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


New Customer For Gisborne/Napier Line

15 August

New Customer For Gisborne/Napier Line

Tranz Rail's efforts to secure new customers for the Gisborne to Napier line have been successful with a new agreement reached with Pine Sawmills Ltd near Gisborne.

The recently revamped Pine Sawmills, 6km south of Gisborne, has reached a one-year agreement with Tranz Rail to move its export sawn timber to the Port of Napier where it will be exported mainly to Asian or United States markets.

Finished timber from the sawmill will provide a backload for Tranz Rail for the regular Saturday Napier to Gisborne fertiliser service.

"That's good news for Tranz Rail and the future of the line as this agreement and any others will assist in securing the economic viability of this important East Coast link," says Tranz Rail's General Manager Commercial/Sales, Craig Stapleton.

"Pine Sawmills is also predicting its production will grow considerably over the next two years and we would obviously like to ensure we are working closely with them to pick up those predicted volume increases.

"We will also continue to look for further business opportunities in the area."

Pine Sawmills Chief Executive Graham Wimsett said the availability of the Tranz Rail service was ideal as the mill had only recently been recommissioned and production was only just beginning to ramp up.

"The mill had been mothballed before we took it over in May this year and we've been concentrating on getting it back into good working order and ready for production," says Mr Wimsett.

"There is likely to be some variation in production in the first few months before we move to a steady production level in later half of this year and Tranz Rail had the available capacity, on a regular basis to suit our needs. We are also expecting to double that production level in 2003."

Mr Stapleton said repairs to track damage caused by last week's stormy conditions on the East Coast would be completed next week with the new Pine Sawmills agreement due to begin early next month.

"The Pine Sawmills agreement is a good first step in our ongoing search for new business for this line. We also still have an application before Transfund for further funding to support the ongoing operation of this line."


© Scoop Media

Business Headlines | Sci-Tech Headlines


Commerce Commission: Latest Broadband Report Confirms Improved Performance Of Premium Fibre Plans

The latest report from the Commerce Commission’s Measuring Broadband New Zealand programme shows that the performance of Fibre Max plans has improved substantially. This follows a collaboration between the Commission, its independent testing partner, ... More>>

Air New Zealand: Capital Raise Deferred

Air New Zealand has decided to defer its planned capital raise to later in 2021 allowing more time to assess the impacts of recent developments on the airline’s path to recovery. 'We’ve seen some clearing of COVID-19 clouds recently, with ... More>>

Commerce Commission: Cartel Conduct Now Punishable By Up To 7 Years’ Jail Time

Cartel conduct can now be punished with a term of imprisonment of up to 7 years, after the Commerce (Criminalisation of Cartels) Amendment Act 2019 came into effect today. Cartel conduct includes price fixing, market allocation and bid rigging (see ... More>>

Stats NZ: Auckland Population May Hit 2 Million In Early 2030s

Auckland’s population may rise from about 1.7 million currently to 2 million by early next decade, Stats NZ said today. “Auckland will likely have the highest average annual growth of New Zealand’s 16 regions over the next 30 years, from ... More>>

Stats NZ: March Card Spending Rebounds Despite COVID

There was a lift in retail card spending in March following a fall in the lockdown-disrupted February month, Stats NZ said today. Seasonally adjusted retail card spending rose by $53 million (0.9 percent), compared with February 2021. Visit our website to read ... More>>

PwC: Outcome Of Review Into Air New Zealand Gas Turbines Business

Air New Zealand has received the report into its Gas Turbines business from independent external advisers PwC. Air New Zealand Chairman Dame Therese Walsh says the report identified a range of effective controls in the Gas Turbines revenue contracting ... More>>

LPG Association: Renewable LPG Achieves Emissions Budgets With No Need To Ban New LPG Connections

Renewable LPG can supply New Zealand’s LPG needs and achieve the emissions reductions proposed by the Climate Commission without the need to ban new connections, a new study shows. The investigation, by leading consultancy Worley, was prepared for the ... More>>