Port of Tauranga Announces Changes to Senior Management Team

Port of Tauranga today announced that Chief Financial Officer Steve Gray will retire in June 2020 for health reasons.

Steve has served as CFO for the past 12 years and been with the Company for 32 years.

Port of Tauranga Chief Executive, Mark Cairns, says Steve has been instrumental in the Company’s success and he will be greatly missed.

“In Steve’s time as CFO, he has overseen outstanding returns for our shareholders. He led the team that negotiated the long-term freight agreement with Kotahi that enabled Port of Tauranga to become big ship capable and New Zealand’s largest port,” says Mark.

“He is greatly respected by the market and I am personally very grateful for his wisdom, sound judgement and great company.”

Steve was named CFO of the Year in the 2017 Deloitte Top 200 Business Awards. He will continue in governance roles on Port of Tauranga’s Associate Companies including PrimePort Timaru and Coda Group.

Recruitment for a new CFO will begin immediately.

In preparation for Steve’s retirement, Port of Tauranga’s Finance and IT Manager Simon Kebbell will take on the responsibilities of Company Secretary and join the Senior Management Team.  Simon joined the Company in 2003 and prior to this held management positions with both Ernst & Young and PricewaterhouseCoopers in Singapore.

Port of Tauranga also announced today the appointment of Leonard Sampson to the newly-created position of Chief Operating Officer, reporting to the Chief Executive.

Leonard has been the Port’s Commercial Manager since 2013, when he joined the Company after senior roles at KiwiRail, Carter Holt Harvey and Mainfreight.

For further details, contact:

Mark Cairns, Chief Executive
Port of Tauranga Limited
Ph: 07 572 8829
http://www.port-tauranga.co.nz/category/current-news/

 

Standard & Poor’s Upgrades Port of Tauranga Limited’s Credit Rating to “A-/A-2” on Consolidation of Strategic Position; Outlook Stable

On 27 August 2019, ratings agency Standard & Poor’s (S&P) raised their long-term issuer credit rating on Port of Tauranga Limited (POT) from “BBB+” to “A-“.  S&P have also affirmed POT’s “A-2” short-term rating.

This upgrade to POT’s long-term credit rating reflects POT has consolidated its competitive position within New Zealand on the back of strategic investments and constrained competitors.

 

For further details, please contact:

Steve Gray
Chief Financial Officer
Port of Tauranga Limited
Ph: 07 572 8805

Growth in Cargo Volumes Contributes to Increased Profit for Port of Tauranga Limited

FINANCIAL RESULTS FOR THE YEAR TO 30 JUNE 2019

Port of Tauranga, New Zealand’s largest port, today reported record cargo volumes and increased profits for the year to 30 June 2019.

Port of Tauranga continues to consolidate its position as New Zealand’s international hub port, with transhipment increasing 11.2%. The Port handled more than 26.9 million tonnes of cargo, an increase of 10.2% in volume, with containerised cargo growing 4.3% to more than 1.2 million TEUs[1].

Group Net Profit After Tax passed the $100 million milestone for the first time, increasing 6.7% on last year’s profit of $94.3 million to reach $100.6 million.

Highlights

  • Group Net Profit After Tax increases 6.7% to $100.6 million
  • Annual container throughput increases 4.3% to more than 1.2 million TEUs
  • Transhipment increases 11.2%, making up 32% of all container traffic
  • Log export volumes increase 12.5% to 7.1 million tonnes
  • Exports increase 11.2% to 17.1 million tonnes
  • Imports increase 8.4% to 9.8 million tonnes
  • Annual revenue increases 10.4% to $313.3 million
  • Final dividend of 7.3 cents per share bringing the full year dividend to 13.3 cents per share, a 4.7% increase on the previous year
  • A special dividend of 5.0 cents per share will also be paid, and the capital repayment programme will be extended for another four years

Port of Tauranga’s Chair, David Pilkington, said the results were evidence of Port of Tauranga’s success in becoming New Zealand’s major international hub port.

Transhipment, where containers are transferred from one service to another, has been growing significantly since 2016, when the Port completed its $350 million capacity expansion programme to accommodate bigger container ships. Transhipment now makes up 32.1% of the containers handled at Tauranga.

New Zealand shippers can access fast, big ship services that only call in Tauranga by utilising the sea links between Tauranga and Timaru, Napier, Nelson or Wellington.

