Timaru port boss takes a crack at Fonterra, KiwiRail as shippers leave

Tue, 10 Jul 2012

July 10 (BusinessDesk) - Timaru has lost its container port thanks to New Zealand government subsidies for its KiwiRail business and dairy cooperative Fonterra's decision to bypass Timaru in favour of Port of Lyttelton three years ago, says Timaru port's chief executive Jeremy Boys. In a statement issued to BusinessDesk, Boys said the decision by global container lines Maersk and Hamburg Sud to stop calling at Timaru stemmed from Fonterra's decision to "overturn the prevailing logic to bring ships to the cargo" and send most of its South Islan...

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