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Monday, 23 September 2013 17:16

Melbourne posts $66M profit

Port of Melbourne Corporation (PoMC) has posted a $66 million profit for 2012-13 despite a 1.6% decline in trade on the previous year.

Published in Regulation and Policy

The state government of Western Australia (WA) is considering selling assets held by port authorities, Australia’s public broadcaster is reporting.

Published in Finance Deals
Tuesday, 13 August 2013 11:49

Tauranga buys half of Timaru

Port of Tauranga will pay NZD 21.6 million (US$ 17.3M) for a 50% share in PrimePort Timaru, have today announced the two ports, which are located respectively on the North and South Islands of New Zealand.

Published in Finance Deals

“The Australian” is today reporting that Global Infrastructure Partners (GIP) is contemplating the exit of its $1.2 billion stake in the Port of Brisbane.

Published in Finance Deals
Friday, 12 July 2013 16:00

Deeper Auckland

New Zealand’s Ports of Auckland announced yesterday that it has finished deepening the northern berth at the Fergusson Container Terminal, allowing for the simultaneous servicing of two large ships.

Tuesday, 09 July 2013 12:15

Australian deal for Kalmar

Kalmar, part of Cargotec, announced today that it has been awarded an order to supply 20 reachstackers and 20 forklift trucks to Pacific Materials Handling, one of its primary dealers servicing the Australian Pacific territory.

New Zealand-based oil company Z Energy has said that it has received resource consent for an additional 10 million litres of bulk fuel storage at the Port of Tauranga at Mount Maunganui, but it hasn’t committed to the investment yet.

Published in Energy Ports

The government of the Australian state of New South Wales is contemplating a privatisation of the Port of Newcastle, which calls itself the world’s largest coal export port.

Published in Energy Ports

Lyttelton Port of Christchurch (LPC) is buying a ship-to-shore (STS) gantry crane and four diesel electric straddle carriers for its container terminal, which has been handling growing volumes of cargo.

Container terminal Port Otago, in southern New Zealand, has ordered two diesel electric straddle carriers from Kalmar, the Finland-based manufacturer has announced.

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Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

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