Wellington, March 6, 2026 — CentrePort Limited, operator of Wellington’s port, reported solid financial performance for the first half of the 2026 financial year, with an unaudited underlying profit of NZ$8.7 million. The result, announced earlier this week, represents a NZ$0.5 million improvement over the same period last year. Net revenue was marginally ahead of budget, driven by higher trade volumes in key categories: containers, logs, and bulk fuel. The port company described itself as “broadly on target” to meet its full-year forecast, supported by commercial developments including the addition of three new container shipping services. As of mid-February, CentrePort has positioned itself as a key hub for Mediterranean Shipping Company, strengthening its role in regional and international networks. The positive half-year outcome comes amid ongoing major infrastructure work, including the replacement project for Cook Strait ferries, which remains a significant focus for the company. CentrePort emphasized that while the results reflect continued growth, there is “no room for complacency” in a competitive shipping environment.(End)
CentrePort Wellington Posts Strong Half-Year Profit Amid Trade Volume Growth Wellington, March 6, 2026 — CentrePort Limited, operator of Wellington’s port, reported solid financial performance for the first half of the 2026 financial year, with an unaudited underlying profit of NZ$8.7 million. The result, announced earlier this week, represents a NZ$0.5 million improvement over the same period last year. Net revenue was marginally ahead of budget, driven by higher trade volumes in key categories: containers, logs, and bulk fuel. The port company described itself as “broadly on target” to meet its full-year forecast, supported by commercial developments including the addition of three new container shipping services. As of mid-February, CentrePort has positioned itself as a key hub for Mediterranean Shipping Company, strengthening its role in regional and international networks. The positive half-year outcome comes amid ongoing major infrastructure work, including the replacement project for Cook Strait ferries, which remains a significant focus for the company. CentrePort emphasized that while the results reflect continued growth, there is “no room for complacency” in a competitive shipping environment.(End)