Port Taranaki believes the future is bright for the port, with a range of trade, shipping, and potential new energy developments on the horizon that will ensure the port continues to be a vital economic asset for the region.
Because the port is an important asset to the community, and owned by the community, Port Taranaki feels it is important to allay concerns the public may have about the future of the port following a recent media report.
There are a number of developments taking place in the trade, logistics and energy sectors that signal a bright future for Port Taranaki.
Port Taranaki’s forecasts are very positive. There has been recent investment and activity in the oil and gas industry that will improve supply and longevity; a new coastal shipping service has been announced that will link Taranaki with other regional ports; and a trans-Tasman shipping service has been announced that will link Taranaki directly with Australia.
There is also a lot of interest in renewable energy projects. As New Zealand’s premier energy port, Port Taranaki believes it has a key supporting role to play as the world transitions to a net-zero carbon future. Port Taranaki has been in discussions with offshore wind developers about how the port can support the construction and ongoing maintenance of these developments, and the potential for the associated production of other energy products, such as hydrogen.
