Category Archives: Current news
Port of Tauranga to issue $100 million of wholesale bonds
Port of Tauranga Limited (NZX:POT) today announced that, following an institutional bookbuild for its offer of Seven Year Fixed Rate Notes, $100 million of bonds have been allocated to participants (or their clients). The transaction was arranged by BNZ. The … Continue reading
Port of Tauranga Sees Strong Growth in First Quarter Despite Covid Disruption
Port of Tauranga, New Zealand’s largest port, today reported a 6.9% increase in total trade to 6.8 million tonnes in the first quarter of the 2022 financial year. Exports increased 5.3% to 4.3 million tonnes and imports increased 9.8% to … Continue reading
Port of Tauranga Advises Move to Virtual Annual Meeting
Due to the ongoing uncertainty of the Covid-19 pandemic and the potential for Government mandated restrictions on gatherings at the time of the Annual Meeting, the 2021 Annual Meeting of Port of Tauranga Limited will now be held only virtually. … Continue reading
Port of Tauranga Result Boosted by Increased Trade Volumes & Strong Subsidiary and Associate Earnings
Financial results for the year to 30 June 2021 Port of Tauranga, New Zealand’s largest port, today reported Group Net Profit After Tax of $102.4 million, a 15.4% increase, on 25.7 million tonnes of trade. A 14.3% increase in log … Continue reading
Rio de la Plata Update: Tuesday 10 August
We have not received any official information from the Ministry of Health but have been advised informally that 109 negative tests have been received so far in this round of urgent testing. Almost all of our own frontline staff are … Continue reading
Port of Tauranga Reports Improved Profits Despite Widespread Disruption to Cargo Volumes and Operations
Port seeks consent for an additional berth to help alleviate Upper North Island supply chain congestion Port of Tauranga, New Zealand’s largest port and international freight gateway, today reported increased profitability for the first six months of the 2021 financial … Continue reading
First Quarter Cargo Volumes Impacted by Covid-19
Port of Tauranga, New Zealand’s international hub port, today reported flat earnings in the first quarter of the financial year, as Covid-19 continues to have an impact on supply chain efficiency and the global economy. From 1 July 2020 to … Continue reading
Port of Tauranga to issue $100 million of wholesale bonds
Port of Tauranga Limited (NZX:POT) today announced that, following an institutional bookbuild for its offer of Five Year Fixed Rate Notes, $100 million of bonds have been allocated to participants (or their clients). The transaction was arranged by BNZ. The … Continue reading
Port of Tauranga Chief Executive Announces Retirement
Port of Tauranga’s Chief Executive, Mark Cairns, has today given notice that he will retire in June 2021 after more than 15 years at the helm of New Zealand’s largest and most efficient port. Mr Cairns says the time feels … Continue reading
Port of Tauranga Offers Safe Harbour in a Global Covid-19 Storm
Financial results for the year to 30 June 2020 Port of Tauranga, New Zealand’s largest port, today reported Group Net Profit After Tax of $90.0 million on 24.8 million tonnes of trade. Despite the ongoing disruption caused by the Covid-19 … Continue reading
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