Port Taranaki said: “The future is bright, with a range of commercial, shipping and potential new energy developments on the horizon.”
Port Taranaki insists his future is bright despite an economist giving a gloomy assessment of his fortune.
The port issued a statement after a hearing addressing a proposal by the Seaport Land Company (SLC) to convert New Plymouth’s cool Moturoa shops into cafes, apartments and hotels.
An economist speaking for SLC gave a “gloomy forecast” for Port Taranaki at last week’s two-day hearing.
Dylan James said activity at the port adjacent to the cold storage facility is not expected to increase and “based on forecasts that we are presenting it is expected to decrease”.
* From the development of cold storage one hears a “dismal prognosis” for activity in Port Taranaki
* Hearing begins on second attempt to get cold store development in New Plymouth through line
The port, which is owned by the Taranaki Regional Council, opposes the cold storage proposal but will not comment until the hearing is reconvened later this month.
Port Taranaki said: “The future is bright, with a range of commercial, shipping and potential new energy developments on the horizon that will ensure the port continues to be a major economic contributor to the region.”
Port Taranaki said its own forecasts are very positive.
“There have been recent investments and activities in the oil and gas industry that will improve supply and longevity; a new coastal shipping service has been announced that will connect Taranaki with other regional ports; and a TransTasman shipping service has been announced that will connect Taranaki directly to Australia.
There is also great interest in renewable energy projects.
“As New Zealand’s premier energy port, Port Taranaki believes it has a key role to play in the world’s transition to a zero-carbon future.
“Port Taranaki has been in discussions with offshore wind developers on how the port can support the construction and ongoing maintenance of these developments and the potential for associated production of other energy products such as hydrogen.”
Earlier this month, New Plymouth-based transport group Move Logistics announced it had bought a small cargo ship for a service linking New Plymouth with regional New Zealand ports, Tasmania and Australia’s east coast.
The company plans to launch the service before Christmas.