Hawkes Bay Today
  • Hawke's Bay Today home
  • Latest news
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology

Locations

  • Napier
  • Hastings
  • Havelock North
  • Central Hawke's Bay
  • Tararua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Napier
  • Hastings
  • Dannevirke
  • Gisborne

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Hawkes Bay Today

Bruce Bisset: Too many unanswered questions about port sale

By Bruce Bisset
Hawkes Bay Today·
15 Nov, 2018 08:00 PM4 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Bruce Bisset

Bruce Bisset

OPINION

There remain far too many unanswered questions behind the proposed sale of Hawke's Bay's port to know whether it's a good idea or not – and that alone says that it isn't.

For example, regardless freight is expanding and new berths may be needed, given the main projected increase is in "bulk cargo", how does that translate to needing a "deep water" berth that can take megaships when those are not the ones that handle logs and bulk goods?

Besides, what makes the Port company think megaships will come to Napier, as opposed to Auckland or Tauranga or Wellington – or for that matter Melbourne, since it's quite possible the whole of New Zealand could be bypassed when it comes to determining a regional megaship "hub".

Read more: Bruce Bisset: Small doses are not enough
Bruce Bisset: 100 per cent public port ownership is possible
Bruce Bisset: Ratepayers to foot track bill

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Yet even knowing government is in the process of revising a national shipping strategy that fits with what the shipping companies want and will likely consign Napier to being a coastal "feeder" port, this proposal is going ahead on the apparent assumption Napier can somehow "stand alone".

I've asked three councillors about this and had three different answers.

One very parochially said he didn't care what government said, they'd follow their own plan regardless. A second said they hadn't talked with government in any detail, and agreed they probably should.

Advertisement
Advertise with NZME.

And the third said people in Wellington were "totally in the picture" and had shown "no sign of apprehension" over the port being part-sold and expanded.

Whose version is correct? If there's a problem fitting the Napier plan to the new strategy, we won't know until after this (HBRC) decision is made, and since councillors seem at odds among themselves as to consequence, no choice can be assumed to be right.

Moreover the real driver of the sale concept is not building a new wharf. Since they say they can fund that anyway so long as their debt is repackaged, for the council it seems to be the opportunity to create a substantial environmental investment fund.

Accepting that need, one path might be to take council's "Option C" – sale of a stake to a strategic partner – but modify it to nominate that partner as being a publicly-owned entity (such as Unison).

Discover more

Bruce Bisset: Panicking over a bit of debt

18 Oct 08:00 PM

Bisset: Ratepayers to foot track bill

25 Oct 06:00 PM

100 per cent public port ownership possible

01 Nov 03:30 PM

Port options lack the right balance

04 Nov 04:00 PM

Add in a buyback "Bay-share" provision to prevent the shares being privatised, and you have a solution that could tick every box.

Re-directing some or all of the annual dividend could further enable a fund of the size the council envisages. The port's directors will just have to put up with being arm's-length public servants.

Contrast the idea of some sort of "grower's consortium" being the buy-in partner; that may sound attractive, but apart from the public losing control of any shares sold, why would growers buy a business that only profits more at their expense?

That's two competing bites of the same cherry, cancelling each other out.

However what most concerns me is the political risk in this proposal, since any change in seats could endanger HBRC's progressive environmental programme.

Most tellingly during this consultation, those around the table who you would think "natural" pro-sale councillors – Fenton Wilson, Neil Kirton, and Alan Dick – have been virtually silent.

Advertisement
Advertise with NZME.

Not because they don't favour a sale – my belief is they do.

But their notable absence when it comes to selling the deal publicly to my mind says they're happy for others to front it - and maybe get shot for it.

Because that would swing things back their way next year. And then, Ruataniwha Mark II, anyone?

* Bruce Bisset is a freelance writer and poet. Views expressed are the writer's opinion and not the newspaper's.

Save

    Share this article

Latest from Hawkes Bay Today

Hawkes Bay Today

Crowds of up to 15,000 at Matariki fires on Hawke's Bay beaches

22 Jun 02:35 AM
Hawkes Bay Today

Taradale flex their Maddison muscles

22 Jun 02:31 AM
Hawkes Bay Today

Tararua District Council to install water meters

22 Jun 01:40 AM

Jono and Ben brew up a tea-fuelled adventure in Sri Lanka

sponsored
Advertisement
Advertise with NZME.

Latest from Hawkes Bay Today

Crowds of up to 15,000 at Matariki fires on Hawke's Bay beaches

Crowds of up to 15,000 at Matariki fires on Hawke's Bay beaches

22 Jun 02:35 AM

'The twinkling fires dotted north and south as far as Te Awanga was magical.'

Taradale flex their Maddison muscles

Taradale flex their Maddison muscles

22 Jun 02:31 AM
Tararua District Council to install water meters

Tararua District Council to install water meters

22 Jun 01:40 AM
Engineer called in as project to reopen Shine Falls begins

Engineer called in as project to reopen Shine Falls begins

22 Jun 01:08 AM
Help for those helping hardest-hit
sponsored

Help for those helping hardest-hit

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Hawke's Bay Today e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Hawke's Bay Today
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Hawke's Bay Today
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • NZME Events
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • © Copyright 2025 NZME Publishing Limited
TOP