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Ports of Auckland reports lower volumes

09 April 2009

MEDIA RELEASE

For immediate release


Ports of Auckland reports lower volumes for quarter


Container volumes at Ports of Auckland were 193,882 TEU* for the three months ended 31 March 2009, down 7.4% compared to the same period last year.

The drop follows record high container volumes recorded at the country’s largest container port between July and December last year.

Imported vehicles were down 54.4% (to 19,651 units) compared to the same quarter last year.

Total ship calls numbered 406, down from 438.

However, there was some positive news, with March seeing a 5.0% year-on-year increase in full export containers, and international cruise ship calls holding steady at 43 calls for the quarter, compared to 44 last year.

Mr Madsen said the company had announced a range of cost-cutting measures and was gearing itself to make further changes.

“We have introduced a range of measures to curtail costs and are continuing to focus on lifting productivity and labour utilisation.”

The Port’s container terminals hit new productivity highs during the quarter, with a 10.9% increase in crane rate and 3.6% decrease in staff hours per container compared to the same quarter last year.

*TEU (twenty-foot equivalent unit) is a global shipping industry measure of container volumes.


ENDS


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