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CentrePort Regeneration – Thorndon Container Wharf Reinstatement Project

A project to reinstate operational capacity of CentrePort’s Thorndon Container Wharf has commenced.

Prior to the 2016 Kaikoura earthquake the wharf was 585-metres long but was severely damaged by the quake. Temporary repairs restored 125 metres of operational width for the two gantry cranes to work along.

Following ground resilience work earlier this year, the reinstatement programme is underway to increase the operational width to up to 250 metres.   

The project is part of CentrePort’s regeneration programme that is delivering on our vision of a 21st century logistics supply chain asset to benefit the business, the community, and the New Zealand economy.

The project will enhance the resilience of what is a critical supply chain asset for CentrePort’s container operation and its customers including importers, exporters, and shipping lines.

Project Details

The works will involve the insertion of piles which will support new steel structures which will create a frame to support the lengthened operational area.

The piling makes two sounds. One is a regularly repeated sound, the second is a high frequency vibration sound.

Sound Management

A sound management plan in place, and monitoring will be conducted to ensure the operation is compliant with Resource Management Act requirements and Council consents.

The work will be limited to between 7:30am to 6pm Monday to Saturday.

Your patience is appreciated while these important resilience works are undertaken.

For further information: This email address is being protected from spambots. You need JavaScript enabled to view it.

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CENTREPORT REGENERATION – CURRENT PROGRESS AND FUTURE POTENTIAL

CentrePort CEO Derek Nind has announced details of an ambitious regeneration programme that will support its business objectives of;

- Building a long term sustainable and resilient business

- Growing freight capacity

- Optimising land use and enabling urban integration

- Strengthening relationships with stakeholders.

The finalisation last year of the 2016 Kaikoura earthquake insurance claims totalling $667.2 million has given CentrePort the surety to progress regeneration plans.

Using world-class international and New Zealand expertise, CentrePort can regenerate the port and deliver a 21st century logistics asset which will deliver the best for our people, our customers, our community, and our environment.

Exciting opportunities include:

- A revamped commercial port layout utilising new technology that will significantly increase cargo volumes, providing greater prosperity to the central New Zealand economy.

- Opening up a new inner harbour precinct, enhancing the urban integration between the port and the city, providing more space for buildings, things to see and more waterfront to enjoy.

CentrePort already has the ‘shovels in the ground’ across a range of major infrastructure projects to deliver on its business objectives.  We are keen to have a conversation with our stakeholders about the exciting possibilities in the future.

You can see more details of the regeneration programme at https://regeneration.centreport.co.nz/

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CENTREPORT CONTINUES TO BUILD REGENERATION MOMENTUM

CentrePort’s regeneration continued to gain momentum while it provided essential services through the COVID crisis in what has been a challenging 2019/20 financial year.

CentrePort recorded an underlying net profit after tax (NPAT), before earthquake impacts, changes in fair value, and realisation of financial instruments of $14.7m.   Total comprehensive income net of tax was $157m.

This compares to an underlying NPAT of $17.6m in FY19.   A dividend of $5m was paid to shareholders compared to $4m last year.

Read more: CENTREPORT CONTINUES TO BUILD REGENERATION MOMENTUM