INDEPENDENT NEWS

Napier Port 2019 trade volumes in line with forecasts

Published: Thu 24 Oct 2019 09:36 AM
Napier Port (NZX.NPH) trade volume data for the year to 30 September 2019 released today shows trading volumes in line with forecasts released at the time of the launch of its initial public offer in July of this year.
Napier Port intends to provide volume data updates on a quarterly basis as part of its reporting program on an ongoing basis. Napier Port’s 2019 financial results will be published on 19 November 2019.
Container Services
Combined export and import trade TEU volume of 267k was 2.5% above forecast for the year and 3.2% higher compared to 2018. Combined with fewer Discharge, Load, Restows (DLRs or ‘other container movements’) the total container TEU volume of 271k was 1% ahead of forecast and 2% ahead of the prior year.
Higher export volumes were driven by a record export season for apples, increased meat exports and decreased canned food / other food exports.
Missed calls due to weather events and shipping service changes contributed to lower container vessel calls than forecast.
Bulk Cargo
Bulk Cargo total volume of 3,404k Tonnes was 1% above forecast for the year. Log volumes were in line with forecasts, supported by higher log volumes from the Gisborne region during the fourth quarter. Other exports were lower than forecast due to fewer exports of bulk timber and lower tallow volumes, amongst other smaller categories.
Cruise Services
The 70 cruise vessel calls for the 2019 financial year were in line with forecasts and represented 22.8% growth compared to 2018.
Napier Port 2019 Trade Volume Data
Container Services TEU (000s) FY2019
ActualFY2019 ForecastFY2018
ActualFY2017
ActualFY2016
ActualContainer Services volumesTotal exports 134 132 130 142 128 Total imports 133 128 129 140 124 Other container movements 4 8 7 7 6 Total Container Services volume 271 269 266 288 257 VesselsContainer ship calls 303 314 329 372 358
Bulk Cargo Kilotonnes FY2019
ActualFY2019 ForecastFY2018
ActualFY2017
ActualFY2016
ActualLog exports 2,581 2,500 2,208 1,630 1,208Other exports 167 223 177 241 262Imports 656 657 686 634 555Total Bulk Cargo volume 3,404 3,380 3,071 2,506 2,025VesselsCharter vessel calls314 298 298262 240
Cruise Services FY2019
ActualFY2019 ForecastFY2018
ActualFY2017
ActualFY2016
ActualVesselsCruise vessel calls 7070 57 5445

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