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Takutai Settles Into Her New Home

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Takutai Settles Into Her New Home �ISSUE: OCTOBER ’18 IN THIS ISSUE: STAKEHOLDER NEWSLETTER • Commercial Manager appointed • People vs mobile plant: Physical barriers installed 15 Beach St • Fresh look for safety Port Chalmers 9023 • Port commits to Wildlife Hospital Dunedin New Zealand • Photo essay: Arrival of the Takutai • Q+A with D-Shed Store Port Otago’s new $8 million backhoe “Takutai will play a major role in setting up dredge, the Takutai, is undergoing the the Port for future growth, by deepening TAKUTAI last of her fine-tuning, before joining and widening the channels to facilitate the workforce next month. Takutai larger ships being able to come and go SETTLES replaces an old bucket dredge, the from Port and improve safety.” Vulcan, which had reached the end of Takutai’s 10,000 nautical mile journey INTO HER its working life. from France to New Zealand made the Marine and Infrastructure General Manager international “Tugs Towing and Offshore” NEW HOME Sean Bolt says the backhoe dredging Newsletter – somewhat of a coup for the mechanism is ideal for the fine silt in the humble dredge. Upper Otago Channel and for undertaking See page 6 for more photos of the Takutai the upper and lower channel widening work. Below: The Takutai arriving into Dunedin harbour after her 10,000 nautical mile TAKUTAI SPECS: journey from France, aboard 35m a massive heavy-lift vessel. Length: Weight: 730 tonne Crew: Two people Dredging depth: Down to 19.8m Propulsion: None. Takutai has three 13m legs which allow the Takutai to “‘crab” along the seafloor. Excavator: Liebherr P984C hydraulic History: Formerly known as the Kostaldea (Basque for coastline), the dredge was built in 2013 for a project in France, but was only needed for one year’s work. She was used for minor projects in the meantime, before the Port Otago purchase. Name: “Takutai” – Maori for coastline. PORT OTAGO NEWSLETTER OCTOBER 2018 CHIEF EXECUTIVE FROM THE BRIDGE Kia ora GROUP FINANCIAL RESULT Time flies when you are having fun. It 2017 2018 % doesn’t seem like a year since I started $m $m at Port Otago. I’m proud to be leading Revenue $89.5 $109.4 +22% a talented group of people who have EBIT embraced change, got on with looking after Port Operations $12.5 $12.7 +2% Investment Properties $11.9 $14.6 +23% our customers’ cargo and have executed Developed Land Sales $1.5 $5.4 +262% our plan – delivering a great financial result. $25.9 $32.7 +26% Carey’s Bay and a control monitor within Financial results for 2017/18 Revaluations $19.9 $22.0 +11% the container terminal. The recordings The Port Otago Group delivered a tax-paid Interest ($2.7) ($2.9) -9% that trigger a set dBA threshold are time profit of $43.9 million for the year ended Surplus before tax $43.1 $51.8 +20% stamped, which allows our operational June 2018 – up 13% on last year’s $38.0 Tax ($4.4) ($7.9) teams to listen to the noise and track down million profit. Revenue from port operations its cause. This data is able to be linked Group NPAT $38.7 $43.9 +13% was up 10% to $74.9 million, driven by a to our on-port camera system and the 15% increase in container throughput to telemetry systems within straddles and 204,700 teu and a 10% lift in bulk cargo sideloaders. This has provided valuable volumes to 1.7 million tonnes. information to help minimise noise in our representatives, line management, daily operations. We provide the actual Full container export and import volumes leadership team members and directors. data to the Port’s Noise and Environment were up 10%, mainly due to increased The Runanga focuses on driving Liaison Committee and are working activity from the dairy and sawn timber improved safety and wellbeing across the towards publishing a live feed to our sectors. Tranship volumes increased business. website, so all neighbours can access the as shipping lines focused on optimising data at any time. their networks to improve efficiency, - During the year, $2.4 million was spent choosing to use Port Otago as a hub upgrading the Dunedin Depot to improve Investing in our infrastructure port linking services to international safety. New hard stand and permanent markets for our customers. barriers were installed to separate man The 135 metre wharf extension project at and machine. Port Chalmers is on track to be completed The Port Chalmers and Dunedin Bulk Port ahead of schedule around Labour moved a record 1.06 million log tonnes, up - In addition to preventative safety weekend. Port Otago is expecting a record 12% on last year. This is the first year that investments and trials, we have installed 117 cruise ships during the season ahead more than 1 million tonnes of logs have 11 defibrillators across the business (a 30% increase) and this multi-purpose transited across