Napier Port Holdings Limited logo

Third Quarter 2021 Trade Volumes

Operational Update9 July 2021NPHIndustrials

NZX AND MEDIA RELEASE
9 July 2021

Napier Port third-quarter 2021 trade volumes

Napier Port (NZX.NPH) today releases trade volume data for the third quarter and nine months ended 30

June 2021. Compared to the third quarter in 2020, trade volumes increased by 61.8% for bulk cargo, led

by log exports. Containerised cargo volume increased by 8.3% due to wood pulp and timber and empty

container increases.

Napier Port Chief Executive Todd Dawson said: ‘Log export volumes for June 2021 and for the quarter

were the highest on record. Strong, sustained offshore demand for New Zealand wood is driving

significant growth in the volume of logs exported by our customers.

‘Container volumes are ahead of last year’s COVID-19 Alert Level 4 lockdown affected volumes, which is

also very pleasing given the ongoing disruption to ship calls due to global shipping congestion and adverse

weather events.’

Container Services

Total container volumes for the third quarter of 80k TEU

1

increased 8.3% from 74k TEU in the same period

a year ago due to increased volumes of wood pulp and timber exported and empty containers that were

repositioned to Napier Port later than the prior year. For the nine months to June, total container volumes

of 215k TEU increased 2.8% from 210k TEU in the prior period. Full container volumes (i.e. excluding

empties and other container movements) increased 0.9%, and empty and other container movements

increased 5.4%.

Wood pulp and timber exports for the third quarter, which increased by 21.3% on the same period a year

ago, have continued to be affected by shipping schedule disruptions and shipping capacity constraints.

The prior comparative period volume was also negatively affected by COVID-19 when non-essential cargo

ceased to enter the Port during the Alert Level 4 lockdown period from 25 March to 27 April 2020.

Reefer export cargo for the nine months increased 1.4% to 45k TEU. The increase was driven by higher

volumes of export meat and other fresh and chilled produce offset by containerised apples which

decreased 4.8% to 19k TEU.

Other container movements for the nine months, including DLRs and transhipped containers, increased

68.3% to 14k TEU due to increased transhipment activity related to the supply chain disruptions.

Container vessel calls for the nine months were down to 191 ships from 223 ships in the same period last

year, due to ongoing disruptions to shipping schedules and some days of restricted shipping due to

weather events during the third quarter.

Bulk Cargo

Bulk cargo total volume for the third quarter of 1.02 million tonnes was 61.8% higher than the same period

a year ago. Log export volumes for the quarter of 0.82 million tonnes increased 75.6% due to sustained

strong log export market conditions. For the nine month period to June, log export volumes of 2.24 million

tonnes were 36.1% higher than the same period a year ago, and total bulk cargo 29.7% higher. In the


1

Twenty-foot container equivalent unit.

prior year period, bulk cargo volumes were negatively affected by the cessation of forest harvesting during
the COVID-19 Alert Level 4 lockdown period.

Charter vessel calls increased to 256 from 223 in the same nine month period a year ago, as a result of

the increase in bulk cargo volume.

Cruise Services

No cruise vessels have called during the nine months due to the closed international border. In the same

period of the prior year 76 cruise ships called at Napier Port.


Napier Port notes that it intends to provide a further interim update to the NZX market regarding our June

quarter trading results on 25 August 2021.

ENDS

For more information:


Investors Media

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 gateway for Hawke’s Bay and

lower North Island’s 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/



Napier Port Third Quarter 2021 Trade Volume Data
The below trade volume data provides a summary of third quarter and nine months ended 30 June 2021

results compared to the prior period.

Container Services

TEU (000s)^

Q3

FY2021

Actual

Q3

FY2020

Actual

9 Months

FY2021

Actual

9 Months

FY2020

Actual

Exports




Wood pulp & timber 11 9 37 37


Canned food / other food & beverage 2 2 6 6


Other dry 2 3 8 9


Total dry 16 14 51 51



Apples & pears 14 16 19 20


Meat 4 4 14 13


Fresh & other chilled produce 4 4 12 11


Total reefer 23 24 45 44



Empty 1 1 3 3


Total exports 39 39 99 98


Imports




Dry 7 7 22 21


Reefer 1 1 3 3


Empty 30 26 78 79


Total imports 38 34 103 103



Other container movements (‘DLRs

and Tranships’)

3 2 14 9


Total Container Services volume 80 74 215 210


Vessels




Container ship calls 58 76 191 223


^Rounded to nearest thousand TEU



Bulk Cargo

Kilotonnes

Q3

FY2021

Actual

Q3

FY2020

Actual

9 Months

FY2021

Actual

9 Months

FY2020

Actual


Log exports 816 465 2,244 1,648


Other exports 45 33 144 114


Imports 155 131 499 464


Total Bulk Cargo volume 1,016 628 2,886 2,226


Vessels


Charter vessel calls 89 70 256 223


Cruise Services


Q3

FY2021

Actual

Q3

FY2020

Actual

9 Months

FY2021

Actual

9 Months

FY2020

Actual

Vessels



Cruise vessel calls - - - 76

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

Other issuers discussed similar conditions around this time

Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.