Half Year 2025 Trade Volumes

NZX AND MEDIA RELEASE
9 April 2025
Napier Port half year 2025 trade volumes
Napier Port (NZX.NPH) today releases trade volume data for the half year ended 31 March 2025.
Compared to the same period a year ago, total container volumes increased 13.9%, total bulk cargo
volumes decreased 9.2%, and cruise vessel calls decreased from 88 to 77.
Chief Executive Todd Dawson said: “We have seen good momentum in our container volumes this first
half. Pan Pac’s return to full pulp and timber operations has resulted in a strong uplift in our dry export
container cargo volume, and good growing conditions contributed to an earlier apple picking season,
bolstering our refrigerated container cargo volume. As a result of shipping line service changes, we
processed significantly higher DLR and transhipment volume, compared to the same period last year.
Softer bulk cargo volumes reflect the absence of windthrown logs, that we benefited from in our first half
volumes last year.
“We will provide a further update when we release our financial results for the half year on 21 May 2025”
Mr Dawson said.
Container Services
Total container volumes for the second quarter of the 2025 financial year increased 21.4% to 68k TEU
from 56k TEU in the same period a year ago. For the half year, total container volumes of 112k TEU
increased 13.9% from 98k TEU in the prior period.
Full container volumes (i.e. excluding empties and other container movements) during the half year
period increased 13.6% and empty and other container movements increased 14.3%, compared to the
same period a year ago.
Reefer export cargo for the half year increased 3.7% to 19k TEU. Export apple volumes increased 78.4%
whereas meat exports decreased 11.8%, and fresh and other chilled produce including squash and onions
decreased 18.5%.
Dry export cargo for the half year increased 30.2% to 26k TEU, 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
general cargo.
Containerised imports for the half year increased by 1.7% from 50k TEU to 51k TEU.
Other container movements for the half year, including DLRs and transhipped containers, increased
135.3% from 5k TEU to 12k TEU due to increased restow activity and transhipments following service
changes among container shipping lines.
Container vessels were flat half year on half year at 124 calls.
Bulk Cargo
Total bulk cargo volume, compared to the same periods a year ago, decreased 8.8% for the second
quarter to 0.80 million tonnes, and 9.2% for the half year to 1.71 million tonnes.
Log export volumes decreased 108k tonnes, or 14.6%, for the second quarter and 197k tonnes, or 12.7%
for the half year. Lower volumes were primarily due to the prior year period containing logs sourced from
central north island windthrown forests.

Charter vessel calls increased to 121 from 119 in the same half year period a year ago due to higher non-
log bulk cargo volumes.
Cruise Services
There were 77 cruise vessel calls during the half year period, with one remaining call scheduled in May.
In the same half year period a year ago there were 88 cruise vessel calls.

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 2025 Trade Volume Data
The below trade volume data provides a summary of second quarter and half year ended 31 March 2025
results compared to the prior period.
Container Services
TEU (000s)^
Q2
FY2025
Actual
Q2
FY2024
Actual
HY2025
Actual
HY2024
Actual
Exports



Wood pulp & timber 9 6 18 12

Canned food / other food & beverage 2 2 3 3

Other dry 2 2 5 4

Total dry 13 10 26 20


Apples & pears 6 3 7 4

Meat 4 4 7 8

Fresh & other chilled produce 5 6 6 7

Total reefer 14 13 19 18


Empty 2 2 4 5

Total exports 30 25 49 43

Imports



Dry 6 6 12 12

Reefer 1 1 2 2

Empty 24 20 36 36

Total imports 31 26 51 50


Other container movements (‘DLRs
and Tranships’)
7 5 12 5

Total Container Services volume 68 56 112 98

Vessels



Container ship calls 63 66 124 124

^Rounded to nearest thousand TEU


Bulk Cargo
Kilotonnes
Q2
FY2025
Actual
Q2
FY2024
Actual
HY2025
Actual
HY2024
Actual

Log exports 629 736 1,355 1,552

Other exports 35 30 50 56

Imports 133 107 305 275

Total Bulk Cargo volume 796 873 1,710 1,883

Vessels

Charter vessel calls 58 55 121 119

Cruise Services

Q2
FY2025
Actual
Q2
FY2024
Actual
HY2025
Actual
HY2024
Actual
Vessels



Cruise vessel calls 53 68 77 88