Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Strong future projected for Port of Tauranga

Strong future projected for Port of Tauranga

7 December 2012

The Port of Tauranga is well-placed to accommodate future demand and growth according to a report released this week on the upper North Island ports.

The ports study, which began in June, provides a picture of the current and future freight demand for ports and port related infrastructure in the upper North Island.

Conducted by Price Waterhouse Coopers (PwC) on behalf of the Upper North Island Strategic Alliance (UNISA), the study highlights that the Port of Tauranga is strategically well placed to accommodate the projected growth in shipping, with capacity for larger ships in the future due to the recent granting of resource consent for channel and berthage dredging.

Bay of Plenty Regional Council Chairman John Cronin said while the Port of Tauranga is based in the western Bay, it was important to recognise the contribution made by the whole region to the Port’s success.

“Without the regional supply chain feeding goods to the Port from across the region we wouldn’t have the need for this important piece of the region’s economy, both now and into the future,” Mr Cronin said.

“The UNISA report shows that there is sufficient storage to cope with the expected increased volumes of bulk goods at Mount Maunganui and of containers at Sulphur Point over next 30 years. In addition, there is the capacity to extend the Sulphur Point container wharf by 285 metres to the south.”

Container throughput at the Port is predicted to grow by between 2.5 percent and 3.1 percent per annum over the next 30 years. Bulk good throughput will also grow at between 1.7 percent and 2.3 percent each year.

He said the Port is well placed to cater for future growth, with further work being carried out through the development of the SmartGrowth Strategy update project to ensure the strategic roading network and rail system are sufficient to enable the efficient movement of freight to and from the Port of Tauranga.

“However overall, it’s important to recognise what an asset the Port of Tauranga is to the Bay of Plenty. In the past few weeks we’ve seen the Port and its Chief Executive Mark Cairns nominated as finalists in the Deloitte/Management Magazine Top 200 Awards, for both Company of the Year and Executive of the Year with Mr Cairns taking out the Executive of the Year title.

“With finalists for both categories selected from the New Zealand 2012 Top 200 Companies list, this is a real achievement for the Port and bodes well for its future.”

Background information
UNISA comprises the territorial authorities from Tauranga city, Auckland, Whangarei district and Hamilton city as well as the regional councils from Bay of Plenty, Waikato and Northland. UNISA’s purpose is to respond and manage a range of agreed inter-regional and inter-metropolitan issues.

UNISA undertook the Ports study to gain a collective picture of the upper North Island ports’ infrastructure for the benefit of all of New Zealand. The upper North Island ports system plays a major role as New Zealand’s link to the rest of the world.

UNISA members agree that ensuring the upper North Island ports and related infrastructure function well, now and in the future, is key to New Zealand remaining internationally competitive and prosperous.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Alex Swney Pleads Guilty To $2.5M Fraud Charge

Alex Swney, former chief executive of the Auckland city centre business association Heart of the City, has pleaded guilty to dishonestly using documents to obtain $2.5 million. More>>

ALSO:

Petrol Burns Prices: Second Consecutive Quarterly Fall For CPI

The consumers price index (CPI) fell 0.3 percent in the March 2015 quarter, following a 0.2 percent fall in the December 2014 quarter, Statistics New Zealand said today. The last time the CPI showed two consecutive quarterly falls was in the December 1998 and March 1999 quarters. More>>

ALSO:

Scoop Business: NZ Broadcasters Launch Battle Against Global Mode ISPs

New Zealand broadcasters have confirmed they’ve launched legal proceedings against internet service providers who give customers’ access to “global mode”, which allows customers access to offshore online content, claiming it breaches the local content providers’ copyright. More>>

ALSO:

Sanford: Closure Of Christchurch Mussel Processing Plant Confirmed

The decision comes after a period of consultation with the 232 staff employed at the Riccarton site, who were told on 9 April that Sanford was considering the future of mussel processing in Christchurch. Recent weather patterns had impacted on natural spat (offspring) supply... More>>

ALSO:

Price Of Cheese: Dairy Product Prices Fall To The Lowest This Year

Dairy product prices fell in the latest GlobalDairyTrade auction, hitting the lowest level in the 2015 auctions so far, as prices for milk powder and butter slid amid concern about the outlook for commodities. More>>

ALSO:

Houston, We Have An Air Route: Air New Zealand To Fly Direct To The Heart Of Texas

Air New Zealand will fly its completely refitted Boeing 777-200 aircraft between Auckland and Houston up to five times a week opening up the state of Texas as well as popular nearby tourist states such as Louisiana and Florida. More>>

ALSO:

Scoop Business: Reserve Bank’s Spencer Calls On Govt To Rethink Housing Tax

The Reserve Bank has urged the government to take another look at a capital gains tax on investment in housing, allow increased high-density development and cut red tape for planning consents to address an over-heated Auckland property market. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news