Year of Transformation for Ports of Auckland

Image source: Ports of Auckland

New Zealand’s Ports of Auckland (POAL) today released its results for the 2018/19 financial year, saying that the container volumes are down 3.5% to 939,680 TEU (Twenty-foot Equivalent Units) compared to 973,722 TEU for the pcp.

Group Revenue rose slightly to $248.1m from $243.2m in the previous corresponding period (pcp) and the net profit after tax was $53.9m million compared to $76.8m for the pcp.

“Significant progress has been made on the automation of our container terminal. Most infrastructure work is complete, and we are now in the final phase of testing,” said POAL.

“We have received consent to dispose of dredged material at sea, in one of five official New Zealand disposal sites. We are preparing a consent application to deepen our shipping channel and are aiming to lodge the application later in 2019.”

Commenting the latest announcement, Chief Executive Tony Gibson said: “It has been a challenging year, but also a productive one.”

“It has been a year of incredible lows, with the death of our colleague when the machine he was driving tipped over. This was a tragic event and it has deeply affected everyone at the port. Our thoughts are with his family and friends.”

“It is also a year in which we’ve made significant progress in transforming our business and preparing for the future. We have completed most of the infrastructure work for automation and we are in the final stages of testing before going live next year. Construction of our new car handling building is going well, we gained consent to dispose of dredged material at sea and we will soon seek consent to deepen our channel for larger container ships.”

A study is currently underway in to the future of the port with options being touted including shifting car imports to Northland, and shifting the port altogether.

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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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