South Port signals 40% rise in maintenance spend

Thu, 29 Aug 2019

By Gavin Evans Aug. 30 (BusinessDesk) - South Port New Zealand, operator of the port at Bluff, is forecasting a 40 percent increase in maintenance spending during the coming two years as it works to extend the life of its assets. The country’s southern-most port has been quietly ramping up its repair and maintenance spending to ensure the integrity of its man-made island harbour. It expects that spending to increase to about $3.5 million in the current year and $4 million in the following year. That is up from $2.8 million in the June...

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