PoAL reported a comparable 9.1 percent increase in revenue to NZD 120.6 million and flat net after-tax profit of NZD 29.2 million, with container throughput rising 3 percent, total general cargo volume lifting 4.7 percent, vehicle throughput increasing 2.1 percent and cruise ship calls rising 50 percent.

Meanwhile, Port of Tauranga achieved a 12.8 percent rise in revenue to NZD 141.4 million and 12.6 percent increase in net after-tax to NZD 47.1 million, with container throughput lifting 15.8 percent, total trade rising 13.4 percent, transshipment volumes increasing 47.6 percent and log exports lifting 12.5 percent.

Port Taranaki reported a 14 percent rise in total revenue to NZD 24.3 million and 34 percent increase in net after-tax profit to NZD 6.1 million, with total trade lifting 6 percent, dry bulk cargoes rising 53 percent, log exports increasing 63 percent and vessel calls rising 19 percent.

Source:  BulkWeek  ||  March 15, 2018   |||