Napier Port – 2019 trade volumes in line with forecasts

NZX AND MEDIA RELEASE
24 October 2019
Napier Port 2019 trade volumes in line with forecasts
Napier Port (NZX.NPH) trade volume data for the year to 30 September 2019 released today shows trading
volumes in line with forecasts
1
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 semi-annual 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.
1
FY2019 Forecasts were detailed within the "Napier Port's Prospective Financial Information, a
reconciliation of non-NZ GAAP to NZ GAAP information and supplementary financial information"
document forming part of NPH's Initial Public Offering documents available on the Disclose Register
operated by the NZ Companies Office.

Napier Port 2019 Trade Volume Data
Container Services
TEU (000s)
FY2019
Actual
FY2019
Forecast
FY2018
Actual
FY2017
Actual
FY2016
Actual
Container Services volumes
Total 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
Vessels
Container ship calls 303 314 329 372 358
Bulk Cargo
Kilotonnes
FY2019
Actual
FY2019
Forecast
FY2018
Actual
FY2017
Actual
FY2016
Actual
Log exports 2,581 2,500 2,208 1,630 1,208
Other exports 167 223 177 241 262
Imports 656 657 686 634 555
Total Bulk Cargo volume 3,404 3,380 3,071 2,506 2,025
Vessels
Charter vessel calls 314 298 298 262 240
Cruise Services
FY2019
Actual
FY2019
Forecast
FY2018
Actual
FY2017
Actual
FY2016
Actual
Vessels
Cruise vessel calls 70 70 575445
ENDS
For more information:
ERIN HARFORD-WRIGHT
Senior Communications Advisor
DDI +64 6 833 4643 C +64 27 870 4884
About Napier Port
Napier Port is New Zealand’s fourth largest port by container volume. We are the main gateway for
Hawke’s Bay exports and operate a long-term regional infrastructure asset that supports the regional
economy. Our strategic purpose is to collaborate with the people and organisations that have a stake in
helping our region grow. Visit Napier Port’s investor centre:www.napierport.co.nz/investor-centre/