date:Aug 31, 2020
New Zealands port of Tauranga is reporting a group net profit of $90million and increased container volumes despite disruptions from the Covid-19 pandemic. The profit from the nations largest port is on 24.8 million tonnes of trade and it had an annual revenue of $302m down $11.3m on 2019.
Port of Taurangas Chair, David Pilkington, says the results reflect the turbulent year and are a strong performance in view of an almost 22% reduction in log exports: Some of our customers saw record export v