MFAT warned of risk to relationship with Korea over mega ferry cancellation
Careful and deliberate communications with the Korean Government were advised.
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Latest from Shipping
Food inflation across rich nations drops to pre-Ukraine war levels
Financial Times: Inflation across industrialised nations down to 5.3% in February - OECD.
Minister dodges questions on ferry letter, won't commit to new ships by 2026
Newstalk ZB host asks Nicola Willis: 'What the hell's going on?'
Crews at Baltimore bridge collapse remove twisted steel and concrete
Each part of the bridge removed from the water will be lifted onto a barge.
Could tugboats have helped avert Baltimore bridge tragedy?
Tugboats were not escorting the massive cargo ship Dali when it lost power in Baltimore.
Another wayward container ship shows world trade’s fragility
New York Times: Bridge accident adds to strains already confronting global supply chain.
Port says no risk to Auckland, Tauranga harbour bridges after Baltimore bridge tragedy
Sugar factory gets limited, controlled traffic, port says.
NZ still spending more than it earns - but the deficit shrinks as tourists return
The goods deficit narrowed as we imported less, despite falling export returns.
India’s navy frees ship hijacked by Somali pirates
Financial Times: Gang that seized bulk carrier in December forced to surrender.
US held secret talks with Iran over Red Sea attacks
Financial Times: Indirect negotiations in Oman aimed to end Houthi strikes.
Freedom Furniture loses $9m, taps parent's support to pay debts
Red Sea terrorism disrupting supply chain, racheting up freight costs.
Red Sea, Panama, logjam dramas hit home for NZ shippers and shoppers
Shipping is in turmoil and some smaller Kiwi exporters are at risk. But what can we do about problems in New Zealand? ZB's Simon Barnett and James Daniels discuss the issues with John Weekes. Video / NZHerald
Maersk takes aim at NZ port berthing slot availability and productivity
The shipping giant says the efficiency of its ocean network is affected; ports respond.
ANZ's Commodities Index gained 3.5 per cent in February
The twin canal crises are impacting smaller Kiwi exporters especially.
Exports struggle to get good prices but NZ trade deficit still shrinks
Expensive imports gobble up some of our strong export volumes.
Explained: Mayor's $3-4b war chest to secure council's financial future, disaster response
It's not sensible to have all your eggs in two baskets, the council treasurer says.
Shipping costs rise again as Red Sea, Panama Canal ills disrupt
Twin canal crises still loom as NZ supply chain urged to get its own house in order.
'Time's up': Major export gateway Port of Tauranga runs out of container berth space
No room left to take on new shipping services.
Port of Tauranga faces challenge of wars, economic malaise
Lower dairy and kiwifruit volumes and lower consumer appetite for imports take toll.
Port of Auckland improves half-year return to city, lifts container tally
Half-year looks up, imports and exports improve.
Red Sea chaos jeopardises global trade: Why are the Houthis attacking ships?
The Red Sea is one of the world's most important shipping lanes but global trade has been jeopardised after Houthi rebels based in Yemen began attacking ships. Video / NZ Herald, AP, Getty
Turbo-boost for NZ cold supply chain with Maersk $150m investment at Ruakura
The 18,000 sq m facility showcases the latest in cold store capability and design.
Crew abandons ship in most damaging strike yet by Yemen’s Houthis
Financial Times: Attack follows report rebel movement now has submarine drone in arsenal.
Future of animals on live export ship still unknown
The fate of about 16,000 livestock being offloaded near Perth is still being decided.
Why NZ is sending Defence Force personnel to Red Sea
"What are the consequences of inaction?"
Red Sea attacks mean 'tough decisions' for shipping industry
Tensions in the Red Sea cause exporters problems getting key commodities into Europe.
KiwiRail charged after Interislander ferry loses power in Cook Strait
The Kaitaki lost power and came close to running aground in January last year.
Editorial: Cook Strait ferries - dated, dirty and desperate
OPINION: A tired trip across Cook Strait highlights the dire state of our ferries.
US drawn further into Middle East conflict with Houthi strikes
Financial Times: US struggles to balance deterrence and diplomacy amid war shockwaves.
NZ supports retaliatory US and UK air strikes against Houthis in Yemen
The militaries are using warship-launched Tomahawk missiles and fighter jets.
ASB investigated, youth crime and Gus the Groper | Focus Morning Bulletin January 11, 2024
ASB bank investigated after offering Kiwi scam victim a goodwill payment, why Generation Z are less likely to end up behind bars and petition demands harsher penalty after Kiwi allegedly kills beloved Aussie fish in the latest NZ Herald headlines. Video / NZ Herald / Getty
Fran O’Sullivan: Winston Peters’ Red Sea move brings NZ and the US closer
OPINION: New Zealand’s interests are three-fold: Economic, moralistic and loyalistic.
Houthis defy warning from NZ and allies on Red Sea attacks
NZ is among 14 countries calling for an immediate end to threats against commercial ships.
US cracks down on money flow to Iran-backed Houthis
Financial Times: Treasury imposes sanctions after Red Sea attacks.