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Port Napier overtakes Ports of Auckland in export volumes

It is now the North Island's second largest export port.

Wed, 11 Jul 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Napier Port has overtaken Ports of Auckland to become the North Island's second largest export port, its annual results show.

Tauranga holds the No 1 spot.

The East Coast port's annual report shows a 2 percent increase in exports to over 3.7 million tonnes, much of it being forestry-based products. Log volumes were close to 1 million tonnes.

An 8.5% lift in the number of containers handled to the end of September saw a record 204,065 TEUs (20-foot equivalents), which makes Napier Port the fourth largest container port in the country.

Revenue increased 11% to $60.3 million and net profit was $11.08 million.

"As we convert our growth aspirations into reality, Napier Port's significance at a national level continues to increase," chief executive Garth Cowie says.

"Our growth has been based on a superior service model, understanding individual customer's business needs and tailoring transport logistics to those requirements whenever possible."

Mr Cowie says Napier Port has now achieved a record 373 – and counting – days with no lost-time injuries, which he says is a considerable achievement in an environment of heavy containers and cargoes, moving machinery vessels and people.

(BusinessDesk)

© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Port Napier overtakes Ports of Auckland in export volumes
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