Mr Pilkington says Port of Tauranga’s long-term agreements with key customers give it the assurance to plan ahead for increases in cargo growth. The Port recently renewed its ten year operating agreement with major customer Oji Fibre Solutions.

“Having the necessary infrastructure is one thing, but it is also vital to have the relationships to ensure we have the freight volume to attract the big ship services,” says Mr Pilkington.

“We have long-term agreements in place with key cargo owners such as Oji Fibre Solutions, Fonterra’s shipping supplier Kotahi Logistics and Zespri International.”

Port of Tauranga Chief Executive, Mark Cairns, says the number of containers transferred by rail to and from Port of Tauranga’s inland freight hub, MetroPort Auckland, increased 4.3% in the year to 30 June 2019. MetroPort Auckland now stands alone as the country’s fourth largest container terminal by volume.

Port of Tauranga recently announced a partnership with Tainui Group Holdings to support the development of the Ruakura Inland Port in Hamilton, about midway between Tauranga and MetroPort Auckland.

“This will help Waikato-based importers and exporters unlock the significant efficiencies to be gained by being directly linked by rail to the big ship services calling at Tauranga,” says Mr Cairns.

Port of Tauranga also expanded its MetroPort Christchurch inland freight hub by constructing a large warehouse that is being leased by associate company Coda Group to handle Westland Milk’s dairy exports.

Mr Cairns says development of the Group’s network of ports, inland freight hubs and logistics services, ensures importers and exporters in key cargo-producing areas throughout the country can access the efficiencies offered by bigger ships.

“The availability of rail and coastal shipping to consolidate cargo at Port of Tauranga, and the efficiency of the big ship services, means we can also offer a lower carbon supply chain to our customers,” says Mr Cairns.

Financial performance

Parent EBITDA (earnings before interest, tax, depreciation and amortisation) increased 12.4% to $168.6 million.

Earnings from Associate Companies decreased 27.5% after a very disappointing result from Coda Group, Port of Tauranga’s 50/50 joint venture with Kotahi. We are confident Coda will return to profitability in the next financial year. Coda’s new Chief Executive, Gerard Morrison, has embarked on an extensive change programme.

Port of Tauranga’s 100% Subsidiary Quality Marshalling had an outstanding year, with profits increasing 15.1%, and our joint venture in the South Island, PrimePort Timaru, increased its contribution by 36.6%.

Dividend policy

Port of Tauranga’s Board of Directors has declared a final dividend of 7.3 cents per share, bringing the full year’s dividend to 13.3 cents per share, a 4.7% increase on the previous year.

The last of four special dividends of 5.0 cents per share will be paid on 4 October 2019.

The Board has decided to extend the capital repayment programme from October 2020 through special dividends of 2.5 cents per share for another four years, subject to meeting certain conditions.

Cargo trends

Exports increased 11.2% to 17.1 million tonnes and imports increased 8.4% to 9.8 million tonnes for the year ended 30 June 2019.

Log exports increased 12.5% to 7.1 million tonnes. This trend is not expected to continue in the short term, with log prices declining in June following a drop in demand from China, New Zealand’s biggest log export market. We expect some impact on volumes in the coming months.

Sawn timber exports increased 5.4% in volume and, overall, forestry-related exports increased 10%.

Dairy product exports remained steady at just over 2.3 million tonnes, while imports of dairy herd food supplements and fertiliser decreased by 11.8% and 9.2% respectively.

Kiwifruit exports increased 15.2% during the period. Other primary produce sectors also performed strongly, with frozen meat exports increasing 18.8% in volume and apple exports increasing 54.3%.

Cement imports decreased 17.1% in volume and steel exports decreased 7.7%. Salt imports increased 26.8% in volume.

Oil product imports increased by almost 2% and dry chemical imports increased by almost 9%.

Ship visits decreased 3.9% to 1,678 for the year. The average size of vessels continues to increase.

Operational developments

Port of Tauranga is now planning for the next stage of growth and in response to customer demand, intends to add another container vessel berth by extending up to 385 metres to the south of the existing Sulphur Point wharves.

A ninth container crane will be delivered in January 2020.

People and safety

We continue to make progress in safety, a key focus, with a 55% reduction in Total Recordable Injury Frequency Rate and a 17% reduction in Injury Severity. We had one lost-time injury during the year, involving blistered feet.

