LPC Rebuild Progressing Well
- Business & Finance
Lyttelton Port of Christchurch (LPC) achieved a significant increase in trade for the six months ended 31 December 2014 with container volumes up 3%, driven by strong import growth of 9%.
LPC Chief Executive Peter Davie said that the Port continues to have volume growth ahead of expectation. “While full export volumes have declined slightly, they are still much better than anticipated.”
“In the half year to the end of December we gained significant new infrastructure with the arrival of the 4th ship to shore gantry crane, while the rebuild of Cashin Quay wharf 2, following earthquake damage, is progressing well with completion scheduled for the end of this year. The rebuilt wharf will allow the Port to provide a significant increase in operational efficiency for customers,” added Davie.
“It is just part of our recovery plan. We are poised for the largest development in our Port’s history.” The Port Lyttelton Plan, the 30 year vision, was delivered to Environment Canterbury (ECan) in November. ECan will, following public consultation and engagement, provide the Minister for Canterbury Earthquake Recovery with a draft Lyttelton Port Recovery Plan later this year. “Our aim is to rebuild and develop the Port to cater for Canterbury’s freight demands for the future,” said Davie.