2020 Annual Trade Volumes

NZX AND MEDIA RELEASE
14 October 2020
Napier Port 2020 financial year trade volumes
Napier Port (NZX.NPH) today releases trade volume data for the fourth quarter and financial year ended
30 September 2020. Trade volumes were down 1.1% for containerised cargo and 8.3% for bulk cargo,
compared to the prior year, with the COVID 19 lockdown in the third quarter responsible for much of the
fall.
Container Services
Total annual container volumes reduced by 1.1% to 268k TEU
1
from 271k TEU last year. Export
containers reduced by 5k TEU, or 4.2%, to 128k TEU and import containers reduced by 2k TEU, or 1.4%,
to 130k TEU.
Dry export cargo reduced by 8.6% to 69k TEU from 75k TEU last year. This included cargo classified as
‘non-essential’ during the COVID-19 Alert Level 4 lockdown, such as wood pulp and timber, wool and
paper products. Canned food and other food volumes were also lower.
Reefer export cargo increased by 1.4% to 54k TEU from 53k TEU last year. Apples, meat and other chilled
produce were categorised as ‘essential cargo’ and therefore continued to ship during the lockdown period.
Apple and pear volumes reduced by 1.0% and experienced a later seasonal shipping profile compared to
the prior year.
Containerised imports reduced by 1.4% to 130k TEU from 132k TEU last year due to small reductions in
imports of dry goods and empty containers.
Other container movements, including DLRs and transhipped containers, increased by 5k TEU, or 71%,
to 11k TEU.
Container vessel calls were down to 293 ships from 303 ships in the prior year. Shipping service schedule
disruptions arose due to COVID-19, congestion in Australian ports, and weather events.
Bulk Cargo
Bulk Cargo total volume of 3.1 million tonnes was 8.3% less than the prior year. Log export volumes
reduced 8.3% due to market disruptions in China in the second quarter and the Alert Level 4 cessation of
harvesting in the third quarter. Bulk imports were lower than the prior year due to lower demand for oil
products during the lockdown period and anticipated reductions in fertiliser volumes.
Charter vessel calls were 304 compared to 314 last year.
Cruise Services
As reported in our half-year report, our Cruise season was brought to an early end due to COVID-19 with
76 vessel calls.

1
Twenty-foot container equivalent unit.

Chief Executive Todd Dawson said: “Napier Port's trade volumes in the 2020 financial year have been
supported by resilient international demand for our region’s primary product exports, despite the
challenges of the COVID-19 pandemic.
“We are pleased with the recovery we have seen to our key trades since the end of the lockdown period
and the positive recovery we have seen in logs exports during the fourth quarter. Similarly, the local pipfruit
sector has managed to export virtually the same quantity as last year’s record season, despite the
challenges seen due to COVID-19, which is a great outcome.
“We will provide further information about our 2020 year when we release our financial results in
November.”

Napier Port 2020 Trade Volume Data
The below trade volume data provides a summary of fourth quarter and year ended 30 September 2020
results compared to the prior period.
Container Services
TEU (000s)^
Q4
FY2020
Actual
Q4
FY2019
Actual
FY2020
Actual
FY2019
Actual
Exports



Wood pulp & timber 13 14 50 52

Canned food / other food & beverage 2 2 8 10

Other dry 3 3 12 14

Total dry 18 19 69 75


Apples & pears 6 5 26 26

Meat 3 3 16 16

Fresh & other chilled produce 1 1 13 12

Total reefer 10 9 54 53


Empty 2 1 5 4

Total exports 29 29 128 133

Imports



Dry 7 7 28 29

Reefer 1 1 4 4

Empty 19 18 98 99

Total imports 27 26 130 132


Other container movements (‘DLRs
and Tranships’)
2 1 11 6

Total Container Services volume 59 56 268 271

Vessels



Container ship calls 70 70 293 303

^Rounded to nearest thousand TEU

Bulk Cargo
Kilotonnes
Q4
FY2020
Actual
Q4
FY2019
Actual
FY2020
Actual
FY2019
Actual

Log exports 717 657 2,365 2,581

Other exports 26 35 140 167

Imports 152 160 616 656

Total Bulk Cargo volume 896 852 3,121 3,404

Vessels

Charter vessel calls 81 73 304 314

Cruise Services

Q4
FY2020
Actual
Q4
FY2019
Actual
FY2020
Actual
FY2019
Actual
Vessels


Cruise vessel calls - 4 76 70

ENDS
For more information:

Investors Media
Kristen Lie Chris Lonergan
Chief Financial Officer External Communications Advisor
DDI +64 6 833 4405 027 255 0486
E: kristenl@napierport.co.nz E: chrisl@napierport.co.nz

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. View
Napier Port’s investor centre: www.napierport.co.nz/investor-centre/