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  1. #251
    IMO
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    Aug 2010
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    Floating Anchor Shoals
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    9,696

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    Monopoly monopoly , monopoly thats irreplaceable and a forward looking mkt.

  2. #252
    Member glennj's Avatar
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    Dec 2001
    Location
    Westland based now.
    Posts
    193

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    Quote Originally Posted by Joshuatree View Post
    Monopoly monopoly , monopoly thats irreplaceable and a forward looking mkt.
    And strong export volumes!

  3. #253
    Senior Member Marilyn Munroe's Avatar
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    May 2010
    Location
    Hollywood
    Posts
    920

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    Some random dude told me the Tauranga joint venture Prime Port Timaru has stopped maintenance dredging and this has caused operational issues for visiting container vessels

    Boop boop de do
    Marilyn
    Diamonds are a girls best friend.

  4. #254
    Senior Member
    Join Date
    May 2018
    Posts
    710

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    Might see more traffic heading this way.

    I have been notified that on or after 13 th November 2020, there will be an implementation of an “Auckland Port Congestion Surcharge”.

    This is majorly due to Shipping Lines experiencing significant vessel delays with
    current waiting times up to 12 days, resulting in vessel omissions and contingencies
    significantly impacting their overall operational costs.
    The costs for this surcharge varies depending on the Shipping Line so we have out-
    lined the range as per the below:

    ANL USD 200.00 per TEU
    Hamburg SUD USD 215.00 per TEU
    Maersk USD 215.00 per TEU
    ONE USD 280.00 per TEU
    Cosco USD 300.00 per TEU
    MSC USD 300.00 per TEU

    Unfortunately this congestion surcharge will filter onto LCL shipments also and will
    be costed at this stage as additional USD 10.00 per cbm / tonne

  5. #255
    Member Onion's Avatar
    Join Date
    Aug 2013
    Posts
    483

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    Why has the SP dipped recently? Holders just bored with owning a reliable company?

  6. #256
    Member
    Join Date
    Jul 2020
    Posts
    72

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    Reportedly, shipping companies are pulling out of NZ. Only 3 servicing NZ now. Too much business in Northern hemisphere.

  7. #257
    Guru
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    Jul 2004
    Location
    Bolivia.
    Posts
    4,854

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    Quote Originally Posted by HCR20 View Post
    Reportedly, shipping companies are pulling out of NZ. Only 3 servicing NZ now. Too much business in Northern hemisphere.
    What companies have pulled out?

  8. #258
    Speedy Az winner69's Avatar
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    Jun 2001
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    , , .
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    37,738

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    Lots of their port workers not happy today

    https://www.stuff.co.nz/national/hea...ing-cargo-ship
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #259
    Guru
    Join Date
    Feb 2005
    Location
    Auckland, , New Zealand.
    Posts
    3,227

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    Quote Originally Posted by Sideshow Bob View Post
    What companies have pulled out?
    Six weeks ago it was not uncommon to see up to 10 ships sitting out in the Hauraki Gulf waiting to berth due to restrictions in the port operation. They are probably avoiding this wasted time.

  10. #260
    Speedy Az winner69's Avatar
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    With only 9 out of 95 of the port workers vaccinated you have to wonder how proactive management were at ‘encouraging’ them to do so

    Slack management ….they need to be accountable
    Last edited by winner69; 09-08-2021 at 05:05 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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