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


Lyttelton Port of Christchurch Announces Further Investment

07 June 2013


Lyttelton Port of Christchurch Announces Further Investment at Container Terminal

Lyttelton Port of Christchurch (LPC) is to buy a fourth ship-to-shore gantry crane to handle the growing container volumes at the Port.

LPC will also expand its fleet of straddle carriers by investing in another four new diesel electric straddles to increase the capacity of its current fleet from 18 to 22.

For this financial year, the port anticipates achieving container volumes of 350,000 TEU which will represent a record total surpassing last year’s record of 330,000 TEU. LPC Chief Executive, Peter Davie, says container trade continues to grow, increasing 15.6% in the last financial year and by approximately 22% in the past two years, enabled by excellent planning and high productivity from staff.

“The Company’s strong performance is proof of the continued underlying strength of the Canterbury economy which has continued to generate strong growth in exports and imports. LPC is committed to supporting the Canterbury economy by providing facilities, plant and staffing to meet this ongoing growth in trade” he says.

Over the years, the Port has undergone many changes to increase its cargo-handling capacity, and cater for the needs of cargo owners and the shipping industry. It has adapted to changes in vessel sizes and types, the containerisation of cargoes and cargo-handling methods.

“The key to continuing success is the ability to develop and expand to meet the existing and future needs of customers and stakeholders.”

The on-going investment in infrastructure will help maintain and enhance container handling productivity while work continues on our Reinstatement and Development Plan.

The Port continues to grow with the on-going expansion of Canterbury, one of New Zealand’s strongest regional economies. Commodity exports, such as dry and reefer dairy, and frozen meat and vegetables, are forecast to keep rising. Imports are also rising, and are tipped to continue their upwards path over the long-term as Christchurch rebuilds after the 2010-2011 earthquakes.

Liebherr Container Cranes Limited have been commissioned to manufacture the crane and straddles at a combined cost of over NZ$16 million. Delivery is expected in the latter half of 2014 and is timed to coincide with the Cashin Quay berth reinstatement programme and development work for the Terminal.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Retail: New Law Paves Way For Greater Supermarket Competition

Legislation that bans major supermarkets from blocking their competitors’ access to land to set up new stores paves the way for greater competition in the sector, Minister of Commerce and Consumer Affairs Dr David Clark said... More>>

International Business Forum: NZ EU FTA Coming Down To The Wire – Hold The Line

As negotiations accelerate to conclude an ambitious free trade agreement between New Zealand and the European Union, the NZ International Business Forum (NZIBF), representing a cross section of major exporters... More>>

MBIE: NZ space sector set to star in Moon mission
The New Zealand space sector is set to star in NASA’s CAPSTONE moon mission – with Rocket Lab launching a satellite to the Moon from New Zealand in June, and the lift-off of a separate NASA-NZ lunar research project... More>>

MYOB: New Data Shows Increase In SMEs Experiencing Stress And Anxiety

The lingering impacts of the COVID-19 pandemic have led to a surge in the number of local SME owners and operators experiencing stress and anxiety, according to new research from business management platform, MYOB... More>>

Carbonz: Cashing In On Carbon: The New Marketplace Helping Native Forest To Thrive

The country’s first voluntary carbon credit marketplace, Carbonz, is here to restore native biodiversity and help Aotearoa reach its carbon zero goals by selling the first carbon credits exclusively from native forest... More>>
Entrust District: Dividend Will Be Welcomed After Another Tough Year
We’ve all heard of the saying; “if it sounds too good to be true, it probably is” but for Aucklanders within the Entrust District, getting their share of Entrust’s 2022 annual dividend payment really is as good as it sounds... More>>