China Forestry fails to keep evidence in NZ during shipping dispute

China Forestry fails to keep evidence in NZ during shipping dispute
The Achilles Bulker has been at Port of Tauranga since the rudder accident in July. (Image: Supplied)
Oliver Lewis
The New Zealand arm of a multinational forestry group has failed in its bid to have evidence of a shipping failure preserved in NZ to help it with offshore arbitration.On July 24, the Achilles Bulker lost its rudder as it left Port of Tauranga.The ship, owned by SE Apex Corporation (SEA), was carrying logs owned by China Forestry Group Corporation (CFGC) NZ, a large forestry manager and exporter. CFGC had sold the logs but the buyer terminated the contract because China Forestry wasn’t able to deliver, so CFGC is claiming against SEA...

More Law & Regulation

Migrant exploitation reports rise
Law & Regulation Exclusive

Migrant exploitation reports rise

MBIE says the rise most relates to the accredited employer work visa scheme.

Commercial heavyweights become KCs in bumper round
Law & Regulation

Commercial heavyweights become KCs in bumper round

Last year, only Attorney-General Judith Collins was appointed a King's Counsel. 

Victoria Young 27 Jun 2024
Megaupload execs banned from being company directors until 2028
Law & Regulation

Megaupload execs banned from being company directors until 2028

Former Megaupload executives Mathias Ortmann and Bram van der Kolk have been prohibited from managing or directing any companies for five years, the Ministry of Business, Innovation and Employment (MBIE) says.In June 2022, Ortmann and van der Kolk broke with Megaupload founder Ki...

Staff reporters 21 Jun 2024