Port of Tauranga ups ante

MARTA STEEMAN
Last updated 14:11 13/01/2014
POT 4.430 0.00 0.00%
POT

Click for a detailed chart

Relevant offers

Industries

MediaWorks promise no cuts to local shows as it posts $15m loss Big Oil faces threat of glut amid rise of green energy MPI said SOS Hydration needs more sugar, a dietitian said less salt Australian consumer watchdog takes health insurer NIB to court over concealing changes Singles scene in Hamilton speeds up More Banks Group shoe shops could shut after talks with receiver Chart of the day: How Port Nelson's exports are faring Burger Fuel opens in the United States Investors and the business of water Nelson rides tourism wave to claim country's top economic region

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