Sharechat Logo

Port builds on log exports

By Chris Hutching

Friday 5th April 2002

Text too small?
The volume of log exports through Port Marlborough in the second half of 2001 rose 70% and the trend is expected to continue.

Marlborough has more than 57,000ha planted in pinus radiata forest and over the next two to three years the wood flow in the district is expected to reach 700,000cu m.

In the six months to December 2001 the port enjoyed a revenue boost of 9.6% and pre-tax profit of $2.75 million. In the year to June 2001 revenue was $11 million, providing a pre-tax profit of $5.08 million.

In February 2000 Port Marlborough developed the Shakespeare export berth, now the deepest in New Zealand (16m at low tide). Waimahara Wharf, a 200m multi-purpose berth at Shakespeare Bay, is used by large timber and bulk carriers.

  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:

ikeGPS Chief Financial Officer Transition
TWL - TradeWindow announces strategic partnership with FTA
BLT - Patent issue settled and new 5 year agreement with BSP
July 2nd Morning Report
July 1st Morning Report
June 27th Morning Report
SDL - FY2026 Earnings Guidance
PaySauce Director resigns for US-based role with NZTE
General Capital Releases 2025 Annual Report
June 26th Morning Report