Sustainability

We take climate change seriously in our business and we are proud to have one of the lowest carbon emissions per tonne of cargo handled of any port in New Zealand.  We are committed to the Paris Agreement target to keep global warming well below two degrees.

Port of Tauranga has gained CEMARS (Certified Measurement and Reduction Scheme) accreditation of its carbon emissions measurement and management.

The Port has set an initial short-term goal of a 5% reduction in Scope 1 emissions per cargo tonne and is targeting net-zero emissions by 2050.

Mr Cairns says the Company will “inset” the potential cost of carbon offsets by investing in sustainability initiatives within the business.

“This year we have set aside $1 million which we are investing in more expensive battery-hybrid straddle carriers. The largest source of our emissions is from diesel-powered straddle carriers at the container terminal,” he says.

“We are also replacing light vehicles with electric or hybrid models where available, and using biodiesel where we can.  Our modern fleet of ship-to-shore gantry cranes now all have sophisticated electric motors that re-generate up to 700 kw of electricity when lowering a container onto the vessel or terminal, which can then be made available to any adjacent cranes lifting containers or fed into the reefer blocks, greatly reducing our electricity consumption,” he says.

“We favour rail transport over road because of the lower emissions and are working with our rail partners KiwiRail to reduce train-related emissions through efficiency and technology.​  We are also working with our partners Pacifica Shipping to promote greater use of coastal shipping where feasible,” he says.

The availability of rail and coastal shipping to consolidate cargo at the Port, and the efficiency of the big ship services, means Port of Tauranga is the obvious choice for customers seeking the lowest carbon supply chain. Big ships of 7,500 to 9,500 TEUs have a carbon footprint more than 31% lower than the previous average size vessels calling in New Zealand.

In addition to our response to climate change we are also placing increasing focus on the impact of our growing business on our various communities and stakeholder groups.

“We are very pleased to have secured resource consent for our stormwater network at Mount Maunganui and we have also made significant progress in dust suppression and spill prevention. We encourage the moves to require ships to utilise low sulphur fuel and note the improvement that continues to be made in minimising the release of the log fumigant Methyl Bromide to the atmosphere,” says Mark.

Upper North Island Supply Chain Review

A Government-appointed working group is reviewing the current supply chain with a view to moving significant cargo volumes from Ports of Auckland to Northport in Whangarei (50% owned by Port of Tauranga). We see a growing role for Northport in helping to alleviate the pressure on Ports of Auckland.

We have outlined to the working group the significant capacity still available at Tauranga for cargo growth and we look forward to future reports, which we hope will address well-known issues such as the need for increased investment in road and rail networks and the historic under-performance of some port companies.

Outlook

Port of Tauranga is subject to external influences such as economic conditions, trade trends, technological change and the political environment. The Company continues to focus on maintaining diversity in its cargo and customer mix, giving it a range of revenue sources and ensuring it can capitalise on any new business opportunities.

Looking to the 2020 financial year, Mr Cairns says log volumes are expected to fluctuate in the coming months following the recent drop in international prices.

Port of Tauranga will provide an update on the first quarter’s trade, and earnings guidance for the full year, at the Annual Shareholders’ Meeting on 25 October 2019.

For further details, please contact:

Mark Cairns, Chief Executive
Port of Tauranga Limited
Ph: 07 572 8829
http://www.port-tauranga.co.nz/category/current-news/

[1] TEUs = twenty foot equivalent units, a standard measure of shipping containers

Presentation to Analysts

Port of Tauranga and Port Ruakura LP announce rail service partnership for Ruakura

Port of Tauranga and the TGH-subsidiary Port Ruakura LP today announced a long-term partnership to support the development of the planned Ruakura Inland Port at Hamilton.


Port of Tauranga Chief Executive Mark Cairns (left) and Tainui Group Holdings Chief Executive Chris Joblin (right).
 

The agreement allows Port of Tauranga’s cargo trains running between MetroPort Auckland and Tauranga to service Ruakura Inland Port, giving Waikato-based importers and exporters direct access to fast international shipping services calling at Tauranga. Tauranga is the only port call for the biggest container ships visiting New Zealand.

Port of Tauranga Chief Executive, Mark Cairns, says the planned Ruakura Inland Port offers significant cargo handling capacity and scope to meet future needs. The 480 hectare Ruakura estate has 192 hectares earmarked for logistics and industrial uses including the planned 30 hectare inland port.

