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Port of Tauranga returns strong first half performance and lifts profit guidance
Port of Tauranga Limited delivered a strong performance for the six months ended 31 December 2024, with Group Net Profit After Tax of $60.2 million – a 27.4% increase on the same period last year. Earnings and trade volumes recovered well after a particularly challenging start to the previous 2024 financial year. Total trade volumes […]
Consortium proposal to buy out Marsden Maritime Holdings
Please find attached a joint announcement from Northland Regional Council, Port of Tauranga Ltd and Tupu Tonu regarding a conditional agreement to buy out minority shareholders in Marsden Maritime Holdings. Port of Tauranga has entered into a Capital Contribution Agreement amongst the consortium partners to contribute $39.689 million (excluding transaction costs and wash-up adjustments), should […]
Port Tours donation to Waipuna Hospice
The recent Port Tours held in January were once again well supported by the community. We held 18 tours and over 734 people took the opportunity to take a tour inside the gates of the Port. A big part of the tours is raising money for Waipuna Hopsice and we have proudly donated $3,670.00. Thank […]
Second interim decision of the Environment Court
Port of Tauranga Limited has received a second interim decision of the Environment Court confirming that resource consent will be granted for stage one of its planned Sulphur Point berth extension. The decision requires some specific amendments to the conditions proposed by Port of Tauranga. Today’s decision comes after a three-week Court hearing in March […]
Port tours sold out
Port of Tauranga’s popular summer holiday port tours help us raise funds for one of our favourite charities, with all ticket proceeds going to Waipuna Hospice. Port tours are the only way members of the public can see beyond the security gate, as the whole port site is a Customs-controlled area. Join our expert guide […]
Port of Tauranga reports increase in cargo volumes in first quarter
Port of Tauranga Limited (NZX:POT) today reported increased cargo volumes in the first quarter of the 2025 financial year. In the three months to 30 September, total trade increased 7.6% in volume compared to the same period last year, to 6.2 million tonnes. Container volumes increased 17.0% to 292,860 TEUs[1]. Port of Tauranga Chief Executive, […]