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Auckland volumes strong in FY Q1

Auckland volumes strong in FY Q1

Overall volumes were up nearly 8% on the same period last year with full import containers up more than 10%, full export containers up 4% and transhipment volumes up by more than 15%, reflecting the growing use of Auckland as a North Island hub port.

According to the company, the increase in import volumes is a reflection of the buying appetite of New Zealanders, and could be seen as encouraging as the country works its way out of the 2008/09 recession.

In a surprise announcement Jens Madsen, managing director of POAL has given notice of his decision to resign from POAL but will continue with the Company until the end of February 2011.

POAL chairman, John Lindsay, expressed appreciation to Madsen for his significant contribution to the company over the years that he has worked for the port and wished him well for the future.

Madsen said his five years with POAL had been a very important part of his career and life, and he was pleased to leave the organisation and business in a strong position going forward.