Half Year 2023 Trade Volumes

NZX AND MEDIA RELEASE
6 April 2023
Napier Port half year 2023 trade volumes
Napier Port (NZX.NPH) today releases trade volume data for the half year ended 31 March 2023.
Compared to the same period a year ago, total container volumes increased 5.7%, total bulk cargo
volumes decreased 9.3%, and cruise vessel calls increased from 1 to 62 with the restart of international
cruise to New Zealand.
Chief Executive Todd Dawson said: “Prior to Cyclone Gabrielle (13-14 February), our underlying result
from operating activities was tracking towards the top end of our previously reported guidance range.
Subsequent damage to regional infrastructure and exporters’ premises and crops has resulted in reduced
cargo volumes for the remainder of the half year period.
“Noticeably, other container movements (DLRs and tranships) doubled compared to the same period last
year, reflecting the additional wharf availability Te Whiti is delivering and providing a relief valve for
congestion elsewhere. Two new weekly shipping services were confirmed this period, TS Lines Napier to
China direct that commenced in January and ANL Trans-Tasman service that commences on Sunday,
9th April.
“Road and rail access continues to open up, with key state highways to the North and South fully open
and rail services restarted from Woodville to Hastings on Monday 3rd April. Coastal shipping on the East
Coast is providing an additional access route for exporters in areas where road or rail is only partially
restored.
“We will provide a further update when we release our financial results for the 2023 half year towards the
end of May” Mr Dawson said.
Container Services
Total container volumes for the second quarter of the 2023 financial year decreased 0.6% to 59k TEU
from 60k TEU in the same period a year ago. For the half year, total container volumes of 119k TEU
increased 5.7% from 113k TEU in the prior period.
Full container volumes (i.e. excluding empties and other container movements) during the half year
period decreased 7% while empty and other container movements increased 23.2%, compared to the
same period a year ago.
Reefer export cargo for the half year decreased 18.1% to 15k TEU, driven primarily by trades impacted
by Cyclone Gabrielle. Export meat volumes decreased due to damaged road and rail links between
exporters and Napier Port, and squash and onion volumes decreased as weather events impacted both
the planting and harvesting of crops this season. Apple exports decreased 10.7% as a result of damage
and disruption suffered by exporters as a result of the cyclone.
Dry export cargo for the half year reduced 1% to 30k TEU. Wood pulp and timber exports were impacted
by cyclone damage to exporters’ premises and plant, and damage to road and rail links between exporters
and Napier Port.
Containerised imports for the half year increased by 6.5% from 54k TEU to 57k TEU. The increase was
primarily driven by higher empty container imports in the first quarter, in advance of seasonal produce
exports and due to improved container equipment availability. Dry imports decreased 5.9% to 14k TEU
on lower general cargo and fertiliser.

Other container movements for the half year, including DLRs and transhipped containers, increased
101.4% from 6k TEU to 12k TEU due to increased transhipment and restow activity.
Container vessel calls for the half year were 110, up from 102 calls in the prior year. The new TS Lines
direct to Asia NZE service commenced calling Napier Port from January, and the coastal Rangitata
service between Gisborne and Napier commenced from March.
Bulk Cargo
Total bulk cargo volume, compared to the same periods a year ago, decreased 21.2% for the second
quarter to 0.57 million tonnes, and 9.3% for the half year to 1.55 million tonnes.
Log export volumes decreased 175k tonnes, or 30.1%, for the second quarter and 172k tonnes, or 13.1%,
for the half year due to weaker volumes following Cyclone Gabrielle.
Charter vessel calls decreased to 149 from 155 in the same half year period a year ago.
Cruise Services
There were 62 cruise vessel calls during the half year period, and a total of 64 cruise vessel calls for the
2022-23 season, which completed in early April. There were 14 cruise cancellations following Cyclone
Gabrielle.

ENDS
For more information:

Investors Media
Kristen Lie Jo-Ann Young
Chief Financial Officer Corporate Affairs 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/

Napier Port Half Year 2023 Trade Volume Data
The below trade volume data provides a summary of second quarter and half year ended 31 March 2023
results compared to the prior period.
Container Services
TEU (000s)^
Q2
FY2023
Actual
Q2
FY2022
Actual
HY2023
Actual
HY2022
Actual
Exports



Wood pulp & timber 9 11 21 22

Canned food / other food & beverage 2 2 4 3

Other dry 2 2 5 5

Total dry 13 14 30 31


Apples & pears 2 3 3 3

Meat 3 4 7 8

Fresh & other chilled produce 3 5 5 7

Total reefer 9 12 15 18


Empty 3 2 5 5

Total exports 25 28 50 53

Imports



Dry 6 7 14 15

Reefer 1 1 2 2

Empty 21 21 42 37

Total imports 29 28 57 54


Other container movements (‘DLRs
and Tranships’)
6 3 12 6

Total Container Services volume 59 60 119 113

Vessels



Container ship calls 63 49 110 102

^Rounded to nearest thousand TEU


Bulk Cargo
Kilotonnes
Q2
FY2023
Actual
Q2
FY2022
Actual
HY2023
Actual
HY2022
Actual

Log exports 406 581 1,144 1,316

Other exports 23 26 71 81

Imports 141 117 334 311

Total Bulk Cargo volume 570 724 1,548 1,707

Vessels

Charter vessel calls 57 68 149 155

Cruise Services

Q2
FY2023
Actual
Q2
FY2022
Actual
HY2023
Actual
HY2022
Actual
Vessels



Cruise vessel calls 42 1 62 1