First Quarter 2021 Trade Volumes

NZX AND MEDIA RELEASE
15 January 2021
Napier Port first-quarter 2021 trade volumes
Napier Port (NZX.NPH) today releases trade volume data for the first quarter ended 31 December 2020.
Compared to the same period in the prior year, trade volumes increased 8.2% for bulk cargo led by growth
in log exports. Containerised cargo decreased 3.9% due to lower empty container volume diluting the
positive regional economic activity and overall growth in underlying containerised cargo volume shipped
through Napier Port.
Container Services
Total container volumes decreased by 3.9% to 57k TEU
1
from 60k TEU in the same period a year ago.
Underlying cargo laden, or ‘full’, container volumes (i.e. excluding empties and other container
movements) increased 2.6% whilst total empty and other container movement container volumes
decreased 11.5%.
Dry export cargo reduced by 3.1% to 18k TEU from 19k TEU in the same period a year ago. Wood pulp
and timber fell due to exporters’ plant maintenance and shut downs reducing pulp volumes presented for
export at Napier Port.
Reefer export cargo increased by 22.3% to 6k TEU from 5k TEU in the same period a year ago largely
due to increased meat export volumes.
Imported empty containers decreased by 21.5% reflecting container supply chain issues with shipping
and port congestion and general constrained availability of empty containers for repositioning to export
locations such as Napier Port. The prior year period saw relatively early positioning of empty containers
into the region in advance of the peak primary produce export season from Hawke’s Bay.
Other container movements, including DLRs and transhipped containers, increased by 2k TEU, or 89%,
to 5k TEU due to increased transhipment activity in the quarter.
Container vessel calls were down to 65 ships from 74 ships in the prior year due to continued shipping
service schedule disruptions largely caused by continued supply chain congestion regionally and globally.
Bulk Cargo
Total Bulk Cargo volume of 0.95 million tonnes was 8.2% more than the same period in the prior year.
Log export volumes increased 4.3% due to positive log export market conditions. Bulk import volume was
higher than the prior year due to increased volumes of oil products, cement and general cargo imports.
Charter vessel calls were 82, in line with the prior comparative period.
Cruise Services
No cruise vessels have called during the first quarter compared to 23 calls in the same period of the prior
year.
No cruise calls are expected during the 2020/2021 season.
1
Twenty-foot container equivalent unit.

Chief Executive Todd Dawson said: “We are pleased with the first quarter trade volumes, which indicate
the recovery is continuing across our regional primary sector trade base. The bounce back we saw in log
exports in the last quarter of our 2020 financial year has been sustained and complemented by strong
quarterly volume in our other bulk cargo trades as a result of robust regional economic activity.
“Underlying containerised cargo volume, particularly increased meat exports, has also demonstrated
growth in the quarter.
“Total container volumes are down and reflective of the current challenges with global supply chain
movements and the availability of empty containers, which remains an area of focus as we approach our
peak produce export season“.
Napier Port First-Quarter 2021 Trade Volume Data
The below trade volume data provides a summary of the results for the first quarter ended 31 December
2020 compared to the same period in the prior year.
Container Services
TEU (000s)^
Q1
FY2021
Actual
Q1
FY2020
Actual
Exports
Wood pulp & timber 13 14
Canned food / other food & beverage 2 2
Other dry 3 3
Total dry1819
Apples & pears 0 0
Meat 5 4
Fresh & other chilled produce 1 1
Total reefer6 5
Empty 1 2
Total exports25 26
Imports
Dry 7 7
Reefer 1 1
Empty 18 23
Total imports26 31
Other container movements (‘DLRs and Tranships’) 5 3
Total Container Services volume 57 60
Vessels
Container ship calls 65 74
^Rounded to nearest thousand TEU

Bulk Cargo
Kilotonnes
Q1
FY2021
Actual
Q1
FY2020
Actual
Log exports 697 668
Other exports 53 37
Imports 200 174
Total Bulk Cargo volume 950 878
Vessels
Charter vessel calls 82 82
Cruise Services
Q1
FY2021
Actual
Q1
FY2020
Actual
Vessels
Cruise vessel calls - 23
ENDS
For more information:
InvestorsMedia
Kristen Lie Jo-Ann Young
Chief Financial Officer Communications Manager
DDI: +64 6 833 4405 C: +64 27 214 3750
E:kristenl@napierport.co.nz E:jo-anny@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/