MMH - Marsden Maritime Holdings

[Balance]

10 THINGS YOU MAY NOT KNOW ABOUT THE PORT ISSUE - FROM NZ HERALD

1. That wall of containers on port land at the bottom of the Strand: they're empty. Any stack three of more high is just storage.

2. The working group talked to 78 companies in the freight business, or impacted by it, and over 90 per cent said they wanted better rail services.

3. The price of goods does not go up, in general, the further they have to travel. Christmas toys cost the same in Ashburton as they do in Auckland. This is because prices are not usually set on a cost-plus basis. So the idea that a longer supply line will increase costs to consumers is debatable, at best.

4. If moving the port and transferring freight haulage to rail succeeds, Auckland probably won't need a new harbour crossing for decades.

5. Short of closing all schools, moving the port would reduce traffic on Auckland roads more than any other single measure.

6. The Port of Tauranga has not been ignored or rejected. The plan says it should expand quickly and take up what capacity it can. But there are geographic constraints. Northport has the bigger potential.

7. The Auckland port currently employs 500 people. But not for much longer. Most of the container operation will be automated, probably next year.

8. Ports of Auckland and consultancy NZIER say GDP will fall by $1.3 billion if goods have to enter the country at Northport and Tauranga and be rail freighted to Auckland. That's an analysis of transport costs, and is disputed by the working group. Further, it doesn't take account of the opportunity cost of keeping the port at Auckland or of developing the whole of Northland on the back of Northport.

9. A 1000-tonne train with a diesel engine can take the load of 30 large trucks, with only a third of the carbon emissions. Emissions from an electrified train are much less again.

10. How many cars can you get on a train? So many, this many - picture shows hundreds.

[Balance]

https://www.newshub.co.nz/home/new-z...go-unused.html

$60m for 3 new cranes sitting idle & unused for 2 years - this is how the POA recklessly spend ratepayers' money.

Well, here's to the budget tomorrow.

Sp has been firming ahead of the budget - what's in it?

[Aaron]

Some big names getting behind the idea.

https://www.msn.com/en-nz/news/natio...cid=spartanntp

although a bit late for the budget announcement this week.

It must be gaining some momentum as a viable option.

[Balance]

Some big names getting behind the idea.

https://www.msn.com/en-nz/news/natio...cid=spartanntp

although a bit late for the budget announcement this week.

It must be gaining some momentum as a viable option.

Thanks for posting that. Net $2 billion is chicken feed over 10 years to get all the benefits of opening up Auckland's waterfront, getting a long term efficient port up in Northport and best of all, getting rid of the fat cats in POA.

Excerpt : "Key pointed out this made the cost difference between staying and shifting about $2 billion.

"What people sort of forget, is that staying there is no free lunch. It costs you $8 billion to stay there over the same timeframe. To me, then you start saying okay, if we are really talking this costs $2 billion.

"By any definition moving a port might be a 10 or 15 year project. Well, in that 15 year period, the Government of New Zealand will spend about a trillion dollars. So $2 billion? Yeah OK it is a lot - but Auckland is going to be a big city by then."

[whatsup]

IMHO I wouldn't trust Clarkie, *he intimated that Peter Ellis was guilty of fiddling with the kiddies, total B S just like the this pipe dream !

[Aaron]

IMHO I wouldn't trust Clarkie, *he intimated that Peter Ellis was guilty of fiddling with the kiddies, total B S just like the this pipe dream !

Anything to say about John Key's view??

[glennj]

The shift will happen. It is just a matter of when! POA's crane debacle is just another in a long list of stuff ups. POT's management have consistently outperformed those at POA. One has to wonder if it is
the Council that is the problem at POA? Now is is a great time to progress the shift of POA from Auckland to Northport!

[whatsup]

The shift will happen. It is just a matter of when! POA's crane debacle is just another in a long list of stuff ups. POT's management have consistently outperformed those at POA. One has to wonder if it is
the Council that is the problem at POA? Now is is a great time to progress the shift of POA from Auckland to Northport!

Glenn, That will not happen, say after me , "the PoA will still be where it is now in 10 years time " . repeat until you understand !

[RTM]

Once this years budget comes out, tomorrow I think , punters ( not investors who have optimistically loaded up here ) will realise just how broke this country is and will be for the next 10 years, the business case for any move now is well and truly under water, not going to happen.

Sell now before the dreamers wake up !

I repeat....

"I don't think anyone is saying it will be next week Whatsup. A transformational change of this scale will happen in stages over time.
But even to achieve it in 10 years....with the way NZ Inc manage things, the planning and building blocks need to go into place now.
As per above, would be great if they can progress the railway link in the next round of infrastructure.
That would be a great signal of the decision to come later in the year."

[Scrunch]

Some big names getting behind the idea.

https://www.msn.com/en-nz/news/natio...cid=spartanntp

although a bit late for the budget announcement this week.

It must be gaining some momentum as a viable option.

But what this does show is that the idea can fly for both those on the left and right of the political spectrum. This increases the chance of it being successfully implemented because it de-risks the political "reversal" risk. Eagerly waiting on tomorrow's budget.