Red Sea attacks good for Mainfreight business - Forbarr

Red Sea attacks good for Mainfreight business - Forbarr
Air and ocean expected to reap the benefits of shipping disruption. (Image: Mainfreight)
Brent Melville
Transport and logistics heavyweight Mainfreight stands to benefit from Red Sea shipping route disruption that has forced major lines to divert container traffic away from the Suez Canal.Spot and contract rates for containers have more than doubled in some instances since the attacks –  there have now been 25 – by Houthi rebels on vessels began.  That’s resulted in ships diverting from the Suez Canal – which accounts for as much as a third of all global traffic – and adding as much as two weeks to the Asia...

More Infrastructure

Hopes MMH delisting will help rail line get built
Infrastructure

Hopes MMH delisting will help rail line get built

Crawford says a rail link to Northport is crucial for the port's growth.

Dileepa Fonseka 30 May 2025
Govt announces 'farmer-focused' RMA reforms
Primary Sector

Govt announces 'farmer-focused' RMA reforms

Proposed reforms cover freshwater, farming practice, mining and quarrying.

Pattrick Smellie 29 May 2025
Govt shifting consent priorities towards development
Policy

Govt shifting consent priorities towards development

The Government said it was releasing three discussion documents on the changes.

Oliver Lewis 29 May 2025