Does anyone have any opinions about MMH should Winston Peters port relocation plan from Auckland to Northport gain traction? I know it would be a longterm project.Are we looking at another POT?
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Does anyone have any opinions about MMH should Winston Peters port relocation plan from Auckland to Northport gain traction? I know it would be a longterm project.Are we looking at another POT?
Winston's port relocation bribe, was solely to get himself re-elected in Northland,and Shane Jones elected in Whangarei.
Neither happened,or will ever happen,so the port relocation is dead in the water.
This years election will be the last time imo that NZF goes to the trough.
Would need some imagination and vision by multiple parties.
Imagine Auckland without much of a port. All that heavy traffic gone. A downtown stadium. Residential development all the way along the water front. All sorts of public access to the waterfront. A really nice cruise ship terminal. Wouldn't it be great ?
Would transform Auckland.
Imagine how much an active port would help Northland. A decent freight railway between Northport and Auckland / New Zealand.
Would transform Northland.
Not sure that it will all stack up in dollars and cents, how do you measure the social improvements ?
I hold a few, as always wish I had more, the dividend yield has been wrecked recently....not sure if I am happy or sad !
Cheers
RTM
While there are certainly some benefits to moving the port there are also a number of costs - including the headache of getting all the exports and imports to and from Northland by road and rail, the disruption to lives of many port workers who would be faced with a choice between uprooting themselves and their families and finding new jobs, the considerable environmental impact in Whangarei and the large number of dollars required to make it happen.
MMH should continue to do well regardless but the share price is now pricing in quite high growth expectations.
http://www.radionz.co.nz/news/politi...rthland-peters
"The pledge is a cast iron commitment, he said, but was conditional on his party being in a pivotal position after the elections and voters in Auckland and Northland needed to adjust their ballot, he said."
972,000 containers were off loaded in Auckland last year all of that will have to be transported down to Auckland, at whose cost?
For the cars alone that were offloaded in Auckland last year there would be a carhauler travelling through Wellsford every 6 minutes each and every day so those cars can get to the distribution market and onto car yards, who pays ?
IMO Winstone is a nightmare waiting to happen, IMO Winstone is a w@nker !
Ask Northlanders if they would be interested in a transport solution which removes a large number of logging trucks from their roads.
As I said in a post in the elections section the cost of building a rail spur line to the port is minimal when compared to Nationals grandiose road building plans.
Boop boop de do
Marilyn
Yes very sensible and practical and at minimal cost .
Yeh right $2,000,000,000 (BILLION) cost for 150 jobs, great business plan Winstone !
The economics of shifting the port from Auckland to Northland are actually very compelling. Just the savings from shifting all those trucks off Auckland roads and the motorway alone has been estimated to be in the billions of dollars in building new roads and maintaining existing roads, relieving traffic congestion and logistics savings.
Remember that there is already an Auckland inland port in Otahuhu which receives containers and goods by rail and trucks, and trans-ship to other parts of Auckland and North Island - saving hugely on transportation time and cost. Hamilton is looking to build an inland port for precisely the same reason.
Not too difficult to build an upgraded rail link as there is already one in place.
an article on the subject. http://www.stuff.co.nz/auckland/loca...g-in-whangarei
Might not be overly difficult to get a spur line out to Marsden point but the real issue lies in how to get the freight thru West Auckland. To get the logs off the road a fair amount of work will need to be done on the mothballed line north of Whangarei too so a bit of infrastructure dollars needed. Not saying its a bad idea but if you are going to bring ports of Auckland to Ruakaka its not really an either or decision, both roading and rail are required.
There are no logs exported from Auckland port so trucks will continue to be used to move logs to Northland port from the northern regions (as is the case now).
The issue is really the containers and cars - absolute madness to have the trucks and car carriers congesting Auckland roads and motorways as they currently are, and will continue to do so until the port is relocated.
For me, a rail link system(freight and passenger) to Whangarei should also shift the dynamics of economic growth away from an Auckland bursting at the seams (especially re affordable housing) to the less populated Northland region where land is a plenty but economic growth and opportunities have been limited.
YEH RIGHT , ship all of Aucklands 972,000 import containers last year to Marsden Point then truck them down to Auckland for distriubution then truck the 972,000 ones for export back up from Auckland to Marsden P , never mind the carbon pollution that double handelling cost forget about the planet all that for how many employees, 150, great business plan and that ontop of the car haulers at one every 6 minutes, as do your sums how many trucks is this on the poor Northland Roads , forget about the traveling public they can move to the S I , its a wonder that Winstone hasn't made that as a bottom line.
P S , just done the sums, so O K , 60 minutes/hour X 24hrs /day X 6 days / week x 52 weeks = 449,280 ( minutes / year ) .
972,000 containers last year allow for say 5% growth for this year .
972,000 containers divided by 449,280 minutes = that's one container passing through Wellsford every 2 minutes 16 seconds and that is not counting the export containers heading north, or the cars that are imported on car haulers also heading north and south !!!!
Not sure which part of rail system you cannot comprehend but here's something for you to further comprehend - a train can haul 100 TEUs along the dedicated rail line.
So on your numbers, get your mind around how wonderful it will be to take all those trucks off the road!
You can understand why the Trucking Association has come out, all guns blazing and trying to shoot down the proposal?
Do you know the state of the rail in northland , 50 years of neglect not to mention the tunnels and the tracks that need to be widened and up graded by whom the N Z govt ( people ) or the Rail Corp.
Read the study that was prepared on this subject 2 years ago !!! dooooooough dumd imo another w@nker winstone decision.