Monday 28th February 2011 |
Text too small? |
Lyttelton Port of Christchurch has served Solid Energy New Zealand with a force majeure notice after the magnitude 6.3 earthquake last week.
The port invoked a similar notice after the magnitude 7.1 earthquake on September 4.
Force majeure notices can be served in business contracts when there is an extraordinary event beyond the control of parties to contracts. Solid Energy has signalled a notice to its customers.
"We will continue to work closely with Solid Energy to re-establish coal operations once the facilities are safe and secure," the port said today.
Solid Energy exports coal from its West Coast mines via rail to Lyttelton Port. It has been stock piling coal at its mines since the earthquake.
NZPA
No comments yet
PaySauce Quarterly Market Update - Dec 2024
CHI - FY24 Results Date and Audio Conference Details
AIA - December 2024 Monthly traffic update
January 15th Morning Report
PF - Details of Interim Results Webcast
Scott Secures NZ$18 million in Global Contracts for Protein
January 14th Morning Report
AFT - NEW YEAR LETTER TO INVESTORS
TruScreen Invited to Present WHO AI Collaboration Meeting
January 13th Morning Report