MAARTEN HOLL/STUFF
Work at CentrePort to stabilise the container cranes, with a bespoke platform within the wharf.
CentrePort has set aside $63 million to strengthen its land on Wellington’s waterfront after November’s 7.8 magnitude quake caused significant damage.
The ratepayer-owned company is now consulting international experts to help figure out what the work will be.
To date, CentrePort has spent $28m securing 125 metres of the 585-metre wharf, which included 644 gravel columns being set in the ground to reduce any liquefaction from future earthquakes and provide resilience to the temporary works.
Chief executive Derek Nind said they were now looking to how to do that across the entire port.
“We try not to talk about rebuild, we talk about regeneration. And what do I mean by that?
SUPPLIED
CentrePort chief executive Derek Nind.
“What I mean is if we go to rebuild, we’ll get what we had, which was 20th century assets and 20th century thinking,” Nind said.
“What we need is 21st century assets for the next 50 to 100 years, and we need to regenerate the port.”
To date, CentrePort has received $173.7m of insurance income, but that figure was expected to rise.
ROSS GILBIN/STUFF
On Tuesday, insurers agreed Statistics House should be demolished, as the Kaikōura earthquake caused the partial collapse of two floors.
“We got hit, but we’ve been working hard on getting the business back up and running,” Nind said.
On Tuesday, insurers agreed Statistics House should be demolished, as the Kaikōura earthquake caused the partial collapse of two floors.
Meanwhile, the future of BNZ Harbour Quays remains uncertain, as engineers continue with assessments.
CentrePort’s underlying profit, after tax and before earthquake-related income, was $8.6m for the year ending June 2017. This was down $4.7m from the previous year.
“The results show us investing in the port’s resilience. They also show strong underlying performance.”
– Stuff