Lyttelton Port says growing trade and ageing infrastructure have made its $821-million-dollar expansion necessary.

The project includes a new wharf and container terminal, lifting capacity to around 850 thousand containers a year.

Chief executive Graeme Sumner says the port's running out of capacity - with 92 percent of ships built today unable to fit in the current port.

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Lyttelton Port says growing trade and ageing infrastructure have made its $821-million-dollar expansion necessary.
The project includes a new wharf and container terminal, lifting capacity to around 850 thousand containers a year.
Chief executive Graeme Sumner says the port's running out of capacity - with 92 percent of ships built today unable to fit in the current port.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Graeme Sumner: Lyttelton Port CEO on the port's planned $821m expansion

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5feb9f92-e22e-42c6-8bf9-b4a9007cf290/transcript