CentrePort strategy reviewed

CentrePort Wellington's recovery plans will include potential redevelopment options. Credit: CentrePort CentrePort Wellington's recovery plans will include potential redevelopment options. Credit: CentrePort
Industry Database

Majority owner of CentrePort Wellington, the Greater Wellington Regional Council, has requested port management both document its further post-earthquake recovery plans as well as accommodate a longer-term view of potential redevelopment options.

Speculation has abounded over the port’s future following the severe damage suffered to its container terminal in November’s Kaikoura earthquake -- limited container shipping operations having only recently recommenced via self-geared vessels.

Within that backdrop, there has been a call from the local property development sector for the rebuild to be seized as an opportunity to repurpose the port into a predominantly entertainment hub. Presumably such plans would necessitate relocating operational aspects of the port or winding down its activities.

Greater Wellington Regional Council chairperson Chris Laidlaw said his organisation recently met to review a full briefing on the port’s recovery progress and consider its future, as part of the mandatory process of developing the port’s next statement of corporate intent.

Expressing confidence in port management, Mr Laidlaw said the regional council is “satisfied” CentrePort is taking a disciplined approach in its recovery programme.

“We recognise that this is going to take time,” he said.

“It will be important to continue discussions around how the port contributes to the resilience of Wellington and we have full confidence in the board and management team at the port that they will have these discussions in the right way at the right time.”

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