Meridian expands in Australia, hopes for rain
Meridian Energy will be hoping tropical storms that have brought flooding to much of the country’s eastern coast will deliver some respite for its dams in New South Wales.The company bought the Hume, Burrinjuck and Keepit power stations from Trustpower in early 2018 to underpin t...
Foresters, ports watching for March virus impact
Foresters and ports are preparing for further deterioration in log exports on signs Chinese wharves may be close to capacity as coronavirus keeps large parts of the world’s second-largest economy shut.Port of Tauranga today trimmed its full-year profit forecast on risks that trad...
Port of Tauranga trims guidance on virus risk
Port of Tauranga has trimmed its full-year profit forecast by $2 million on the back of reduced export log volumes due to the coronavirus.The country’s largest port will likely report June-year earnings of $94 million to $99 million, chair David Pilkington said in a statement. In...
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