“The Ruakura development will provide a highly efficient rail hub in the Waikato by utilising our existing train services linking our MetroPort Auckland inland freight hub with Port of Tauranga, which is New Zealand’s international hub port and the main cargo gateway for the upper North Island,” he says.

“It’s an excellent example of Port of Tauranga’s partnership approach to providing supply chain infrastructure beyond our Bay of Plenty hinterland.”

Tainui Group Holdings Chief Executive Chris Joblin welcomed the long-term partnership on behalf of Port Ruakura LP.

“This initial 30-year agreement with Port of Tauranga is a key step towards fulfilling our vision for Ruakura to unlock the golden triangle of Auckland, Hamilton and Tauranga for importers and exporters,” he says.

“The agreement will see Port of Tauranga trains initially call at Ruakura four times daily and this is likely to grow. This service will underpin the significant supply chain savings we have been modelling with prospective customers and tenants of Ruakura,” he says.

The golden triangle already accounts for around half of all freight volumes in New Zealand and container volumes are forecast to grow 60% in container volumes by 2042.

Port of Tauranga’s partner KiwiRail operates up to 86 trains per week between MetroPort Auckland and Tauranga, carrying up to 9,000 TEUs (twenty-foot equivalent units). The route currently has unused capacity and the additional service stop will improve utilisation and reduce the number of trucks on roads.

The agreement provides Port of Tauranga with priority rail slots at the Ruakura facility for an initial term of 30 years. Port Ruakura LP will provide the necessary infrastructure, including a rail siding, hardstand and cargo storage areas.

Development of the Ruakura Inland Port is scheduled to follow the completion of an adjacent Hamilton section of the Waikato Expressway currently expected to be late 2021.

KiwiRail CEO Greg Miller says the Upper North Island is a key growth region for KiwiRail and New Zealand.

“This is another example of the supply chain collaborating with KiwiRail to design and deliver rail infrastructure to better connect New Zealand,” he says.

For further information please contact:
Port of Tauranga
Rochelle Lockley
rochellel@port-tauranga.co.nz
+ 64 21 865 884

Tainui Group Holdings
Piet de Jong
+64 21 812 766
piet.dejong@baldwinboyle.com

For high resolution images, please follow this link:
https://www.dropbox.com/sh/jbws4bphtq7oqpn/AAC9v-Wd6UhPV10Q-5qCvgY5a?dl=0

Port of Tauranga CEO Mark Cairns wins Leadership Award

Port of Tauranga’s outstanding returns to shareholders were highlighted last night when Chief Executive Mark Cairns received the prestigious Caldwell Partners Leadership Award at the 2019 INFINZ Awards.

The INFINZ (Institute of Finance Professionals) Awards recognise innovation and excellence in the financial and capital markets sector (https://www.infinz.com/Site/INFINZAwards/​).

The expert judging panel noted Port of Tauranga’s excellent productivity rates, industry-leading safety record, increasing cargo volumes and shareholder returns that have compounded by an average 20.4 per cent since Mr Cairns took the helm. The company’s market capitalisation has grown more than six-fold to $4 billion since Mr Cairns was appointed Chief Executive in 2005.

Mr Cairns said the accolade was one to be shared by the entire Port of Tauranga team.

“It recognises the extraordinary efforts of a fantastic bunch of people working at Port of Tauranga. I am proud to accept this award on their behalf and I am privileged to lead a company that has achieved so much,” he said.

Upper North Island Supply Chain Strategy

Port of Tauranga today responded to the interim progress report on the Upper North Island Supply Chain Strategy released on Saturday.

The Chief Executive of New Zealand’s largest port (handling 43 per cent of New Zealand’s total export volumes), Mark Cairns, said the progress report raised a number of themes and issues in the port industry and New Zealand freight network.

“The progress report identifies well-known issues such as the need for increased investment in road and rail networks and the historic financial under-performance and inconsistent reporting by some ports,” he said.

“We challenge some of the facts, assumptions and implications in the interim report, and we’re hopeful these will be addressed before the next report due in June. For example, the report states that the Bay of Plenty and Waikato have benefitted from rail infrastructure and investment provided by the Government at no capital cost to the end user. This ignores the $267 million in rail costs paid by Port of Tauranga since 2010.”

“We look forward to hosting the working group on their first visit to Port of Tauranga in the coming months,” said Mr Cairns.

