Port of Tauranga Dredging Already Pays Off

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

Commenting the port’s half year financial results, Port of Tauranga Chief Executive, Mark Cairns, said that he is relieved to see revenue growth as cargo volumes grow, after the completion of a five-year, $350 million capital spending program that included preparing for larger vessels.

Mr Cairns said: “We are consolidating our position as the port of choice for international shipping lines, with ship visits in the six-month period rising 4% to 774 from 741 in the same period last year.

“Following the completion of our harbor dredging program in September 2016, Maersk introduced a large vessel service, with Tauranga as its only New Zealand call. The 9,500 TEU Aotea Maersk has been a regular visitor since October.”

In its ‘Financial Report for the Six Months Ended 31 December 2016’, the authorities said that during this period Port of Tauranga invested $43.9 million in new infrastructure to further increase storage capacity and productivity.

The investments included final payments on the two new gantry cranes commissioned, thirteen new straddle carriers and several property developments at the container terminal.

Share this article

Follow Dredging Today

Events>

<< Apr 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

DREDGING FOR SUSTAINABLE INFRASTRUCTURE INDIA

At this 1-day conference, you will experience what it means to apply this new approach in practice.

read more >

Wave Action on Coastal Structures

This course will teach the theory and methods necessary for delivering alternative solutions to coastal problems.

read more >

IADC SEMINAR ON DREDGING AND RECLAMATION IN DELFT

This five-day course strives to provide an understanding through lectures by experts in the field and workshops…

read more >

PORTS Conference

The PORTS Conference series is internationally recognized as an outstanding opportunity to network with…

read more >

Jobs>

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply