Chatham Islands Enterprise Trust

ciet logoThe 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.

Our Companies
  • Chatham Islands Airport Ltd
  • Chatham Islands Electricity Ltd
  • Chatham Islands Forestry Ltd
  • Chatham Islands Port Ltd
  • Chatham Islands Management Ltd
  • Chatham Islands Quota Holdings Ltd
           Key Information

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 Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Strategic Review of Shipping Options

Please find enclosed a copy of our Strategic Review of Shipping Options for the Chatham Islands.

This comprehensive paper has been produced following on from last year’s public meeting at the Den in September.

The above meeting was called to start discussions on “what next after Southern Tiare

The CISL Board presented current information on our vessel and proposed a range of options, the preferred option being to explore a new build vessel. The community asked, “If all other options had been explored” and essentially sought more information on the available options.

From this, CISL has commissioned Grant Thornton to independently undertake this review, possibly one of the most comprehensive on shipping to date. The document has had input from a number of industry experts, ship brokers and technical advisors. The report itself makes no recommendations.

The first section summarizes previous reports completed in regard to shipping, outlining those conclusions and recommendations. The middle section outlines the current situation around our vessel, the service, CISL and CIET involvement. The last section scopes out a range of options that have been floated discussed or identified over the years.

The five options presented range from exiting from shipping altogether, to building a new purpose built vessel, and identifies some of the pros and cons of each of those options. There may well be other options to explore.

The fact remains that Southern Tiare will need to be replaced within 3-5 years.  Depending on the community decision, the preferred option could take that amount of time to materialize. Hence the need to move forward with this discussion and ultimate community decision. At the end of the document there is a recommendation from CISL on its preferred option and reasoning for this.

A Public Meeting will be held at the Den at 7.00pm on Tuesday 30th May to discuss the review, to answer questions and to narrow the options down to two for further investigation and discussion.

This is a major decision for the people of the Islands. We encourage as many members of the community to attend as possible. Attendees can decide how they wish to proceed from that point. It is expected that there will be a second round of public meetings followed by a referendum.

We look forward to hearing your views and questions and to a united resolution on the preferred way forward to protect the communities’ interests’ long term.

Brent Mallinson

Chairman

 

Resources

 

 

2016-17 Strategic Plan released

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.

CIET Strategic Plan 2016-17 (pdf)

 

 

 

2016 Annual Report Now Available

The 2015/16 CIET Annual Report is now available hereCIET 2016 annnual report

Restructuring of the Chatham Enterprise Trust Consultation Meeting - May 17th 2016

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.

Chatham Islands Airport Limited Conditions of Use

The Chatham Islands Airport Limited Aeronautical Conditions of Use are available here

 

2015-16 Strategic Plan released

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.

CIET Strategic Plan 2015-16 (pdf)

2015 Annual Report now available

The 2014/15 CIET Annual Report is now available here2015 Annual Report

2015 Annual Report now available (2)

The 2014/15 CIET Annual Report is now available here2015 Annual Report

2013/14 CIET Annual Report now available

The 2013/14 CIET Annual Report is now available hereCIET Annual Report

Chatham Islands Ports pricing schedule and conditions of business

Chatham Islands Ports Limited - Schedule of Prices - 01 July 2017 to 30 June 2018

Berthage - for each visiting ship/boat

  • $127.82 + GST per day or part thereof and $58.58 + GST thereafter for vessels 10 -25 metres

  • $532.62 + GST per day or part thereof and $159.78 + GST thereafter for vessels 26 – 39 metres

  • $1491.35 + GST per day or part thereof and $617.84 + GST thereafter for vessels 40 - 55 metres

  • $2023.92 + GST per day or part thereof and $692.40 + 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

  • $16.29 + GST per 20ft container per week

Stock Levy - charged to the shipping company freighting stock

  • Sheep - $0.2080 + GST per head

  • Cattle – $0.8153 + 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)

  • $213.05 + GST per visit (Tenders only)

The Standard Conditions of Business are available here.

[i]Rangatira[/i] approaching the Waitangi wharf

CIET Strategic Plan for 2013-14 now available

The 2013-14 CIET Strategic plan is available here (via Google Drive).

Stage one of Shipping Plan completed

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.

Read more...

Chatham Islands Airport User Policy

The Chatham Islands Airport User Policy may be viewed or dowloaded here.

CIET Strategic Plan for 2012-13 now available

The plan may be viewed/downloaded here.

CIET Financial Statements and Audits

Financial statements and audit reports for the Chatham Islands Enterprise Trust are available for download below;

 Financial Year   Financial Statements  Audit Report
2016/17 Not yet available   
2015/16 Available here (included)
2014/15 Available here (included)
2013/14 Available here (included) 
2012/13 Available here (incuded)
2011/12 Available here (included)
2010/11 Available here  (included)
2009/10  Available here  Available here
2008/09    
2007/08 Available here  (included)
2006/07 Available here (included)

CIET Philosophy

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.

Read more...

CIET Organisational Structure

CHAIRPERSON
  • Phil Seymour
TRUSTEES
  • Brent Mallinson

  • Dinee Fleming

  • Latoya Hough

  • Paul Smith

TRUST STAFF
  • Interim Chief Executive Officer – Brian Harris
  • Business Operations Manager - Toni Gregory-Hunt This email address is being protected from spambots. You need JavaScript enabled to view it.
  • Office Manager/Finance - Denise Meo - This email address is being protected from spambots. You need JavaScript enabled to view it.
OTHER
  • Accountant - Grant Thornton & Simon Carey
  • Lawyer - Macalister Mazengarb & David Greenslade
  • Advisor - Harbour Chambers & Hugh Rennie QC
  • Bankers - ANZ (Waitangi - Chatham Islands)
  • Auditors  -  Audit New Zealand (on behalf of the Auditor General)

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
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

2011/12 Strategic Plan released

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.

Read more...

Chatham Islands Time

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