By NZPA
Tuesday 30th July 2002 |
Text too small? |
Port chief executive Jon Mayson said total volumes rose 11 percent for the year ended June 30 to 11.4 million tonnes.
"Trade volumes have increased across virtually all commodities, which is extremely pleasing for the company," Mr Mayson said.
"The only commodity to reflect a downturn was steel exports, due to a shut down at the Glenbrook mill for maintenance, and difficult overseas market conditions."
The increase included a 12.5 percent growth in containers to 322,510, boosted by a 9 percent rise in dairy product volumes.
Log exports were up 15 percent for the year, sawn timber was up 18 percent, and combined forestry products were up 7 percent on last year.
Goodman Fielder's decision to centralise operations at Mt Maunganui boosted grain imports by more than 99 percent, while frozen meat exports were up 24 percent to 183,000 tonnes.
In mid-June, Port of Tauranga opened its $65 million port at Marsden Pt, in partnership with Northland Port.
Port of Tauranga will release its annual results on August 28.
No comments yet
Port of Tauranga may increase dividends, make extra payments, as spending returns to normal
Port of Tauranga shares fall to 3-week low after losing major log marshaling contract
Success a burden for Port of Tauranga
Port of Tauranga prepares for big ships, reports record profit
Port of Tauranga makes first foray into South Island, with $21.6M PrimePort deal
Port of Tauranga buys $37.2 mln property to expand South Auckland operations
Port of Tauranga chairman Parker will retire in October after 17 years as a director
Port of Tauranga rewards investors with 1H dividend hike, retains FY guidance
Port of Tauranga spends $34M on log marshaling business
Asciano to buy Port of Tauranga's 50 percent stake in C3 for $70M