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Maiden voyage of log shipment from Timaru for PF Olsen

On the 7th of November the MV Lucy Oldendorff set sail from Timaru, bound for Tauranga prior to heading off to China to discharge her load of radiata pine. The PF Olsen-supplied cargo comprised 12,880 JAS m3 of locally grown logs. This shipment was brought about by PF Olsen opening an office in Timaru and commencing management of several forest harvesting operations as well as purchasing logs from third-party suppliers. PF Olsen chose Pacific Forest Products (PFP)  to purchase the logs based on its proven track record of providing top prices for our forest owners’ logs and its very efficient shipping logistics. “We are getting an excellent reception from forest owners wanting their logs marketed as we are able to offer better returns through higher log prices”, says Henry Morris, PF Olsen’s South Canterbury manager. “As well as that, our proven robust management systems means we cover forest owners commercial and statutory risks very comprehensively. That means peace-of-mind for forest owners and a good night’s sleep.”

Henry Morris, PF Olsen Manager, South Canterbury

PF Olsen’s new office was “officially opened” by PrimePort’s CEO Phil Melhopt on 30th of August 2017. PrimePort offers an excellent gateway to international log markets for those logs that aren’t sold to local log purchasers for domestic value-added processing.

In addition to the forest harvesting and marketing services, PF Olsen draws on 46-years of experience operating in New Zealand and Australia to bring current and would-be forest owners the very best practice for forest establishment and silviculture, along with forest valuation, feasibility studies and management of Emissions Trading Scheme opportunities. “With the price of NZUs now up around $19/tonne and a more ETS-supportive government, we are seeing increased interest in forest investment and afforestation”, says Peter Weblin, PF Olsen’s Chief Marketing Officer. “In addition, we are expecting the government’s 100 million per annum tree planting programme and related $1 billion regional development fund to create a kind of forestry renaissance.

“With the prospect of farmers being exposed to the ETS, there is increased interest by famers in how they can use tree planting to offset their liabilities and “future-proof” their farming businesses.”

If you have a forest harvesting or afforestation query or other need to discuss forestry matters, or a potential forestry project; please call Henry Morris on M: 029 777 0838 (for South Canterbury/Timaru), or Freephone 0508 PF OLSEN (for the rest of New Zealand).

Logs being loaded onto the Lucy Oldendorff at Prime Port Timaru.