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Port of Tauranga announces new Director Sir Robert McLeod and retirement of Alastair Lawrence
Port of Tauranga Limited (NZX: POT) today announced that former Director Sir Robert McLeod KNZM will re-join the Board of Directors following the retirement of Alastair Lawrence. Sir Rob was formerly a member of the Board in his capacity as Chair of Quayside Holdings, the investment arm of Bay of Plenty Regional Council and majority […]
Port of Tauranga reports $47.2 million profit amid challenging trading conditions
Port of Tauranga Limited (NZX: POT) today reported a $47.2 million profit for the six months ended December 2023. Earnings were impacted by lower overall trade volumes, especially in imported and transhipped containers, and higher operating costs, including rail charges. Total trade volumes reduced 8.5% compared with the first half of the 2023 financial year, […]
Interim decision by the Environment Court
Port of Tauranga Limited has received an interim decision of the Environment Court provisionally granting resource consent for Stage 1 of its planned Sulphur Point wharf extension, subject to further matters being addressed to the satisfaction of the Court. Stage 1 involves constructing 285 metres of additional berth to the south of the Port’s existing […]
Port of Tauranga reports lower cargo volumes in first quarter
Port of Tauranga Limited (NZX:POT) today reported a drop in cargo volumes in the first quarter of the 2024 financial year. In the three months to 30 September, total trade was down 9.0% in volume compared to the same period last year, to 5.8 million tonnes. Port of Tauranga Chief Executive, Leonard Sampson, told the […]
New Director for Port of Tauranga Limited
Port of Tauranga Limited Chair, Julia Hoare, is pleased to announce the appointment of Fraser Whineray to the Board. Fraser will replace Quayside Holdings’ appointee Sir Rob McLeod KNZM. Fraser joined the Quayside Board on 1 October 2023. Ms Hoare said Fraser’s strong executive experience, including most recently as Chief Operating Officer of Fonterra and […]
Port of Tauranga improves financial performance as cargo volumes slow
Financial results for the year ended 30 June 2023 Port of Tauranga Limited (NZX:POT), New Zealand’s largest port, today reported a sound full year result, despite cargo volumes decreasing in the second half of the year. The company reported Group Net Profit After Tax of $117.1 million, a 5.2% increase on the previous year. Total […]
