Port of Tauranga Announces New Commercial Manager

Port of Tauranga today announced Blair Hamill as its new Commercial Manager, effective 1 July 2020.

Blair replaces Leonard Sampson, who was appointed to the newly-created position of Chief Operating Officer in September 2019.

Blair is currently the Chief Global Supply Officer for Zespri International. Blair has worked for the world’s largest marketer of kiwifruit for the past 20 years. He has held a variety of senior roles at Zespri including Global Commercial Manager and is a former chartered accountant.

Port of Tauranga Chief Executive, Mark Cairns, said the Company was delighted to have secured Blair’s expertise and experience.

“Blair’s strong commercial acuity, customer insights and financial discipline will be invaluable to Port of Tauranga as we expand to meet customer needs,” said Mr Cairns.

 

Tainui Group Holdings and Port of Tauranga team up to deliver Ruakura Inland Port

Tainui Group Holdings and Port of Tauranga today announced they plan to develop a 50:50 joint venture to bring the Ruakura Inland Port at Hamilton to fruition within two years.

The new joint venture will take an initial 50-year ground lease to establish the inland port, and plans to start port operations at Ruakura following the opening of the nearby Hamilton section of the Waikato Expressway, currently scheduled for the end of 2021.

Parekawhia McLean, Chair of Te Whakakitenga o Waikato, the Waikato-Tainui parliament (and parent organisation of Tainui Group Holdings) said the iwi is pleased to team up with New Zealand’s largest international hub port to bring Ruakura Inland Port to life.

“It’s exciting to confirm a concrete path forward for this project of national significance which will unlock economic, social and environmental benefits for New Zealand, our region and our iwi,” Ms McLean said.

Port of Tauranga Chief Executive, Mark Cairns, says there is a strong logic to team up with Tainui Group Holdings to unlock efficiencies for importers and exporters by utilising Ruakura Inland Port.

This new partnership adds to our strong and growing capacity to serve the Auckland, Waikato and Bay of Plenty regions. It combines our own expertise in developing and operating ports, the deep regional connections of Tainui Group Holdings and the scale and efficiencies offered by Ruakura and its road and rail connections,” Mr Cairns said.

“By enhancing the MetroPort Auckland to Tauranga rail service with calls at Ruakura, we can unlock significant environmental and economic benefits for freight customers,” he said.

Local communities will also benefit, with TGH modelling showing a potential 60,000 truck movements per year removed from the region’s roads when Ruakura is fully developed.

Chris Joblin, Chief Executive of Tainui Group Holdings, said the shared strategic interest with Port of Tauranga had become increasingly obvious as the market landscape evolved.

“This agreement brings clarity and certainty to the development of Ruakura Inland Port and signals we are open for business.  As the largest port in New Zealand, Port of Tauranga will bring world class expertise in developing and running ports,” said Mr Joblin.

“We are excited to enter this partnership based on strongly aligned values and interests. And for our iwi, it means we can make the inland port a reality in a way that retains the underlying whenua, which will never be sold.”

“With 192 hectares earmarked for logistics and industrial uses, we expect a number of other customer conversations in progress to bear fruit in the coming months as distribution and logistics companies and manufacturers seek out a preferential location at Ruakura.”

Port of Tauranga and Tainui Group Holdings have been in talks since initially signing a rail services agreement in mid-August last year to enable Port of Tauranga’s cargo trains running between MetroPort Auckland and Tauranga to service Ruakura Inland Port.

The “golden triangle” of Auckland, Hamilton and Tauranga 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.

KiwiRail operates up to 86 trains per week for Port of Tauranga 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.

