Rationale for a national strategy for hub & port development

In the last two years there has been significant speculation around the development of new or enlarged logistics hubs and associated port expansions to handle the larger ships that are due to call in New Zealand sometime soon. Nationally, this represents hundreds of millions in potential port investment to handle these ships, yet requires no commitment from the shipping companies as to what ports they will support long term in order that the investment can be recouped. This is an unacceptably high risk for a small country. The decisions must be made as to which ports and hubs are of national interest to develop, and which options provide the most long-term benefit to the country in terms of whole-of-life asset utilisation. These are decisions of national importance, but as all New Zealand ports compete at both local and national levels, they cannot be expected to support initiatives that may be detrimental to their current status.

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