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First Quarter 2022 Trade Volumes

Operational Update19 January 2022NPHIndustrials

NZX AND MEDIA RELEASE
20 January 2022

Napier Port first-quarter 2022 trade volumes

Napier Port (NZX.NPH) today releases trade volume data for the first quarter ended 31 December 2021.

Compared to the same period in the prior year, trade volumes increased 3.4% for bulk cargo led by

increased log exports. Containerised cargo volume decreased by 7.7% principally due to less container

repositioning activity and continued container shipping schedule disruption.

Container Services

Total container volumes decreased by 7.7% to 53k TEU

1

from 57k TEU in the same period a year ago.

Underlying cargo laden, or ‘full’, container volumes (i.e. excluding empties and other container

movements) decreased 3.5% whilst total empty and other container movement container volumes

decreased 13.4%.

Dry export cargo reduced by 12% to 16k TEU from 18k TEU in the same period a year ago. Wood pulp

and timber decreased by 6.9% to 12k TEU. Timber exports were lower due to stronger domestic demand.

Wood pulp rose year on year, as the prior year volumes were impacted by exporters’ plant maintenance

and shut downs. Both trades continued to be impacted by shipping schedule disruptions and shipping

capacity constraints resulting in some modal shift from containerised to bulk cargo.

Reefer export cargo decreased by 5.4% principally due to lower meat export volumes that have been

impacted by shipping schedule disruptions and shipping capacity constraints.

An increase in dry general cargo imports mostly offset fewer empty import containers, resulting in a 3.2%

decrease of containerised imports.

Other container movements, including DLRs and transhipped containers, decreased by 3k TEU to 2k TEU

due to lower container repositioning activity in the quarter.

Container vessel calls were down to 53 ships from 65 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 0.98 million tonnes was 3.4% higher than the same period a year ago. Log

export volumes increased 5.4%. Other bulk volumes were slightly down on the prior comparative period.

Charter vessel calls increased to 87 from 82 in the same quarter a year ago.

Cruise Services

No cruise calls are expected during the 2021/2022 season.




1

Twenty-foot container equivalent unit.

Napier Port First-Quarter 2022 Trade Volume Data
The below trade volume data provides a summary of the results for the first quarter ended 31 December

2021 results compared to the same period in the prior year.

Container Services

TEU (000s)^

Q1

FY2022

Actual

Q1

FY2021

Actual

Exports




Wood pulp & timber 12 13


Canned food / other food & beverage 2 2


Other dry 2 3


Total dry 16 18



Apples & pears 1 0


Meat 4 5


Fresh & other chilled produce 2 1


Total reefer 6 6



Empty 3 1


Total exports 25 25


Imports




Dry 9 7


Reefer 1 1


Empty 16 18


Total imports 26 26



Other container movements (‘DLRs and Tranships’) 2 5


Total Container Services volume 53 57


Vessels




Container ship calls 53 65


^Rounded to nearest thousand TEU



Bulk Cargo

Kilotonnes

Q1

FY2022

Actual

Q1

FY2021

Actual


Log exports 734 697


Other exports 55 53


Imports 194 200


Total Bulk Cargo volume 983 950


Vessels


Charter vessel calls 87 82


Cruise Services


Q1

FY2022

Actual

Q1

FY2021

Actual

Vessels



Cruise vessel calls - -



ENDS

For more information:


Investors Media

Kristen Lie Jo-Ann Young

Chief Financial Officer Communications Manager

DDI: +64 6 833 4405 DDI: +64 6 833 4521

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/

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.

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