Turners’ convertible bond issue, which closed last week, was fully subscribed, with applications totalling $25.56 million. The new bonds are expected to commence trading on the NZDX on October 3. And as a result of Read More
Turners’ convertible bond issue, which closed last week, was fully sub ...
The NZ Transport Agency has issued its recommendations for charging plug standards – recommending we shift to a European style system where cars carry their own charging leads. The agency is recommending the market moves Read More
The NZ Transport Agency has issued its recommendations for charging pl ...
Transport minister Simon Bridges has released New Zealand’s plan to address emissions from air travel.
The minister is lodging the New Zealand aviation emissions reduction action plan with the International Civil Aviation Organization (ICAO) at its annual summit.
The plan outlines current and planned measures to address aviation emissions and covers four principal parties – government, air traffic control, airports, and airlines. Continue reading “Govt releases plan to tackle aviation emissions” »
Transport minister Simon Bridges has released New Zealand’s plan t ...
GUD Holdings is announcing its acquisition of automotive accessory wholesaler, Griffiths Equipment Limited, with the transaction completing on October 1.
Griffiths has managed the distribution of Narva and Projecta products in New Zealand for many years, of which annual sales are approximately $10 million.
Griffiths has been active in the New Zealand market since 1960 and also sells a range of automotive accessories under its own brand. Continue reading “Griffiths Equipment acquired by GUD Holding” »
GUD Holdings is announcing its acquisition of automotive accessory ...
The proportion of renewable energy used in New Zealand continues to reach record levels.
The finding was released in the annual Energy in New Zealand report, which shows that renewable energy provided 40.1% of New Zealand’s total primary energy supply in 2015.
“This is a record high, placing us third in the world behind other renewable superpowers Iceland and Norway,” says energy and resources minister Simon Bridges. Continue reading “Renewable energy use reaches record levels” »
Simon Bridges The proportion of renewable energy used in New Zealan ...
Earthrace team skipper Pete Bethune is calling the proposal by Team Britannia’s Alan Priddy to beat the record for a diesel fuelled powerboat to circle the globe an environmental nightmare
In 2008, Bethune said he lead the Earthrace team in setting a new record for a powerboat to circle the globe, running biodiesel fuel made from waste cooking oils.
“When Priddy recently announced his plans to try and take this record, I sat on the sidelines biting my tongue, not wanting to criticize another man’s dream,” says Bethune. Continue reading “Diesel fuelled record attempt environmental nightmare says Bethune” »
Earthrace team skipper Pete Bethune is calling the proposal by Tea ...
The International Air Transport Association (IATA) is focused on achieving a global market-based measure to help the aviation industry manage its carbon footprint.
It is using the forum of the 39th Assembly of the International Civil Aviation Organisation (ICAO) from September 27 to October 7 to urge governments to agree to a global market-based measure (GMBM).
It advises that the GMBM must focus on real emissions reductions and not revenue raising for governments, take into consideration differing circumstances of airlines based on maturity of markets, and not distort competition. Continue reading “IATA set on global carbon footprint measure” »
The International Air Transport Association (IATA) is focused on achie ...
Port Otago has reported an improved dividend of $7.3 million to its parent Otago Regional Council for the year to end June 2016.
Group profit was recorded as $34.1 million compared to $52.4 million for 2015, though last year’s results included $27.9 million from the sale of the port’s strategic investment in the Lyttelton Port Company.
The performance came on the back of a 6% increase in export container volumes and higher investment property valuations. It wasn’t all plain sailing however, with reduced containerised imports, less cruise vessels and lower log volumes impacting the result. Continue reading “Port Otago sails on” »
Port Otago has reported an improved dividend of $7.3 million to its pa ...
Auckland Transport has released a video of what the Manukau bus station will look like once complete.
The new bus station – scheduled for completion in the second half of 2017 – will be located next to Manukau’s train station in the heart of the new public transport network for south Auckland.
Enabling works to prepare the site for main construction works have been completed, which included installing a new stormwater management system, vertical sand drains, drainage blanket and preload through the middle of the site. Continue reading “Sneak preview of Manukau bus station” »
Auckland Transport has released a video of what the Manukau bus statio ...
The collaborative alliance for transportation and road services in Northland is appointing a former Kamo resident Peter Thomson as its inaugural manager.
Thomson will be joining the Northland transportation alliance early in the New Year.
The alliance was established in July this year, with the aim of sharing resources to deliver better, more cost-effective transportation options to the people of Northland. Continue reading “Northland transportation alliance appointing inaugural manager” »
Peter Thomson The collaborative alliance for transportation and roa ...