Third Quarter 2025 Trade Volumes

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NZX AND MEDIA RELEASE
10 July 2025
Napier Port third-quarter and nine-month 2025 trade
volumes
Napier Port (NZX.NPH) today releases trade volume data for the third quarter and nine months ended 30
June 2025. Compared to the third quarter in 2024, containerised cargo volume increased by 12.7% and
bulk cargo volume increased by 2%. For the nine months to June, containerised cargo volume increased
by 13.4% and bulk cargo volume decreased by 6%.
Chief Executive Todd Dawson said: “Container volumes maintained their positive momentum in the third
quarter and for the nine months overall. Good growing conditions led to an early apple picking season,
and strong refrigerated container volumes have continued through the third quarter. Dry export containers
have increased for the nine months as a result of Pan Pac’s return to full pulp and timber operations. Bulk
cargo volumes have decreased for the nine months, given last year was boosted by additional windthrown
logs. However, a rise in log exports in the third quarter has contributed to a small upswing in bulk cargo
volume overall for the quarter.
“We will provide a further update when we release our nine-month interim financial results on 20 August
2025.” Mr Dawson said.
Container Services
Total container volumes for the third quarter of 81k TEU
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increased 12.7% from 72k TEU in the same
period a year ago. For the nine months to June, total container volumes of 194k TEU increased 13.4%
from 171k TEU in the prior period.
Full container volumes during the nine-month period increased 12.2%, and empty and other container
movements increased 14.6%, compared to the same period a year ago.
Reefer export cargo for the third quarter increased 18.2% to 21k TEU. Export apple volumes increased
27.6% and meat exports decreased 13.1%. For the nine months, total reefer export cargo increased
10.9% to 40k TEU.
Dry export cargo for the third quarter decreased 5.7% to 13k TEU, as wood pulp exports reduced
following WPI’s closure last year. For the nine months, total dry export cargo increased 15.7% to 38k
TEU.
Containerised imports for the third quarter increased 18.9% to 38k TEU. Dry containers increased 23.9%
on a lift in general cargo imports, and empty containers increased 18.1% to support higher export cargo.
For the nine months, containerised imports increased 8.5% to 89k TEU.
Other container movements for the third quarter increased 3.2% to 7k TEU and for the nine months
increased 61.5% to 19k TEU, mainly due to increased restow activity and transhipments following service
changes among container shipping lines.
Container vessel calls for the third quarter were 70, up from 60 calls in the prior year. The nine-month
period also reported an increase of 10 vessels, or 5.4%, year on year.

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Twenty-foot container equivalent unit.

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Bulk Cargo
Total bulk cargo volume, compared to the same periods a year ago, increased 2% for the third quarter to
0.78 million tonnes, and decreased 6% for the nine months to 2.49 million tonnes.
Log export volumes increased 39k tonnes, or 6.1%, for the third quarter and decreased 159k tonnes, or
7.3%, for the nine months. Lower volumes were primarily due to the prior year period containing logs
sourced from central north island windthrown forests.
Charter vessel calls for the third quarter were 61, up from 57 calls in the prior year.
Cruise Services
There was one further cruise vessel call in the third quarter, bringing the 2024-25 season total to 78 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/

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Napier Port Third Quarter 2025 Trade Volume Data
The below trade volume data provides a summary of third quarter and nine months ended 30 June 2025
results compared to the prior period.
Container Services
TEU (000s)^
Q3
FY2025
Actual
Q3
FY2024
Actual
9 Months
FY2025
Actual
9 Months
FY2024
Actual
Exports



Wood pulp & timber 8 9 26 21

Canned food / other food & beverage 2 2 5 5

Other dry 2 2 7 7

Total dry 13 13 38 33


Apples & pears 14 11 21 15

Meat 3 4 10 11

Fresh & other chilled produce 4 3 10 10

Total reefer 21 18 40 36


Empty 2 2 7 7

Total exports 36 33 85 77

Imports



Dry 6 5 19 17

Reefer 1 1 3 3

Empty 31 27 68 63

Total imports 38 32 89 82


Other container movements (‘DLRs
and Tranships’)
7 7 19 12

Total Container Services volume 81 72 194 171

Vessels



Container ship calls 70 60 194 184

^Rounded to nearest thousand TEU

Bulk Cargo
Kilotonnes
Q3
FY2025
Actual
Q3
FY2024
Actual
9 Months
FY2025
Actual
9 Months
FY2024
Actual

Log exports 676 637 2,030 2,189

Other exports 7 27 58 82

Imports 96 100 401 375

Total Bulk Cargo volume 779 764 2,489 2,647

Vessels

Charter vessel calls 61 57 182 176

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Cruise Services

Q3
FY2025
Actual
Q3
FY2024
Actual
9 Months
FY2025
Actual
9 Months
FY2024
Actual
Vessels



Cruise vessel calls 1 1 78 89