Wellington's CentrePort seeks to join big-league ports, dredging for 8,000 TEU ships

Mon, 02 Feb 2015

By Jonathan Underhill Feb. 3 (BusinessDesk) - CentrePort plans to seek resource consents to dredge the shipping channel in Wellington harbour to make room for container vessels almost twice the size of those accommodated now, staking a claim to be among a handful of hub ports in a future of fewer, larger foreign ship visits. The project could cost between $20 million and $40 million and would be funded from existing facilities, said chief executive Blair O'Keefe. It would involve deepening two sections of the shipping channel at the harbo...

Unlock all stories
free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
Comprehensive business and markets coverage
News via email, web and Apple/Android apps

Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Find out more

Subscribe now

Name

E-Mail Address

Password

Confirm Password

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Cardholder's Name

Card

You will be charged in 10 days unless you cancel beforehand. We will remind you three times before charging you.
All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service {{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Or Subscribe with Google

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets

‘Greenwashing window’ is closing as FMA prepares hard look at sustainability claims

Dan Brunskill | Fri, 08 Jul 2022

The Financial Markets Authority has been reviewing ESG-labelled funds and is expected to ratchet up its enforcement of any unable to back up their claims.

Charities FREE

Jenny Gill: Guardian of the givers

Denise McNabb | Fri, 08 Jul 2022

Business of charity – We talk to Jenny Gill, a pioneer of the charities sector.

Markets FREE

Eroad shares on the road to recovery

Ella Somers | Thu, 07 Jul 2022

Jarden wealth management director Greg Main said Eroad was continuing its “recent recovery” and rising strongly after being heavily sold down.

Wellington's CentrePort seeks to join big-league ports, dredging for 8,000 TEU ships

Subscribe now

Or Subscribe with Google

Not convinced yet?

Your company has a subscription

Team