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.

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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