Auckland Port Mulls Sale
Auckland Mayor Phil Goff has said that Ports of Auckland’s future has been under discussion, according to Newsroom.co.nz.
Council-owned company Ports of Auckland operates a large container terminal and a cruise port.
Whether the operating company or the land is the subject of discussions is not known.
Reclaimed land the port holds was previously valued at up to US$451 million while the operating company was valued at $0.75 billion.
But its plan to expand to accommodate megaships proved controversial.
Mayor Phil Goff said: "I've made no decisions about the port's long term future as yet, but intend to make progress on this matter over the course of this term."