Recent Posts

Millions at stake in milk scare stoush

It’s high-stakes for Fonterra and its more than 10,000 farmer shareholders as the dairy cooperative tries to halt Danone’s multimillion-dollar action in the High Court at Auckland. The French food conglomerate wants compensation for alleged damages of the more than half a billion dollars it claims to have suffered as a result of last year’s botulism scare. The scare ultimately …

Read More »

Lyttelton Port details plans to expand to the east

Lyttelton Port of Christchurch has disclosed a $1 billion development plan as rival Port of Tauranga signs one of the country’s biggest logistics groups up to its terminal in Timaru. Lyttelton wants to reclaim land to the east for a new container terminal. The public will have better access to the western side of the port where a new marina, …

Read More »

Maersk, Port of Tauranga and Kotahi do a deal to bring big ships

Port of Tauranga has done a freight deal with the Fonterra Cooperative Group and Silver Fern Farms-led logistics company Kotahi and container shipping line Maersk that will facilitate the arrival of 6,500 TEU ships to New Zealand by the end of 2016. Kotahi has agreed to commit 2.5 million export containers to Maersk over ten years, giving the shipping company …

Read More »