Global covid-related supply chain disruption worsens

Global covid-related supply chain disruption worsens
Port of Tauranga CEO Leonard Sampson said the port is coping. (Image: Getty)
Jenny Ruth
Briscoe Group, a major importer, said the global logistics disruption caused by the covid-19 pandemic is getting worse, not better.Mainfreight, which has freight and logistics operations around the world, said it's getting worse.Last week, the Financial Times reported there were more than 350 container ships around the world lying at anchor waiting to get into congested ports.Its handy map showed this included five container ships sitting off New Zealand ports.Our largest port, Port of Tauranga is coping although "container vessels are...

More Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold
Economy

OceanaGold says new Waihi mine will yield 34 million grams of gold

Wharekirauponga Underground is one of the Government's fast-track projects.

Greg Hurrell 12 Dec 2024
Card spending eases in November vs October
Retail

Card spending eases in November vs October

But there is cheer for the hospitality industry. 

NZers fear RBNZ's digital currency plan's privacy risks
Economy

NZers fear RBNZ's digital currency plan's privacy risks

The biggest concern about digital cash is the potential for Government control.

Rebecca Howard 10 Dec 2024
RBA set to keep rates steady while growth concerns linger
Finance

RBA set to keep rates steady while growth concerns linger

The central bank’s policy meeting is slated for Tuesday