Preparing for big ships nips port profit

Port of Tauranga’s first quarter 2015-16 (July-September) saw net profit after tax down 2 per cent on the previous corresponding period, reflecting interest and depreciation on the significant investment the company has made to prepare for bigger ship visits. Overall trade was also down 2 per cent, largely due to log exports being down 17 …
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Author: hellenicshippingnews

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