Ruakura is a visionary logistics hub designed to help importers and exporters unlock the golden triangle. Offering genuine scale, the core of the development is a 30ha inland port which will offer direct access to major seaports via main trunk rail services and the Waikato Expressway. Complementing the inland port is a 192ha logistics and industrial precinct offering room to grow for businesses seeking a substantial footprint, and adjoining precincts for commercial, residential and retail use. Ruakura is long-term project by Tainui Group Holdings (TGH) and its business partners. TGH’s track record includes quality developments at The Base, one of New Zealand’s largest shopping centres, and hotels at Auckland Airport and Hamilton as part of the $950m diversified portfolio it manages on behalf of 76,000 Waikato-Tainui iwi members.

Port of Tauranga Announces New Chief Financial Officer

Port of Tauranga Limited today announced Simon Kebbell as its new Chief Financial Officer, effective 1 July 2020.

Simon succeeds Steve Gray, who retires at the end of June after 12 years as CFO and 32 years with the Company.

Simon is currently Port of Tauranga’s Finance and IT Manager, and Company Secretary. He joined the Company in 2003.

Prior to joining Port of Tauranga, Simon was Manager – Internal Audit for PricewaterhouseCoopers in Singapore. He also held senior positions at Ernst & Young in Singapore and Auckland.

Port of Tauranga Chief Executive, Mark Cairns, said Simon’s appointment was a great outcome for the Company after an extensive international executive search process.

“Simon’s strategic leadership, deep knowledge of the business and commercial acumen will serve us well as we enter the next stage of the port’s growth,” he said.

 

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/

Corporate Services Manager Sara Lunam to retire

Port of Tauranga Limited today announced that Corporate Services Manager, Sara Lunam, will retire from the Company in March 2020.

Sara has been with the Company for almost ten years.

Port of Tauranga Chief Executive, Mark Cairns, says Sara helped drive the Company to its industry-leading position in safety performance. She has worked with regulators and legislators on new workplace safety and employment legislation and been a champion for regional business as a board member of Priority One and the Employers and Manufacturers’ Association.

“Sara’s experience in mergers and acquisitions was also invaluable as we integrated other companies into the Port of Tauranga Group over the last decade, including Tapper Transport, Priority Logistics, Coda Group and Timaru Container Terminal,” says Mark.

Sara will leave Port of Tauranga on 13 March and recruitment for a new Corporate Services Manager will begin immediately.

 

Port of Tauranga Welcomes Next Stage of Port Discussions

Port of Tauranga is looking forward to participating in discussions on the future of the Upper North Island Supply supply chain.

Chief Executive, Mark Cairns, said today that he hoped Port of Tauranga’s expertise in operating New Zealand’s largest and most efficient port would be helpful to the decision-making process.

“A two port solution is workable, subject to land-side infrastructure investment, and would address concerns about economic land use in Auckland,” said Mr Cairns. “We completely agree with the Government’s view that a final decision needs to be made with the benefit of robust facts and figures.”

“International experts have told us that Port of Tauranga can easily accommodate up to 2.8 million TEUs1 on our current footprint. We already have the next stage of capacity expansion under way.”

“There is also the opportunity to factor in the current and future freight handling capacity of the inland freight hubs in the Waikato, including the Ruakura Inland Port in Hamilton,” said Mr Cairns.

“We still have plenty of capacity on the rail connection between Tauranga and Auckland, with the ability to double the current number of trains per day. Already, about half of all our cargo is transported by rail and about 95% of our Auckland-related containers are transported by rail to and from MetroPort, our inland port in South Auckland.”

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/

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

Port of Tauranga Chair David Pilkington Wins Prestigious Business Award

Port of Tauranga Limited’s David Pilkington has been named Chairperson of the Year in the Deloitte Top 200 Business Awards.

David joined the Port of Tauranga Board in July 2005 and has been Chair since 2013. Since then, Port of Tauranga has successfully completed its strategy to become “big ship capable” and is now by far New Zealand’s largest port. The Company’s market capitalisation has more than doubled during his tenure as Chair to more than $4.6 billion.