Port Otago’s wharves. including our entire floating plant fleet. wharf extension will provide extra flexibility It’s great to see Statistics New Zealand - To improve the visibility of shifts, to accommodate them. calculations forecast a cruise ship passenger changing patterns and the potential for expenditure of $56 million across Otago, an roster-related fatigue, a rostering project To support the strong growth of our logging increase of 40% on last year. team was formed to source a software customers, we moved our transport joint venture, Icon Logistics, from Fryatt Street Chalmers Properties Limited (CPL) solution. TimeTarget was selected as a to Parry Street. The $1.7 million capital EBIT contribution to Port Otago Group’s staff app solution and should be “live” investment frees up much needed additional performance was significant for the year, before Christmas. space for log storage and for NFA Holding’s at $18.4 million. The investment property - Port Otago has been working towards scaling operation, which can now handle 14 portfolio also delivered a further $22.0 becoming a smoke free workplace and trucks within the facility, reducing queuing million unrealised revaluation gain, achieved this at the end of June 2018. on Fryatt Street. compared to $19.9 million last year. Before Being a good neighbour unrealised revaluations and tax, the group The year ahead operating profit was up $6.5 million on the From a community perspective, the year’s Our focus for the year ahead is to engage previous year, to $29.9 million. This is a highlight was undoubtedly our transport with our customers to understand your pleasing result, given the unbudgeted cost partners supporting the voluntary speed business, challenge ourselves on how we of $2.9 million to remove asbestos from limit of 30km/hr through the main street of can remove waste from the supply chain the group’s Fryatt Street sheds. Port Chalmers. Our neighbourhood is now and get to know you. a safer place to live and work in, thanks to Keeping our people safe the understanding of our partners. I look forward to seeing you all in due course. During the past year, several new safety Port Otago upgraded its two existing noise Nga mihi initiatives have been rolled out: monitors to real-time recording linked Kevin Winders - A new health and safety Runanga forum to a central database. These have been Chief Executive meets monthly and includes safety augmented with a permanent monitor in � PORT OTAGO NEWSLETTER OCTOBER 2018 COMMERCIAL Pedestrians vs mobile plant: MANAGER Physical barriers installed APPOINTED Craig Usher has been Port Otago is installing hard Process Improvement Leader Ben appointed Port Otago’s barriers to eliminate ‘People vs Mulvey says engineering out the risk new Commercial Mobile Plant’ risks in depot areas. removes the human risk factor of Manager and started Previously, cones offered a visual administrative risk controls. this month. guide between trucks, forklifts, “When people work next to moving light vehicles, and pedestrians. For the past five years, vehicles every day, they can become Now, six-tonne concrete barriers Craig has been Commercial Manager for normalised to the risks,” he says. create safe working zones. Auckland-based supply chain logistics “The hard barriers clearly define and company Kotahi, looking after customers, The hard barriers form three sides of a separate areas, removing all options including Sealord and Silver Fern Farms. rectangle, with a Spanguard net barrier but the safe one.” Prior to Kotahi, Craig spent 11 years with on the fourth entrance/exit face. When Maersk and PIL, working in all aspects of the net barrier is up, it stops machines Teams are reporting an increased the business – sales and ops, and across from entering the area and signals that feeling of security. The remainder of containers and bulk. With a Masters in people are working on the ground. the barriers will be rolled out port-wide Supply Chain Management from Massey as fast as the Cromwell factory can University, Craig is looking forward to the make them. breadth of his new role. “This is a change for me, after 17 years on the container side of things. While I’ll still deal with containers, there is also forestry, the cruise ship industry and fuel to handle. Port Otago has a good base of customers in the south and I’m looking forward to building long-term relationships and providing continuity of service.” Ultimately, the commercial manager’s position is about growing the business. “I’m used to having to think outside the box and challenging the norm. I ask questions and keep asking them until I get an answer. I’ll be making sure we’re creating efficiencies, where we can.” Craig, wife Monique and their two boys aged 8 and 11 are excited about the big move south and looking forward to experiencing the southern way.
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