We are pleased to confirm that Port of Tauranga’s subsidiary Quality Marshalling has officially taken over the operation of the Timaru Container Terminal.
The move follows exporter Kotahi’s recent exit from its 49.9% shareholding in Timaru Container Terminal Limited (TCTL). Kotahi remains committed to TCTL and will continue to ship existing volumes through the terminal. Port of Tauranga has acquired Kotahi’s shareholding and we look forward to continuing to grow TCTL with their support.
Quality Marshalling already operates key parts of Tauranga Container Terminal and so it was the logical choice to take over day-to-day operations at Timaru. Quality Marshalling’s General Manager, Shayne Jenkins, will take overall management responsibility. Shayne and Port of Tauranga’s Manager Terminal Development, Martyn McColgan, have met with key customers and partners of the terminal. Martyn has joined the TCTL Board as a Director.
Please contact Shayne if you have any questions (Shayne.Jenkins@qm.co.nz).