For further details, contact:

Mark Cairns

Chief Executive

Port of Tauranga Limited

Ph: 07 572 8829

 

http://www.port-tauranga.co.nz/category/current-news/

Port of Tauranga Posts Strong First Half Performance

18 February 2019

Port of Tauranga Posts Strong First Half Performance

FINANCIAL RESULTS FOR THE SIX MONTHS TO 31 DECEMBER 2018

Port of Tauranga (NZX.POT), New Zealand’s largest port, today reported a strong start to the 2019 financial year, with increased cargo volumes contributing to a 4.0% increase in Group Net Profit After Tax to $49.0 million.

Highlights

  • Total trade increased 8.8% to nearly 13.6 million tonnes
  • Container volumes grew 5.1% to 621,117 TEUs
  • Group Net Profit After Tax increased 4.0%, to $49.0 million for the six months to 31 December 2018
  • Transhipment growth continued, with volumes increasing 18.9% to 174,983 TEUs
  • Imports increased 5.7% from 4.7 million tonnes to almost 5.0 million tonnes
  • Exports increased 10.8% from 7.7 million tonnes to 8.6 million tonnes, with a significant increase in log exports (up 11.7%)
  • Interim dividend of 6 cents per share, up 5.3% on the previous period’s dividend.

Half year trade volumes at the country’s busiest cargo gateway grew by 8.8% overall.

Transhipment volumes, where containers are transferred from one service to another at Tauranga, continue to rise as the Port solidifies its role as an international hub.  It allows shippers from all over New Zealand to access fast and frequent connections to North Asia and South America.  Transhipments made up more than a fifth of containers handled over the six month period.

Port of Tauranga Chair, David Pilkington, said the results were very pleasing.

“Group operating profit grew 4.0% in the first half of the financial year. Tauranga is working very well as an international hub port for shippers looking to quickly and efficiently access large ship container services.

“Tauranga is the only New Zealand port that can easily accommodate these big ships and we are very pleased by the amount of transhipment occurring from other New Zealand locations as well as Australia,” said Mr Pilkington.

Bulk cargo volumes also continued to grow, driven largely by the increase in log exports but also increases in kiwifruit, meat and apple exports.

Port of Tauranga’s inland freight hub, MetroPort Auckland, handled a 3.8% increase in containers to set a new record in cargo transferred by rail to and from Auckland during the seasonal peak between October and December.

Port of Tauranga Chief Executive, Mark Cairns, said it was pleasing that KiwiRail had been able to gear up quickly to transfer shipments diverted to Tauranga due to operational issues in Auckland.

He said Port of Tauranga was continually assessing the future needs of importers and exporters to ensure we invest in a timely manner the meet the anticipated growth.

“It has been two and a half years since the successful completion of our expansion programme to accommodate larger ships,” he said.

“All evidence points to a continuing trend to larger vessels. Our strategy to create long term value for our shareholders is clearly working and we are now planning for the next stage of cargo growth,” said Mr Cairns.

A ninth container crane has been ordered for delivery in 2020 and preparations are under way to extend the container terminal quay by up to 385 metres by converting port-owned land south of the existing 770-metre quay. The Company is assessing options for increasing container storage and handling capacity.

Reconfiguration of existing wharf space is under way on both sides of the harbour to ensure efficient cargo handling.

“We also have the capacity to increase train frequency in future as required,” said Mr Cairns.

Rail is Port of Tauranga’s preferred mode of cargo transfer due to its environmental benefits and to avoid contributing to road congestion, which is an ongoing concern for Tauranga residents due to the massive population growth in the region.

“Long term value creation for our shareholders is only possible if we keep up our efforts to enhance our environmental performance, our relationships with our employees, our suppliers and our community,” said Mr Cairns.

In the six months to 31 January 2019, the Port’s use of rail avoided the equivalent of more than 300,000 truck movements.

Port of Tauranga has renewed its long-term operating agreement with Oji Fibre Solutions, New Zealand’s major manufacturer of market kraft pulps, container board and packaging products. Oji has committed to consolidating the majority of its import and export cargo volumes through Port of Tauranga for the next decade.

Cargo trends

Log exports remain buoyant on the back of strong demand from China and record international prices. Log volumes increased 11.7% to 3.7 million tonnes for the six month period, while sawn timber volumes increased 9.0%.

Kiwifruit volumes increased 30.2% compared with the previous corresponding period, with the trend continuing towards refrigerated containerisation of kiwifruit exports.

