Consent delays tug at Port of Tauranga’s purse strings
The country's dominant export terminal has pushed back capex due to extended delays to its expansion plans.
Port of Tauranga, which accounts for about half of New Zealand's export receipts, will spend $90 million this financial year on terminal upgrades, with about $35m of that going to capital dredging to cater for bigger ships.
The port has also ordered a new, 32-metre hybrid rotortug, to be suppled out
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