Lyttelton Port Company Releases 2025 Annual Report

Record financial result and performance milestone achieved in FY25

We are pleased to share the LPC Annual Report for the financial year 2025.

A record financial result, a focus on operational efficiency, and restructuring for success are reflected in the Lyttelton Port Company’s results this year.

LPC saw a marked improvement in operational efficiency, with ship turnaround times dropping from 52.7 hours in 2023 to 34.8 hours in 2024, an overall decrease of 33.6%. In addition, we recorded one of the largest year-on-year improvements globally in the World Bank CPPI rankings, moving from 385th to 273rd among ports worldwide.

Health and safety remain a top priority; leadership, staff engagement, and productivity are vital to our performance as a business and infrastructure hub for the South Island.

Key initiatives during this period include a significant investment in a new stage of port reclamation, the development of a new operational structure for our container terminal, and the combined development of the business case for the Te Awaparahi Bay development.

LPC aims to promote sustainable trade growth for Christchurch, Canterbury and the South Island. This requires boosting profitability, securing long-term trade connections, maintaining LPC’s economic sustainability and developing the South Island Hub.

We remain dedicated to driving progress and delivering value to our stakeholders.

The LPC Annual Report here: https://www.lpc.co.nz/wp-content/uploads/2025/09/LPC0681-Annual-Report-Final.pdf

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