Other produce exports also grew substantially, with volumes of frozen meat increasing 17.3% and apples increasing 64.9% compared with the same period last year.

Dairy product exports remained steady, with the volumes the same as the first half of the last financial year.

Imported oil products, fertilisers, chemicals and bulk liquids remained steady or decreased slightly. Salt and grain imports increased 15.5% and 7.3% respectively.

Ship visits decreased 5.4% to 842 in the six month period but their average length continues to increase.

Subsidiary/Associate Companies

Quality Marshalling, which is 100% owned by Port of Tauranga, continues to perform well with a refreshed portfolio of cargo and service contracts. Its earnings increased 36.4% compared with the previous corresponding period.

Our Associate Companies’ earnings declined compared with the previous six month period.

Industry environment

Mr Pilkington said Port of Tauranga was pleased the Government have preserved the opt-out provisions of Multi Employer Collective Agreements (MECA) in proposed employment legislation.

“However, we are concerned about the potential impacts of the recommendations from the Fair Pay Agreement Working Group and we will be watching developments closely,” he said.

Mr Pilkington said that the likely outcome of the Government’s Upper North Island Supply Chain Study was unclear at this stage.

“We have had brief contact with the working group to date and we await their report with interest,” he said.

Outlook

Port of Tauranga is on track to deliver a strong result for the full financial year, subject to any significant change in the global trading environment and the usual cyclical fluctuations in commodity cargo volumes.

We expect our earnings to be at the upper end of the previous guidance of $96 to $101 million given at our Annual Meeting in October.

For further details, please contact:

Mark Cairns, Chief Executive                                                 David Pilkington, Chair
Port of Tauranga Limited                                                        Port of Tauranga Limited
Mob: 021 978 887                                                                   Mob:  021 609 635

2018 Interim Report
Presentation to Analysts

Oji Fibre Solutions & Port of Tauranga Renew Long Term Operating Agreement

Oji Fibre Solutions and Port of Tauranga have today confirmed their long term relationship has been extended with the renewal of their Operating Agreement for a further 10 years.

Oji Fibre Solutions is New Zealand’s major manufacturer of market kraft pulps, container board and packaging products. The company has committed to consolidating the majority of its import and export cargo volumes through Port of Tauranga for the next decade.

The agreement reflects the long and productive relationship between the two companies, dating back to the 1950s.

Murray Horne, General Manager of Oji Fibre Solutions’ logistics arm Lodestar, says the renewed agreement enables the continuation of operational synergies across the export supply chain for Oji and their associated forest products export customers.

“We continue to focus on facilitating an optimal supply chain solution for our pulp and paper mills based in the central North Island and Eastern Bay of Plenty. By utilising the infrastructure at the port, and the rail and road links to our production facilities, we deliver the most logical solution for our business” he says.

Oji leases a purpose-built, 22,000 m2 warehouse at Port of Tauranga’s container terminal. The shed was constructed by Port of Tauranga for Oji in 2017 to enable improvements in quality and greater flexibility around product storage, handling and packing.

Port of Tauranga Chief Executive, Mark Cairns, says the agreement strengthens a mutually beneficial strategic partnership and assists both companies to continue building their businesses.

“Partnerships of this nature allow both parties to plan rationally for the long-term. We value the faith that Oji continues to place in Port of Tauranga as its port for the future,” said Mr Cairns.

For further information, please contact:

Mark Cairns
Chief Executive
Port of Tauranga Limited
Ph 07 572 8829

 

Philip Millichamp
Group Manager – Environment & External relations
Oji Fibre Solutions (NZ) LimitedSwir
Ph 07 885 5629

Nga Matarae Scholarship 2019

The Trustees of Ngā Mātarae Charitable Trust are pleased to offer the Ngā Mātarae Scholarship Programme.

The Trust is a partnership between the Port and Tauranga Iwi with the primary purpose to promote the wellbeing of Te Awanui Tauranga Harbour.

Applicants intending to undertake study in a discipline that will benefit the wellbeing of the harbour and who are descendants of Tauranga Moana iwi (Ngāti Ranginui, Ngāi Te Rangi and Ngāti Pūkenga) are invited to apply.

Applications closed at midday on Wednesday 23 January 2019.

 

Port of Tauranga Investor Day – 13 November 2018

The attached presentation was prepared for the Port of Tauranga Investor Day held in Tauranga on Tuesday 13 November 2018.

Investor Day Presentation