Lyttleton Port to resume coal exports

Free audio stream, including stories that are padlocked on our site. Listen on any device, anywhere. Updated twice daily. The audio stream takes several seconds to start on Android devices.

Launch Radio player

Lyttleton Port announced today that coal exports have resumed.

The exports were delayed due to damage to port infrastructure and equipment in the latest earthquakes on June 13.

The coal load-out system underwent initial testing over the weekend and now loading is underway.

The load-out system will continue to be tested and monitored, and repairs to Cashin Quay are expected to continue for some time, the company said in the announcement to the NZX today.

"Our priority is to get coal exports back to normal."

The Port says on its website that it exports 2.2 million tonnes of coal worldwide annually.

Shares were trading at $2.33.


This article is tagged with the following keywords. Find out more about MyNBR Tags

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7540 0.0038 0.51%
AUD 0.9636 -0.0037 -0.38%
EUR 0.6738 0.0025 0.37%
GBP 0.4901 0.0016 0.33%
HKD 5.8469 0.0287 0.49%
JPY 90.2390 0.0370 0.04%

Commods

Commodity Price Change Time
Gold Index 1208.2 -4.400 2015-03-02T00:
Oil Brent 60.2 -2.390 2015-03-02T00:
Oil Nymex 49.6 -0.160 2015-03-02T00:
Silver Index 16.4 -0.080 2015-03-02T00:

Indices

Symbol Open High Last %
NZX 50 5892.7 5911.0 5892.7 0.02%
NASDAQ 4973.4 5008.6 4963.5 0.90%
DAX 11424.7 11465.2 11410.4 0.39%
DJI 18134.0 18288.6 18132.7 0.86%
FTSE 6940.6 6963.6 6940.6 0.28%
HKSE 24984.6 24984.6 24887.4 -0.74%
NI225 18910.5 18910.5 18826.9 -0.06%