Ports of Auckland is continuing a recession-busting theme announcing a strong first quarter.Managing director Jens Madsen said today that overall container volumes in the three months to September 30 were up nearly 8% on the same period last year.This com
Ports of Auckland is continuing a recession-busting theme announcing a strong first quarter.
Managing director Jens Madsen said today that overall container volumes in the three months to September 30 were up nearly 8% on the same period last year.
This comes after the company reported underlying net earnings for the year to June of $24.4 million, up 55% on the previous year.
Imported containers were up 10% and exports up 4%. Trans-shipment volumes grew by more than 15% and vehicle units were up 25%.
“The increase in import volumes is reflective of the buying appetite of New Zealanders, and could be seen as encouraging as the country works its way out of the recession,” Mr Madsen said.
The cruise ship season gets under way this Friday, with 79 scheduled visits to Auckland, up from 62 visits through the last financial year.