David’s win last night scores a hat trick for Port of Tauranga Limited at the prestigious annual awards. Mark Cairns won the accolade for Chief Executive of the Year in 2012, while Chief Financial Officer, Steve Gray, won CFO of the Year in 2017.

Mark said David’s win was well-deserved.

“I appreciate David’s steady and pragmatic leadership style, as well as his deep understanding and experience in governance,” said Mark.

“He ensures a diverse range of opinions are heard from around the board table. His foresight has helped us stay focused on our long-term goals, while remaining flexible and responsive to our operating environment,” he said.

“David has a very direct approach and does not shy away from pulling the management team into line when he sees the need.”

David was a member of Fonterra’s senior executive and has a strong background in marketing, international business and supply chain logistics. He holds directorships in Port of Tauranga Trustee Company Limited, Northport Limited and PrimePort Timaru Limited. He is also Chair of Douglas Pharmaceuticals Limited and Rangatira Limited.

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/

Ngā Mātarae Scholarship 2020

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 midday Friday 27 March 2020.

For full details, click on the link below:

2020 Scholarship Application and Whakappa Form

Cargo Volumes Flat at Port of Tauranga in First Quarter of Financial Year

Port of Tauranga, New Zealand’s international hub port, today reported a slight decrease in cargo volumes for the first quarter of the 2020 financial year.

From 1 July 2019 to 30 September 2019, Port of Tauranga handled nearly 6.8 million tonnes of cargo, a 1.1% decrease on the same period last year.

Log exports dropped 5.2% in volume to just over 1.7 million tonnes, following a sharp decrease in international prices and demand in the past few months.

Dairy product exports decreased 1.7% compared with the same period last year.

However, container numbers increased overall to more than 312,000 TEUs, a 5.8% increase on the first quarter of last financial year.

Transhipments, where a container is transferred from one service to another at Tauranga, increased 9.2% to more than 92,000 TEUs.

Port of Tauranga Chief Executive, Mark Cairns, told the Company’s Annual Meeting of Shareholders today that the unaudited Group Net Profit After Tax for the first quarter was $21.7 million, down 6.3% from $23.2 million in the previous corresponding period.

“Based on the first quarter’s performance, and notwithstanding any significant market changes, we expect full year earnings to be between $96 and $101 million,” said Mr Cairns. ”This is the same guidance we gave at last year’s Annual Meeting for this year’s record result.”

For more information, please contact:

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

Chair Review
 
Chief Executive Review
 
Presentation

Port of Tauranga welcomes Upper North Island Supply Chain Study’s second report

Port of Tauranga today welcomed the long-awaited second report of the Upper North Island Supply Chain Study.

Port of Tauranga Chief Executive, Mark Cairns, said a two port solution was workable, subject to land-side infrastructure development, and would address concerns about economic land use in Auckland.

Mr Cairns agreed with the working group’s observation that the economic analysis needed some refinement, as some of the cost, future capacity and cargo forecast figures were at odds with Port of Tauranga’s data.

“We haven’t discussed the assumptions with the consultants and would welcome the opportunity to do so,” he said.

“We recently engaged Netherlands-based container terminal experts TBA Group to complete a capacity development review that shows we can accommodate up to 2.8 million TEUs per annum on our current footprint.”

“The report points out that Port of Tauranga is among the world’s 10 most efficient ports. Port of Tauranga is New Zealand’s busiest port, with room to grow and the next stage of capacity expansion already under way,” he said. “There is also the opportunity to factor in the current and future freight handling capacity of the inland freight hubs in the Waikato, including the Ruakura Inland Port in Hamilton.”

Mr Cairns said freight owners would continue to choose the most reliable and cost effective supply chain.

“The working group’s challenge is to now ensure that its preferred scenario can achieve this, given the cost of developing the necessary rail and port infrastructure to unlock Northport’s potential.”

 

For further information, please contact:

Rochelle Lockley, Port of Tauranga

Ph 021 865 884

Email rochellel@port-tauranga.co.nz

 

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/