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BusinessSeptember 21

Port Otago profit rises 82% to $32m

Port Otago has recorded a healthy result for the year off the back of increased trade and the return of cruise ships.
Port Otago profit rises 82% to $32m
Port Otago profit rises 82% to $32m
DunedinJuly 6

Noisy container ship on penultimate visit

One of the noisiest cargo ships to visit Port Chalmers is on its penultimate trip to Otago Harbour.
Noisy container ship on penultimate visit
Noisy container ship on penultimate visit
BusinessFebruary 23

Port Otago posts 42% profit increase

Port Otago has posted a $9.2 million half-year profit for the six months ending December 31, up 42% on the previous corresponding period.
Port Otago posts 42% profit increase
Port Otago posts 42% profit increase
DunedinApril 10

Worker hurt in forklift fire at Port Chalmers

Worksafe has been notified after a side-loading forklift caught fire at Port Chalmers on Monday evening, injuring a worker.
Worker hurt in forklift fire at Port Chalmers
Worker hurt in forklift fire at Port Chalmers
DunedinSeptember 4

ORC denies hindering development

City councillor David Benson-Pope says the Otago Regional Council and its companies should get out of the way of development on Dunedin's waterfront.
DunedinAugust 1

Port Otago reaps profit

Port Otago has reaped a massive profit selling its contentious shareholding in rival Lyttelton Port of Christchurch (LPC) for $65.7 million, a 77% gain on the investment.
BusinessJuly 4

'Taiaroa' due soon

Port Otago's new $11 million tug Taiaroa is about halfway on its delivery voyage from Vietnam and is due to arrive in Port Chalmers later this month.
BusinessJune 26

Not in race to deepen shipping channel

Port Otago does not expect to be forced into a race with competitor Lyttelton Port of Christchurch (LPC) over their respective plans to deepen shipping channels, with the possibility of larger container vessels coming to New Zealand in the near future.
BusinessJune 26

Bigger ships expected

Visits by larger container ships are on the horizon following commitments made by freight company Kotahi to the Port of Tauranga, Timaru's PrimePort and the world's largest shipping company, Maersk.
DunedinMay 30

Changes to stay

Last year's ''well publicised issues'' concerning operators and cruise ship passengers at Port Otago are over.
BusinessMarch 14

Bumper year for Chalmers

Port Otago's property subsidiary Chalmers Properties has increased its asset value from $83 million a decade ago, with subsequent purchases and developments, to recently push beyond $250 million for the first time. Senior business reporter Simon Hartley talks to Chalmers Properties general manager David Chafer about its widespread portfolio of investments, and market conditions.
Bumper year for Chalmers
Bumper year for Chalmers
BusinessMarch 14

Port Otago banks on future

Port Otago's land banking in Dunedin's upper harbour is slowly being expanded around Fryatt St, with five separate properties now covering about 6ha.
Port Otago banks on future
Port Otago banks on future
DunedinMarch 13

Warning over council income

Being able to keep its general rate increase to 2.49% is good news but it is only thanks to the Otago Regional Council's ownership of Port Otago and its good investments, Cr Michael Deaker says.
BusinessMarch 5

Sea trials soon for tug

Port Otago's new $11 million tug is on track to be launched this month in Vietnam for fitting out and sea trials, and is expected to be delivered and ready for service on Dunedin's harbour in August.
Sea trials soon for tug
Sea trials soon for tug
BusinessFebruary 28

Lyttelton resumes dividend payments

Port Otago can look forward to some return on its 15.5%, more than $50 million stake in rival Lyttelton Port of Christchurch, which is resuming dividend payments after three and a-half years.
DunedinDecember 26

Port dredging deposits court battle avoided

An Environment Court battle over Port Otago's proposal to continue depositing dredging material at Aramoana, Heyward Point and Shelley Beach has been avoided.
BusinessDecember 20

LPC shares hit new high

Lyttelton Port of Christchurch (LPC) shares soared to a record high yesterday, prompting Port Otago to confirm that in February next year it will, for the first time, consider whether to sell its stake.
LPC shares hit new high
LPC shares hit new high
DunedinOctober 1

Waipori Fund improves to $76.3m

The return to health of the Dunedin City Council's multimillion-dollar Waipori Fund should not encourage councillors to consider selling it, the fund's head has warned.
BusinessSeptember 25

Slipway readied for new cradle

A replacement lifting cradle is scheduled to be craned into place at Port Otago's Kitchener St slipway next week.
Slipway readied for new cradle
Slipway readied for new cradle
DunedinAugust 12

Society to appeal dredging consents

The Surfbreak Protection Society has lodged an appeal in the Environment Court against Port Otago's consents to continue depositing dredging material at Aramoana, Heyward Point and Shelley Beach.
DunedinJuly 29

Dunedin cruise image soured

Dunedin's reputation with cruise lines is among the world's worst, and behind the soured image are badly behaved tour operators, Cruise New Zealand says.
Dunedin cruise image soured
Dunedin cruise image soured
BusinessJune 4

$11m tug first step in Port Otago spending

The first phase of $100 million of infrastructure spending by Port Otago was announced yesterday. A contract has been signed for a new $11 million tug, plus two container straddle crane orders worth $2.5 million.
$11m tug first step in Port Otago spending
$11m tug first step in Port Otago spending
BusinessMay 17

Value of LPC stake up for Port Otago

Port Otago's 15.5% stake in Lyttelton Port of Christchurch (LPC) has grown in value by $5.6 million in recent weeks, in the wake of an almost 30% share spike since early April.
Value of LPC stake up for Port Otago
Value of LPC stake up for Port Otago
DunedinMay 7

Surfers concerned for breaks

Two of New Zealand's best surfing breaks could be put in jeopardy if Port Otago is allowed to go ahead with plans to dump increased amounts of spoil from Otago Harbour, the Surfbreak Protection Society says.
BusinessMarch 13

Lack of information frustrating

Port Otago - which holds a 15.5% stake in listed Lyttelton Port of Christchurch - is becoming increasingly frustrated by the lack of financial rebuilding information from the port company.