitable zone, the area around the parent star where a rocky planet is most likely to have liquid water. More>>

ALSO:

Auckland Transport Case: Men Guilty Of Corruption And Bribery Will Spend Time In Jail

Two men who were found guilty of corruption and bribery in a Serious Fraud Office (SFO) trial have been sentenced in the Auckland High Court today... The pair are guilty of corruption and bribery offences relating to more than $1 million of bribes which took place between 2005 and 2013 at Rodney District Council and Auckland Transport. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news