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Rena clean-up bill could hit $100m
The crippled MV Rena could be a blot on the Bay of Plenty coastline well into next year if bad weather doesn't smash it apart and the cost of the clean-up and long salvage operation could stretch to $100 million.
Costamare gets 32pc yield on ships like Rena, documents show
Costamare told investors it purchased secondhand container ships, including the Rena, at a good time and is making a yield of 32 per cent on them.
Rena crew quit NZ for their 'safety'
Filipino authorities are rushing to send home most of the crew of the stricken container ship Rena amid concerns for their safety and public anger towards the Filipino community. Yesterday, 11 crew members were put on flights to the Philippines...
Child's eye view of wartime horror
The success of a film about France's role in sending Jewish families to concentration camps surprised its writer-director, reports Peter Calder.
Port of Tauranga tips 25pc traffic jump
ort of Tauranga is expecting a big jump in container traffic after being chosen by the MSC shipping line as its only New Zealand stop off.