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Hot Topic EARNINGS
Hot Topic EARNINGS
Infrastructure
3 mins to read

Port of Tauranga scuttles env’t court process, bets on fast track

Port says it’s now reaching capacity constraints while the court approval process drags through five years.

Kiwifruit containers awaiting export at Port of Tauranga.

Key points
  • Revenue: up 12.5% to $225m on total trade of 12.4m tonnes
  • Profit: net profit after tax up 27.4% at $60.2m
  • Main takeaway: A positive year on a bumper Kiwifruit export crop, amid concerns as to the laggard consenting process via the courts.

Port of Tauranga has shelved its time-consuming consenting process through the Environment Court and will rely on the Fast-Track Approvals Act to get its Stella Passage project over the line.

That was after the court received several appeals following its interim approval for the first stage of the

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Brent Melville Fri, 28 Feb 2025
Contact the Writer: bmelville@nbr.co.nz
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Key points
  • Revenue: up 12.5% to $225m on total trade of 12.4m tonnes
  • Profit: net profit after tax up 27.4% at $60.2m
  • Main takeaway: A positive year on a bumper Kiwifruit export crop, amid concerns as to the laggard consenting process via the courts.
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Port of Tauranga scuttles env’t court process, bets on fast track
Infrastructure,
108062
true