Chatham Islands Enterprise Trust
The Chatham Islands Enterprise Trust was established to promote the economic development and well-being of the Chatham Islands. The trust’s activities are guided by a philosophy formulated in 2002 and refreshed in 2008.
Key industries on the Chatham Islands are farming, fishing and tourism, with a particular emphasis on eco-tourism. Chatham Island Enterprise Trust owns and operates the island's infrastructure companies.
Chatham Islands Enterprise Trust
773 Owenga Road, P.O. Box 65, Chatham Islands 8942, New Zealand
To be held at the “Den” on Tuesday 17 May 2016 commencing at 6.30pm - All Welcome
Please come and share your thoughts with us in regards to the Restructuring Document sent out with the Strategic Planning Comment Form, if you would like another copy please contact the Trust Office. Also available is a proposed Consolidated Trust Deed and proposed new Constitutions for the Operating Companies.
Hugh Rennie has also made a submission regarding this and would like it to be a public document so is available here.
This strategic plan presents the five year strategic intent of the Chatham Islands Enterprise Trust and its group of trading companies. The structure of this document is a strategic vision and program summary followed by a brief strategic program for each trading company. Detailed company strategic and business plans will be developed in accordance with this plan. While the need is recognised for the independent company structure, the Trusts desire is that the companies will cooperate/collaborate where necessary to achieve the overall strategic directives of the Trust.
A standard strategic plan would consider an in depth analysis of the history of the Trust, a Political, Economic, Social and Technology analysis (“PEST”). This strategic plan does not attempt to undertake a current positional analysis but refers readers to various reports that have analysed the Island situation and also the position of the Trust on the Island.
The guiding document that governs the Trust is the Trust Deed. The Deed is the founding constitution and single reference point for the organisation and the trading companies that defines the
organisation and why it exists.
The Deed describes the core areas of business interest, the way the Trust will support the island, its community and industry sectors. In addition the Trust is guided by numerous Acts of parliament including but not limited to, Commerce Act, Companies Act and the Charities Act. The Deed also sets out the governance processes to be followed. This strategic plan is structured to have little commentary but list intended strategic actions to be adopted by the Trustees.
Chatham Islands Ports Limited - Schedule of Prices - 01 July 2016 to 30 June 2017
Berthage - for each visiting ship/boat
$125.70 + GST per day or part thereof and $57.61 + GST thereafter for vessels 10 -25 metres
$523.77 + GST per day or part thereof and $157.13 + GST thereafter for vessels 26 – 39 metres
$1466.57 + GST per day or part thereof and $607.58 + GST thereafter for vessels 40 - 55 metres
$1990.34 + GST per day or part thereof and $680.90 + GST thereafter for vessels 56+ metres
District Council Navigation Charges – for each visiting ship/boat
- $111.50 + GST per ship/boat visit
Container Storage Charge - to shipping companies freighting containers or private
- $16.02 + GST per 20ft container per week
Stock Levy - charged to the shipping company freighting stock
- Sheep - $0.2046 + GST per head
- Cattle – $0.8018 + GST per head
Fishermen’s Wharf Charge – fishing vessels tied at wharf overnight
- $250.00 + GST per night
Visiting Cruise Ships - (use of Fishermen’s wharf and Pitt Island only)
- $209.51 + GST per visit (Tenders only)
The Chatham Islands Enterprise Trust is pleased to announce the formation of a new shipping operation with 44 South Shipping Co Ltd (operated by Dennis Nisbet).
The business and assets of 44 South Shipping Co Ltd, previously based in Napier, have been purchased by a new operating company, Chatham Islands Shipping Ltd (CISL) of which the Trust holds a 51% stake and 44S a 49% stake. The vessel MV Baldur is now wholly-owned by the Enterprise Trust on behalf of the people of the Chatham Islands, via a separate asset holding company. Consequently, for the first time in history, the people of the Chatham Islands now own a controlling interest in our own shipping line; this is a major milestone for the Trust and for Chatham Islanders in our continuing efforts to ensure future prosperity for the Islands. It is the Trust's firm belief that the two major shipping issues, capacity and cost, will be addressed with this purchase along with the longer term proposals that will be put to the community in the coming months.
Financial statements and audit reports for the Chatham Islands Enterprise Trust are available for download below;
|Financial Year||Financial Statements||Audit Report|
|2009/10||Available here||Available here|
The Chatham Islands Enterprise Trust has formalized and adopted the following philosophy:
(i) Management of the Trust:
- To administer the trust's capital and assets prudently as an endowment fund held on trust for the people of the Chatham Islands.
- To adopt policies, use consultants, and build enterprises which are appropriate to the small scale of the Chatham's economy.
- To take a long term view in planning, including the acceptance of business trading losses in the initial years where longer term viability is reasonably assured.
- To maintain the Head Office of the Trading Enterprise in the Chatham Islands and to operate its business using Chatham Islands resources to manage and staff the Enterprise where possible.
- To avoid investments in or guarantees to persons or businesses on mainland New Zealand undertaking a commercial service to the Chatham Islands.
- To recognize that a viable and growing fishing economy, a sustainable farming economy, and an effective local government council are pre-requisites to the success and commercial viability of the Trading Enterprise.
Chatham Islands Enterprise Trust
773 Owenga Road, P.O. Box 65
Chatham Islands 8942, New Zealand
Phone: +64 3 3050 066 Fax: +64 3 3050 248
This strategic plan presents the five year strategic intent of the Chatham Islands Enterprise Trust (“the Trust”) and its group of trading companies. The structure of this document is a strategic vision and program summary followed by a brief strategic program for each trading company.
Detailed company strategic plans and business plans have been developed in accordance with this plan. A standard strategic plan would consider an in depth analysis of the history of the Trust, a Political, Economic, Social and Technology analysis (“PEST”). This strategic plan does not attempt to undertake a current positional analysis but refers readers to various expert reports that have analysed the Island situation and also the position of the Trust on the Island.