ARCHIVES

Port improves efficiency, gains capacity

1 June 2017

Ports of Auckland has repositioned the cranes at its container terminal to make it more efficient and capable of dealing with its growing freight demand.

Climate change funding approved

31 May 2017

New funding of $3.3 million has been approved for eight climate change research projects in the agriculture, horticulture and forestry sectors.

Building activity supports domestic logs

30 May 2017

New Zealand building activity shows little sign of slowing, good news for the forestry industry that supplies about half of its production of logs to the local market. 

Forest firm's profit higher than sales

29 May 2017

Forestry Fund 9 NZ, a New Zealand forestry company owned by global investment manager GMO, recorded a 28% gain in the value of its forest assets in 2016, reflecting strong prices for logs, more efficient harvesting and generally lower discount rates used by valuers.

Record April exports stretch trade surplus

24 May 2017

Earnings from New Zealand’s exports were driven to a record high for April, expanding the trade surplus to the largest value since March 2015.

Signs good for timber exports

19 May 2017

It’s been more of the same for forestry exporters over the past month with Chinese demand continuing to track comfortably above 2016 levels.

New $5 million earthquake fund for farmers

11 May 2017

Primary Industries Minister Nathan Guy has announced $5 million in new funding support for quake-struck farmers and growers to help towards long-term issues they are facing. 

Kiwi forests expected to do well

10 May 2017

Global forestry group Rayonier is bullish about the outlook for demand for timber from its New Zealand forests.

Overhaul of governance rules to benefit shareholders

10 May 2017

NZX says it wants international best practice in the boardrooms of publicly listed companies with the release of a new corporate governance code set to come into effect from October.

Kiwi assets help Greenheart narrow loss

1 May 2017

Greenheart Group, the Hong Kong-based forestry group with pine plantations in New Zealand and timber concessions in Suriname, narrowed its full-year loss after recognising a gain in the value of NZ assets and benefiting from stronger export prices.