Port of Auckland continues to see positive results from its strategic focus on customer service, safety, and shareholder value.

Under the leadership of Chief Executive Roger Gray and Board Chair Jan Dawson, the port has reported solid growth and achieved significant milestones in infrastructure development, safety, and community engagement.

With a record half-year profit and plans for future growth, the port’s strategy is positioning it as a key player in Auckland's economic future.

The port has achieved a 98% increase in its underlying net profit after tax (NPAT), reaching $42 million for the first half of FY24.

This marks a significant jump from last year’s results, driven by a strong performance in container trade, which rose 8% year-on-year.

Despite challenges in the vehicle and construction sectors, CEO Roger Gray is optimistic about recovery in these markets later in the year.

“We have been providing an improved and more reliable service, and our location is the optimal route to market for many customers,” said Board Chair Jan Dawson.

She also highlighted the port’s ongoing commitment to safety with the introduction of the Approved Code of Practice and other safety initiatives.

Gray echoed this sentiment, stating that the port’s continued efforts to enhance safety and efficiency, including the launch of the Health and Safety Performance Index, are crucial to its long-term success.

The company has also invested in reducing its environmental impact, with the introduction of an Electric Empty Container Handler funded by the Energy Efficiency and Conservation Authority (EECA).

Looking to the future, Port of Auckland has increased its full-year NPAT expectations to $75-80 million.

This growth is supported by strong revenue, which has risen 20% to $195.4 million compared to the same period last year.

The port has also reduced its net debt by over $15 million, contributing to its financial strength and ability to invest in future growth initiatives.

In line with its growth strategy, the port has filed its consent application for the completion of the Bledisloe North and Fergusson North wharves, which will allow for larger ships and enhance Auckland's capacity to handle increasing freight and tourism demands.

For Aucklanders, Port of Auckland’s continued growth brings multiple benefits, including improved infrastructure, greater access to the waterfront, and better support for the city’s growing freight and tourism needs.

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