Infrastructure

Explore the latest infrastructure news by BusinessDesk. 
Auckland airport numbers suggest exports are hurting more than imports
Infrastructure

Auckland airport numbers suggest exports are hurting more than imports

Cargo through Auckland International Airport was already down before the coronavirus crisis began but early indications are that the decline is accelerating, according to chief executive Adrian Littlewood.So far, export volumes appear to be suffering the most.The airport has prov...

Jenny Ruth 13 Mar 2020
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Huntly critical as pre-winter gas supplies reduced
Infrastructure

Huntly critical as pre-winter gas supplies reduced

Genesis Energy’s dual-fuel Rankine units at Huntly may play a critical role maintaining power supplies this winter should further maintenance be required at the Pohokura gas field, a leading analyst says.The three 250 megawatt generators can run on either coal or gas, but burned...

Gavin Evans 13 Mar 2020
Auckland Airport shares halted as it weighs up travel ban
Infrastructure

Auckland Airport shares halted as it weighs up travel ban

Trading in Auckland International Airport shares has been halted while the country’s main gateway works out what a ban on travel from Europe to the US means for its business.The company sought the halt just before 4pm, with the shares down 8.1 percent at $7.73. Like other travel-...

Paul McBeth 12 Mar 2020
Marsden Maritime warns of weaker log volumes
Infrastructure

Marsden Maritime warns of weaker log volumes

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-...

Gavin Evans 11 Mar 2020