CentrePort has recorded an unaudited underlying profit of NZD 8.7 million for the first half of the 2026 financial year, placing the port broadly on track to meet its full-year forecast.
The result is NZD 0.5 million ahead of the prior corresponding period, with net revenue also marginally above budget, supported by increased volumes across containers, logs and bulk fuel.
The half-year result is underpinned by meaningful commercial development. The port has secured three new container shipping services and, as of mid-February, has established itself as a key hub for the Mediterranean Shipping Company, reinforcing its position within regional and international trade networks.
Board Chair Lachie Johnstone described the interim result as encouraging but cautioned against complacency, emphasising that sustained growth requires consistent operational focus across efficiency, safety, asset utilisation and customer service.
Chief Executive Anthony Delaney echoed this position, framing reliability and consistency as fundamental requirements for the port, for Wellington, and for New Zealand’s broader freight and supply chain.
Beyond commercial performance, CentrePort is advancing its energy transition programme, with a new solar array planned for Kings Wharf and a Battery Energy Storage System scheduled to come online during the current year.
The port is also progressing design work and material procurement for the marine infrastructure required under the Cook Strait Ferry Replacement Programme, following site preparation work that commenced in late 2025.
Operationally, the port has created more than 30 new positions to date, a development Delaney highlighted as a reflection of the port’s growth trajectory and its ability to attract capable personnel in a competitive labour market.
