CAFCA is a member of The Keep Our Port Public (KOPP) coalition, which has launched a petition, directed at the Christchurch City Council, urging that it not proceed with its plan to sell half of its stake in the Lyttelton Port Company to Hutchison Port Holdings Ltd of Hong Kong, nor to any other foreign [...]
Keep Our Port Public (KOPP) spokesperson Murray Horton today congratulated the Christchurch City Council on its progress towards obtaining 100% public ownership of the Lyttelton Port Company. He also advised it to ”Stop right there!”
New Zealand’s two major port unions say they are pleased that the Port of Lyttelton will be purchased in full by the Christchurch City Council – but they are warning the public to remain vigilant.
by Murray Horton Only a year ago the Mayor was quoted (Press, 14/3/05) as saying: “It is good news for ratepayers because the money the Council gets from Christchurch City Holdings Ltd (CCHL) means rates are up to 18% lower than they would be. It shows the Council was right not to sell the assets [...]
http://www.stuff.co.nz/stuff/0,2106,3600067a13,00.html By DAVID KING The Otago Regional Council grilled its port company about its intentions before agreeing to let it embark on a sneak raid on Lyttelton Port of Christchurch’s (LPC) shares. Port Otago pulled off a lightning raid on Thursday to grab a 10.1 per cent blocking stake in LPC that could potentially stymie [...]
The Alliance Party says that Port of Lyttelton should be put in public ownership, not put under the control of a multinational corporation. Alliance Party co-leader Paul Piesse says that a proposal to partially sell off the Port in a deal with Hong Kong based Hutchison Ports is “a devious privatization by stealth.”
http://www.nzherald.co.nz/section/story.cfm?c_id=3&ObjectID=10371588 Maritime unions are calling for Port Lyttelton in Christchurch to remain in local ownership. Christchurch City Holdings Ltd (CCHL) has launched a bid to take over Lyttelton Port Company (LPC) and onsell almost half the port to a Hong Kong company.
Capital’s relentless search for cheap labor constantly alters the flow of surface transportation in North America with widespread consequences, writes Richard D. Vogel in this Monthly Review article.