CentrePort rejects Napier Port's expansion complaints

CentrePort rejects Napier Port's  expansion complaints
CentrePort: has support of shareholders (Image: CentrePort)
Brent Melville
CentrePort has no plans to invest the greater part of its earthquake insurance settlement into expanding its container services, with its biggest ticket item a $58 million upgrade of its Seaview wharf in Petone.This would refute claims by Napier Port published this week in BusinessDesk it was “a source of concern” to have its lower North Island rival sink $200m of its $472.5m payout from the 2016 Kaikoura earthquake into building more container capacity. The Wellington port also received a net $194.7m for claims under its comme...

More Infrastructure

Opening day congestion for untolled Penlink highway – NZTA
Infrastructure

Opening day congestion for untolled Penlink highway – NZTA

The road should be redesigned if the Government chooses not to toll, agency said.

Oliver Lewis 26 Jul 2024
Downtown car park building legal challenge 'resolved'
Infrastructure

Downtown car park building legal challenge 'resolved'

Society challenging the sale to Precinct raised 0.4% of its High Court funding target.

Oliver Lewis 25 Jul 2024
Govt to fight receivers over $30m Tui oil field tax credit
Infrastructure

Govt to fight receivers over $30m Tui oil field tax credit

Crown bid to have liquidators cover decommissioning costs is subject to approval.

Victoria Young 24 Jul 2024
Govt agrees 'in principle' to $10b worth of Northland roading PPPs
Infrastructure

Govt agrees 'in principle' to $10b worth of Northland roading PPPs

The Northland expressway project could be one of the first PPPs out of the gate.

Dileepa Fonseka 23 Jul 2024