- CEO
- Leonard E. Sampson
- Full Time Employees
- 279
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- Salisbury Avenue Tauranga New Zealand
- IPO Date
- Aug 14, 2014
- Business
- Port of Tauranga Limited (NZX:POT; OTC:PTAUY) operates New Zealand's largest container port and international freight gateway, handling approximately one-third of the country's cargo, nearly 40% of exports and over 1.2 million twenty-foot equivalent units (TEUs) annually; core services encompass container terminal operations at Sulphur Point with nine ship-to-shore gantry cranes and 53 straddle carriers across 770 metres of wharf and 38 hectares of paved yard, bulk cargo wharves for forestry products including logs, kiwifruit and dairy, petroleum and fertiliser imports, coal, dry and liquid bulk, protein feeds, general cargo, breakbulk, refrigerated perishables and timber exports; marine services including pilotage, towage, bunkering at 22 points, stevedoring and vessel repairs; logistics through inland hubs such as MetroPort Auckland and Timaru Container Terminal; and property services with 190 hectares of port land including 40 hectares available for development. The company, founded in 1873 and headquartered in Mount Maunganui in the Bay of Plenty region, primarily serves forestry, farming, dairy and import sectors with exports directed to Japan, China, South Korea, Southeast Asia, Australia and Pacific Islands; it connects via state highways and rail to Hamilton, Auckland and central North Island, employing around 279 staff and generating revenue streams from port operations, rentals, investment properties and dividends. A subsidiary of Quayside Securities Limited, Port of Tauranga maintains strategic investments in regional feeder ports and recently completed the sale of its 50% stake in Northport to Marsden Maritime Holdings (MMH) as part of a June 2025 consortium acquisition by Northland Regional Council, Port of Tauranga and Tupu Tonu, recognizing a one-off gain of approximately $50 million excluded from underlying earnings; entered a five-year strategic partnership in May 2025 with Zespri and Tauranga Kiwifruit Logistics to expand kiwifruit exports by over 2% annually through 2029; advanced its Stella Passage development with a fast-track application under the Fast-track Approvals Act 2024 for 385-metre Sulphur Point and 315-metre Mount Maunganui berth extensions, though facing a judicial review upheld in August 2025; trialed New Zealand's first all-electric straddle carrier in July 2025 with government co-funding; and reported strong fiscal 2025 results with total trade up 7% to 25.3 million tonnes, container volumes up 5.3% and underlying group net profit after tax of $126 million.