AD Ports will manage a 51% stake while KTZ will manage a 49% stake.
Stevedore Pala’amo Kalati’s death on 30 August 2020 was one of 18 deaths at NZ ports over the past 10 years.
The emission reduction project is set to eradicate CO2 emissions by over 1,300 tonnes per year.
The Wärtsilä equipment is expected to arrive at the yard by Q3 2024.
ONE currently provides 22 weekly services to India which span 11 major ports.
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The partnership involves the acquisition of two vessels which will ship Kazakhstan’s oil across the Caspian Sea.
Carnival has removed the paperwork in question and denied any current plan to use the technique.
The refurbishments will include the rebuilding of the 300m-long Kustkajen quay.
The three-year partnership will focus on supporting biodiversity conservation while encouraging industries to decarbonise.
The tankers will be delivered between 2026 and 2028.