" !"#$ &'()*+ ,*''-$'./ 0.1' .2 !314#'53(153 Lyttleton Port of Christchurch, the major import-export seaport for New Zealand’s South Island, is located on Bank’s P eninsula, a few minutes from the city of Christchurch. The port owners, Lyttleton Port Company, have a public:private ownership model, with Christchur ch City Holdings Ltd, the commercial arm of the Christchurch City Council, owning 79% of the business, with 21% held by institutional and public investors. LPC is listed on the New Zealand Stock Exchange. The port has achieved outstanding operational and financial performance in both 2011 and 2012 despite months of seismic emergencies, disrupti ons and da mage. The Canterbury region of the South Island experienced a 7.1 magnitude earthquake on September 4, 2010, another at 6.3 magnitude on February 22, 2011, and a 6.3 magnitude earthquake on June 13, 2011. After each of these significant earthquake events, critical port services were restored within 96 hours.
Lyttleton Port of Christchurch, the major import-export seaport
for New Zealands South Island, is located on Banks Peninsula, a few
minutes from the city of Christchurch. The port owners, Lyttleton
Port Company, have a public:private ownership model, with
Christchurch City Holdings Ltd, the commercial arm of the
Christchurch City Council, owning 79% of the business, with 21%
held by institutional and public investors. LPC is listed on the
New Zealand Stock Exchange.
The port has achieved outstanding operational and financial
performance in both 2011 and 2012 despite months of seismic
emergencies, disruptions and damage.
The Canterbury region of the South Island experienced a 7.1
magnitude earthquake on September 4, 2010, another at 6.3 magnitude
on February 22, 2011, and a 6.3 magnitude earthquake on June 13,
2011. After each of these significant earthquake events, critical
port services were restored within 96 hours.
2
Despite severe earthquake damage, LPC achieved one of its best
business years ever in 2011 (while being tested beyond anything we
could have imagined LPC chief executive Peter Davie). A programme
of temporary works stabilised port structures and the company is
under way on a 4-5 year repair and rebuild programme.
This progress continued in the 2012 year.
The ports performance has been enhanced by the CSI strong motion
monitoring system that LPC installed as part of its risk management
programme.
Using records from this system as input data, a comprehensive
finite element model of the Port facilities has enabled the Ports
engineers to accurately estimate the likelihood of damage and to
pinpoint damage locations.
This has been extremely useful in focusing repairs efficiently
and sustaining operations through multiple aftershocks. Thus the
port has been able to fulfil its critical function as the primary
gateway for vital imported products required for the supply of New
Zealands second largest city, particularly during the recovery
period and the ensuing rebuild of the city post-earthquakes.
