Cruise ships buoy Lyttelton half-year results

Container imports were down at Lyttelton. (Image: LPC)

Thu, 23 Mar 2023

Lyttelton Port Company saw net profit after tax for the six months to Dec 31 slip 2.6% to $12.1 million, on the back of a market slowdown and declining container volumes.The country's third-busiest port, and second biggest by export volumes, lifted operating revenue by 9.7% to $91m, from $83m on the comparable period.Container volumes were at 242,810 twenty-foot equivalent units (TEU) over the six months, down from 266,954 TEU for the comparable period. And while bulk fuels were up 9% at 532,969 tonnes and log volumes were up 3% at 221...

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