Steady growth in container volumes and profits at the Port of Auckland

The Port of Auckland has announced steady growth in both container volumes and net profit for the six months ending 31December.

The half-year figures  revealed that container volumes increased by 3% to 490,723 teu from 476,349 teu while net profit after tax rose to NZ$28.9m (US$25.4) from NZ$26.4m (US$23.2) over the same period in 2013.

A statement from the New Zealand-based port explained that the container volume growth occurred despite an expectation that volumes would fall due to “the loss of a significant service and given the impact from congestion at overseas ports”.

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