KEY POINTS:
The union representing Port of Tauranga pilots has withdrawn its notice of next week's strike following mediation with the port company.
Pilots had filed a salary claim seeking parity with pilot rates paid in Australia, and had planned to begin a two-week strike next Tuesday.
"The Merchant Service Guild and Port of Tauranga are pleased to advise that, following mediation today, settlement has been reached for a two-year collective employment contract for the Pilots at the Port," the parties said.
"Consequently, all notices of strike action have been withdrawn and it is business as usual at New Zealand's busiest port."
As the Port of Tauranga is an essential industry, both parties were required to attend mediation.
Port of Tauranga shares rose 5c to $6.50.
- NZPA
