Marsden Maritime Holdings shareholder hopes NZX delisting and Port of Tauranga partnership will help get rail line built

Marsden Maritime Holdings shareholder hopes NZX delisting and Port of Tauranga partnership will help get rail line built
Northport is currently only 50% owned by Marsden Maritime Holdings. (Image: NZME)
Dileepa Fonseka
Northland Regional Council chair Geoff Crawford says taking Marsden Maritime Holdings private with Port of Tauranga and Tupu Tonu will make it easier to push for a rail connection to Northport.Crawford thought having Port of Tauranga onboard with the expansion of Northport would help get the rail link to the port built and unlock more value in the company."We can't really develop our port into a world-class, deepwater port without the rail link, and so the lobbying that, obviously, Ports of Tauranga and ourselves can do – it'...

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