Napier Port’s chief executive Todd Dawson remains cautiously optimistic about 2025, pointing to encouraging signs of recovery in key trade volumes while acknowledging the complex global landscape ahead.
“I’m optimistic about improvement ahead,” he says of the region’s economic outlook. “We’re seeing confidence building again across the primary sector, and our traditional busy season and horticultural peak is looking good so far, given the growing conditions we’ve had in Hawke’s Bay.” The port has provided earnings guidance between $55 million and $59 million for the year ending September 2025, reflecting steady growth across its core business segments.
This follows a year of strategic investments that have enhanced operational efficiency and customer service. “Our investments are delivering value for us and customers, with more berth availability, reduced wait times, and additional storage,” Todd explains.
However, he remains mindful of external challenges that could impact New Zealand’s trade dynamics. “There is still a lot of uncertainty out there, including the potential for weather events, pandemics, or geopolitical and supply chain disruptions that can affect our costs and shipping into New Zealand.”
Looking ahead, the port is undertaking a significant strategic review, examining growth trajectories through to 2035. This includes an ongoing investment program in infrastructure and capability, featuring a dredge partnership with Port Otago and fleet renewal initiatives. The port’s role in regional development remains crucial, with Todd emphasising the need for coordinated action to drive economic growth in Hawke’s Bay.
“As a region we need strong and aligned regional leadership across both local government and business,” he states. “We critically need to address water supply and security for our region. Without this we will cap future growth and the overall wellbeing and sustainability of our lifestyle and environment in Hawke’s Bay.”
Todd remains confident in the port’s fundamental strengths, particularly in the food and fibre sectors, ongoing log exports, and steady cruise bookings. Recent crop plantings and new investments in the horticulture sector also signal positive momentum for the region’s primary industries.delivering a great level of service for our customers and region.”
