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port of tauranga in new zealand

Port of Tauranga is Expected to Move One Million Containers

February 24, 2017 12:05 am Published by

New Zealand’s largest freight gateway – the Port of Tauranga – announced it is on track to become the first port in the country to transport more than one million shipping containers across its wharves, in a single year.

In the 2017 financial year, we expect to become the first New Zealand port to handle more than one million containers in a 12 month period. This achievement is the direct result of our now-completed, five-year $350 million infrastructure investment programme, which has extended the Port’s freight hinterland across the country, prepared the port for large ships and provided importers and exporters with highly-efficient routes to the country’s most important markets.- Chairman, Port of Tauranga Board

The port also announced a strong 8.5 percent improvement in Group half year net profit to $41.9 million from $38.6 million in the same period in 2016. Additionally, half year trade volumes grew 8 percent to 11.0 million tonnes and the Port set a new national standard for port productivity. Half year Group revenue increased 2.0 percent to $125.3 million.

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