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Container volumes show 2% growth for full year

Container volumes show 2% growth for full year

www.poal.co.nz

Ports of Auckland’s container volumes* grew 2% to 662,170 for the financial year to end-June 2004, compared with the year end-June 2003 (649,639).


Comment
DuDuring the year, full import container volumes* rose 3% to 244,397 and full export container volumes were down 1% to 174,467, compared with the 12 months to end-June 2003. Auckland is a well-balanced port, with a 58:42 ratio total full import container volumes to total full export container volumes.

For the month of June, full import and full export container volumes were up 12% and 2% respectively, and total container volumes were up 3%, compared with June 2003.

Transhipments** increased by 8% for the 12 months to end-June 2004 and were up 2% for the month of June 2004.

Containers comprise approximately 70% of Ports of Auckland’s throughput and about 90% of business activity.

Breakbulk volumes at Ports of Auckland’s conventional wharves were unchanged at 4.6 million tonnes for the 12 months to end-June 2004.

Imported vehicles comprise a significant part of breakbulk volumes. For the 12 months to end-June 2004, vehicle volumes totalled 189,770, including new and used cars and large vehicles such as trucks and machinery. This is compared with 186,000 imported vehicles in 2002-2003.

For the month of June 2004, breakbulk volumes were down 15% on June 2003. Monthly breakbulk volumes can fluctuate significantly due to the arrival dates of individual ships carrying large loads.

* Container volumes are measured in TEUs (20-foot equivalent units – or the size of a standard 20-foot container).

** Transhipment containers are discharged at Auckland and reshipped on another vessel to international or other New Zealand destinations.

Ports of Auckland economic impact

Economic activity dependent on or facilitated by Ports of Auckland is worth over $10.6 billion annually in value added terms to the regional economy, according to an economic impact assessment of Ports of Auckland, conducted in 2000 by strategic consultants McDermott Fairgray Group. This amounts to 32% of the total economic activity and sustains about 173,000 jobs in the region.

On a national level, the trade activity facilitated by or dependent on Ports of Auckland amounts to $13.2 billion in value added in the New Zealand economy. This activity represents about 13% of the country’s gross domestic product (GDP) and sustains nearly 210,000 jobs.

To access the Ports of Auckland Volumes Index:

After entering our homepage www.poal.co.nz click on the Ports of Auckland Volumes Index link below the announcement and graph pics at the top of the homepage.

Or, after entering our homepage click on the Investor Centre button on the left-hand menu. Scroll down the Investor Centre page.

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