Port of Tauranga ups ante

MARTA STEEMAN
Last updated 14:11 13/01/2014
POT 19.500 0.00 0.00%
POT

Click for a detailed chart

Relevant offers

Industries

Cargo, container increase drives Port Nelson $18 million operating profit NZ renters are shut out of the housing market - Labour 'Bring it on': The Warehouse boss Nick Grayston says to rivals Yahoo nightmare continues for Spark customers Coca-Cola Amatil's new juice factory produces 800,000 bottles a day Dick Smith's demise, strong economy boosts The Warehouse profit A tale of two fridges - the digital divide reaches the kitchen Why building new isn't always the cheaper option Limitless watches clock up crowdfunding cash State houses among star green building projects

Port of Tauranga has thrown down the gauntlet to Lyttleton Port Company with the news it is setting up a freight hub in Rolleston on Christchurch's doorstep.

The move follows Port of Tauranga buying half of PrimePort Timaru and operating its container terminal.

Port of Tauranga Limited announced today that it had signed a conditional agreement with the Selwyn District Council to buy 15 hectares of land in the Izone industrial park for development as an intermodal freight hub.

Port Tauranga chief executive Mark Cairns said the 180-hectare industrial park 12 kilometres south of Christchurch had excellent road and rail connections, which had been established to cater for manufacturing, warehousing and logistics businesses.

The intermodal freight hub would receive, pack and distribute containerised cargo.

Cairns said establishing an intermodal freight hub at Rolleston would give South Island exporters the option to efficiently access Timaru while importers in the Christchurch area would have the option to ship through Timaru.

Ad Feedback

- Fairfax Media

Special offers

Featured Promotions

Sponsored Content