Marsden Maritime warns of weaker log volumes

Marsden Maritime warns of weaker log volumes
Gavin Evans
Marsden Maritime Holdings said reduced log volumes through Northport are likely to weigh on full-year earnings.The firm, which owns half of Northport and has interests in marinas and commercial land around the port at Marsden Point, last month reported a 20 percent lift in first-half net profit.Today, chief executive Felix Richter said log volumes through the port – its major cargo – through to June 30 are unlikely to match those in the six months through December due to the coronavirus-induced slowdown in China and a backlog of cargos at ports...

More Primary Sector

Reducing farm emissions is about future proofing: Nestlé
Primary Sector

Reducing farm emissions is about future proofing: Nestlé

Dairy makes up 21% of Nestlé's scope 3 or 'on farm' emissions.

Rebecca Howard 04 Jul 2024
Jones heads to Oz to woo mining investors
Primary Sector

Jones heads to Oz to woo mining investors

Work has begun on a critical minerals list and stocktake.

Ian Llewellyn 03 Jul 2024
Litigation 'may have' disrupted BX Foods' timely accounts filing
Primary Sector

Litigation 'may have' disrupted BX Foods' timely accounts filing

The company was more than a year late in filing its 2022 accounts.

Riley Kennedy 03 Jul 2024