Port of Auckland wins market share from Tauranga

First-half revenue at the port is up but further hikes to user charges are likely. (Image: POAL)

Thu, 22 Feb 2024

Port of Auckland has gained market share from other ports, helping drive a slightly improved first-half result and a $20 million dividend to the council.Analysts from Forsyth Barr said in a research note earlier this week that Port of Tauranga, the biggest container port in the country, had been losing market share to its northern competitor.Results from Port of Auckland (POAL) for the first half of the 2024 financial year back that up, with the port recording an 8% increase in laden import and export containers from 204,088 twenty-foot contain...

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