Port of Tauranga’s container terminal, currently being eyed by its biggest rival Ports of Auckland, is looking to expand.
The terminal’s operational area is being enlarged by 1.3 hectares, providing the port with over 400 additional container ground slots.
The announcement of the expansion – just two days after Ports of Auckland chief executive Jens Madsen indicated in a press briefing that his port was keen to buy Tauranga’s container business – could be seen as a not-so-subtle reminder that Tauranga has plenty of space available for expansion, while Auckland faces challenges with space constraints.
Port of Tauranga will start work on the change this month, partly in anticipation of the arrival of the port’s fifth crane in March 2009.
Chief executive Mark Cairns said the volume growth has progressively put pressure on the terminal storage area during peak periods and the expansion is required to maintain efficient terminal operations.
“One of the major strengths of the port is that that we can incrementally expand as required, at relatively low capital cost. We currently have an additional 29 hectares of land positioned adjacent to the terminal which can be used for port operations in the future,” he said.
This article is tagged with the following keywords. Find out more about MyNBR Tags
Most listened to
- Business Week in Review with Grant Walker & Andrew Patterson
- The kiwi dollar has spiked against the pound in one of the biggest one day currency moves in history. NBR’s Jason Walls breaks down the dollar’s movement
- What Brexit now means for NZ, with NZIER John Ballingall
- Dr Oliver Hartwich says everyone should stay calm and carry on
- Matthew Hooton on making a moral case for social capital