Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Infrastructure
UPDATE: Napier Port beats guidance, maintains 2020 log forecast
(Adds CEO comment on log outlook from 9th paragraph. Updates shares.) Full-year earnings at Napier Port Holdings beat the company’s prospectus forecast by 3.2 percent on record log volumes and as higher than projected refrigerated cargo volumes boosted container volumes and av...
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Infrastructure
Napier Port beats FY forecast; monitoring log export outlook
Full-year earnings at Napier Port Holdings beat the company’s prospectus forecast by 3.2 percent on record log volumes and as higher than projected refrigerated cargo volumes boosted container volumes and average revenue. The firm, which listed its shares in August, reported n...
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Infrastructure
OMV selling out of Maari oil field
OMV has agreed to sell its majority stake in the Maari oil field as part of its strategy to shift its production away from heavier-emitting resources.The firm, which also manages the Maui and Pohokura gas fields, will sell its 69 percent interest in the offshore field to Singapor...
Infrastructure
Telcos urge govt to act on 5G scaremongering; ministers ignore visiting 'expert'
New Zealand's largest telecommunications operators are urging the government to step up efforts to counter scaremongering suggesting that microwave exposure from 5G internet services could affect human health.Opponents of the emerging technology have announced a four-date nationa...
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