First Quarter 2025 Trade Volumes

NZX AND MEDIA RELEASE
10 January 2025
Napier Port first-quarter 2025 trade volumes
Napier Port (NZX.NPH) today releases trade volume data for the first quarter ended 31 December 2024.
Compared to the first-quarter 2024, trade volumes increased 4.1% for containerised cargo, decreased
9.5% for bulk cargo, and increased 20% for cruise, with 24 vessels calling.
Container Services
Total container volumes increased by 4.1% to 44k TEU
1
from 43k TEU in the same period a year ago.
Underlying full, or “cargo laden”, container volumes (i.e. excluding empties and other container
movements) increased 10.3% and total empty and other container movement volumes decreased 2.7%.
Dry export cargo increased by 25.6% to 12k TEU from 10k TEU in the same period a year ago. This is
mainly due to the reinstatement of Pan Pac’s wood pulp and timber mills, more than offsetting ceased
WPI pulp and timber production, and higher canned and other food and beverages.
Reefer export cargo remained at 5k TEU as higher apples and pears were offset by lower frozen meat
exports.
Containerised imports decreased by 14.9% to 20k TEU from 24k TEU. The decrease was driven by empty
container imports decreasing 22.4% to 13k TEU as a result of later movements of container equipment
by shipping lines. Dry imports and reefer imports were flat against the prior comparative period.
Other container movements, including DLRs and transhipped containers, increased to 5k TEU from 1k
TEU due to higher container repositioning activity compared to the first quarter of the prior year.
Container vessel calls increased to 61 ships from 58 ships in the prior year.
Bulk Cargo
Total Bulk Cargo volume of 0.91 million tonnes decreased 9.5% compared to the same period a year ago.
Log exports decreased 11% to 0.73 million tonnes, primarily due to the prior year period containing logs
sourced from central north island windthrown forests.
Charter vessel calls decreased to 63 from 64 in the same quarter a year ago as lower bulk cargo volume
was partially offset by smaller average vessel load sizes.
Cruise Services
Cruise vessel calls during the first quarter were 24, up from 20 in the prior year.
Assuming no further booking cancellations, Napier Port now has actual calls plus remaining bookings
totalling 79 cruise vessels for this cruise season.




1
Twenty-foot container equivalent unit.

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 the gateway for Hawke’s Bay and lower North Island’s exports and operates a long-term
infrastructure asset that supports the regional economy. We service containers, bulk cargo, and host a significant
number of cruise ship visits. 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: https://www.napierport.co.nz/investor-
centre/

Napier Port First-Quarter 2025 Trade Volume Data
The below trade volume data provides a summary of the results for the first quarter ended 31 December
2024 compared to the same period in the prior year.
Container Services
TEU (000s)^
Q1
FY2025
Actual
Q1
FY2024
Actual
Exports



Wood pulp & timber 8 6

Canned food / other food & beverage 2 1

Other dry 2 2

Total dry 12 10


Apples & pears 1 -

Meat 3 4

Fresh & other chilled produce 1 1

Total reefer 5 5


Empty 2 3

Total exports 19 18

Imports



Dry 6 6

Reefer 1 1

Empty 13 16

Total imports 20 24


Other container movements (‘DLRs and Tranships’) 5 1

Total Container Services volume 44 43

Vessels



Container vessel calls 61 58

^Rounded to nearest thousand TEU


Bulk Cargo
Kilotonnes
Q1
FY2025
Actual
Q1
FY2024
Actual

Log exports 726 816

Other exports 16 26

Imports 172 168

Total Bulk Cargo volume 914 1,010

Vessels

Charter vessel calls 63 64

Cruise Services

Q1
FY2025
Actual
Q1
FY2024
Actual
Vessels



Cruise vessel calls 24 20