Sharechat Logo

Port Napier overtakes Ports of Auckland in export volumes

Tuesday 11th December 2012

Text too small?

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

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 (twenty foot equivalents), which makes Napier Port the fourth largest container port in the country.

The port's 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," said chief executive Garth Cowie. "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."

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.co.nz



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

POT Financial Results for the year to 30 June 2025
MOVE FY25 Results for the year ended 30 June 2025
BPG - Completion of Retail Offer
Comvita releases results for the year ended 30 June 2025
August 29th Morning Report
Air New Zealand announces 2025 financial result
August 28th Morning Report
VSL - 2025 date of Annual Meeting of shareholders
WIN - Winton announces FY25 Annual Results
Meridian Energy Limited 2025 Full Year Financial Results