Third Quarter 2022 Trade Volumes

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NZX AND MEDIA RELEASE
8 July 2022
Napier Port third-quarter 2022 trade volumes
Napier Port (NZX.NPH) today releases trade volume data for the third quarter and nine months ended 30
June 2022. Compared to the third quarter in 2021, containerised cargo volume increased by 1.5% and
bulk cargo volume decreased by 2%.
Napier Port Chief Executive Todd Dawson said ‘We are pleased to see an improvement in trade volumes
this quarter, following a challenging first half start to the financial year. Volumes for the quarter are
broadly in line with the prior year, indicating an easing in some of the additional pressures we faced
earlier in the year.
‘Container shipping conditions throughout the third quarter were largely unchanged from the first half,
with schedule reliability continuing to be unpredictable, resulting in missed or delayed vessels and larger
exchanges of cargo across fewer vessel calls.
‘Log volumes for the quarter remained relatively high, despite a small decrease compared to the prior
year, largely due to the third quarter 2021 being the highest quarterly log export volume on record at
Napier Port.
‘Despite the improvement in volumes since the first half of the financial year, we are continuing to see
the impact of shipping constraints, coupled with reduced overall production within customer operations
caused by Covid, labour shortages and weather events.’
Container Services
Total container volumes for the third quarter of 82k TEU
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increased 1.5% from 80k TEU in the same period
a year ago due to higher other container movements and containerised imports offsetting lower reefer
exports.
For the nine months year to date to June, total container volumes of 194k TEU have decreased 9.8% from
215k TEU in the same period a year ago. Full container volumes have decreased 9.1%, and empty and
other container movements decreased 10.8%.
Dry export cargo for the third quarter increased 1.3% to 16k TEU as higher wood pulp and canned food
offset lower timber volume.
Reefer export cargo for the third quarter decreased 13.7% to 20k TEU. The decrease was driven by lower
volumes of export apples and fresh and other chilled produce. Lower volumes of apples are being
exported as a result of industry labour shortages and weather events during the crop harvest. Other chilled
produce volumes have reduced as a result of lower onion exports, also due to industry labour shortages
and weather events earlier in the year.
Containerised imports for the third quarter increased 1.9% to 39k TEU due to continued growth in dry
imports. Dry imports have increased 5.4% during the nine months to June compared to the same period
in 2021.

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Twenty-foot container equivalent unit.

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Other container movements for the third quarter increased 87.5% to 6k TEU due to increased DLR
movements.
Container vessel calls for the third quarter were 54, down from the 58 calls in the prior year.
Bulk Cargo
Total bulk cargo volume, compared to the same periods a year ago, decreased 2% for the third quarter to
1.0 million tonnes, and decreased 6.3% for the nine months to 2.7 million tonnes.
Log export volumes decreased 42k tonnes, or 5.1%, to 774k tonnes for the third quarter and 154k tonnes,
or 6.9%, to 2,090k tonnes for the nine months as relatively high export volumes were maintained and
export conditions remained largely unchanged from the first half of the financial year.
Charter vessel calls for the third quarter were 81, down from the 89 calls in the prior year, and principally
due to larger average vessel load sizes for log charters.
Cruise Services
One domestic cruise vessel called during the nine months. With the recent removal of border restrictions
cruise vessel calls are expected to resume during the next financial year.

Napier Port notes that it intends to provide a further interim update to the NZX market regarding our June
quarter trading results on 24 August 2022.
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 2022 Trade Volume Data
The below trade volume data provides a summary of third quarter and nine months ended 30 June 2022
results compared to the prior period.
Container Services
TEU (000s)^
Q3
FY2022
Actual
Q3
FY2021
Actual
9 Months
FY2022
Actual
9 Months
FY2021
Actual
Exports



Wood pulp & timber 11 11 34 37

Canned food / other food & beverage 2 2 6 6

Other dry 2 2 7 8

Total dry 16 16 47 51


Apples & pears 12 14 16 19

Meat 4 4 12 14

Fresh & other chilled produce 3 4 10 12

Total reefer 20 23 37 45


Empty 2 1 6 3

Total exports 37 39 90 99

Imports



Dry 8 7 23 22

Reefer 1 1 3 3

Empty 30 30 67 78

Total imports 39 38 93 103


Other container movements (‘DLRs
and Tranships’)
6 3 12 14

Total Container Services volume 82 80 194 215

Vessels



Container ship calls 54 58 156 191

^Rounded to nearest thousand TEU


Bulk Cargo
Kilotonnes
Q3
FY2022
Actual
Q3
FY2021
Actual
9 Months
FY2022
Actual
9 Months
FY2021
Actual

Log exports 774 816 2,090 2,244

Other exports 54 45 135 144

Imports 168 155 479 499

Total Bulk Cargo volume 996 1,016 2,703 2,886

Vessels

Charter vessel calls 81 89 236 256

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Cruise Services

Q3
FY2022
Actual
Q3
FY2021
Actual
9 Months
FY2022
Actual
9 Months
FY2021
Actual
Vessels



Cruise vessel calls - - 1 -