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

 


Port Otago first to secure consents for channel deepening



Media Release – 12 December 2012
Port Otago first to secure consents for channel deepening

Environment Court Judge Jeff Smith has granted Port Otago’s application to deepen its Otago Harbour channel in anticipation of the arrival of bigger container ships on the New Zealand coast.

The company had originally sought consent from the Otago Regional Council for resource consent to:
• Deepen, widen, and maintain the lower harbour channel; the swing area and Port Chalmers berths; and to allow the passage of larger ships to Port Chalmers;
• dispose of the dredge spoil to sea, and;
• extend the multi-purpose wharf and to construct a new fishing jetty at Port Chalmers.

The court’s decision means Port Otago is the first port company in the country to achieve the milestone of a fully-consented project to deepen its channel.

Company chairman Dave Faulkner said this was a landmark decision.

“It is as historically significant for the company as our first frozen meat export on the SS Dunedin in 1882, or the opening of the Port Chalmers container terminal in 1977,” Mr Faulkner said.

The consents are for a 25-year period and allow the company to deepen the Port Chalmers channel to 15 metres. Port Chalmers is already the country’s deepest container port at 13 metres. Having the ability to increase this to 15 metres means that Port Otago’s board and management could respond rapidly to changing shipping needs whenever they arose, Mr Faulkner said.

Once the deepening project is completed, Port Chalmers will have the capability to receive calls from container ships carrying up to 8,000 TEU (20 foot equivalent containers).

“Our project will have real benefits for South Island shippers, as Port Otago’s ability to accommodate larger vessels will ensure that exporters and importers are not penalised by increased costs in their international supply chain, such as additional inland freight or transhipping costs,” he said.

Port Otago plans to complete the dredging programme in several stages, depending on commercial demand. The first stage will be to incrementally deepen the existing channel to 14 metres.

The company has the added advantage of owning its own dredging fleet, so the first stage can be done at any time and, with more than 50% of the existing channel already at 14 metres, the cost of completing the first stage is projected to be between $5 million and $10 million. This is substantially cheaper than any other port in the country.

Mr Faulkner said the size of container ships has been steadily increasing as shipping lines endeavour to move freight around the world more efficiently and economically.

Shipping was already the most environmentally friendly method of transporting goods over long distances. Newer, bigger ships provided even greater efficiencies and would further reduce their carbon footprint.

Mr Faulkner said the global trend towards bigger ships has already started to affect New Zealand, with a number of this country’s largest exporters and other interest groups calling for New Zealand ports to prepare themselves ready for larger vessels.

Mr Faulkner said Port Otago was well-positioned for the next generation.

“Our landside infrastructure is modern and in excellent condition, our productivity is the highest of any port in the South Island and, with these consents, we can instantly respond to market demand for larger ship facilities. We have the complete package.”

Ends.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Scoop Business: Productivity Commission To Look At Housing Land Supply

The Productivity Commission is to expand on its housing affordability report with an investigation into improving land supply and development capacity, particularly in areas with strong population growth. More>>

ALSO:

Forestry: Man Charged After 2013 Death

Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd who was killed during a tree felling operation on 19 December 2013. More>>

ALSO:

Smells Like Justice: Dairy Company Fined Over Odour

Dairy company fined over odour Dairy supply company Open Country Dairy Limited has been convicted and fined more than $35,000 for discharging objectionable odour from its Waharoa factory at the time of last year’s ”spring flush” when milk supply was high. More>>

Scoop Business: Dairy Product Prices Decline To Lowest Since July 2012

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More>>

ALSO:

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news