Pacific Lumber & Shipping

What Pacific Lumber & Shipping does

Port Blakely is a sixth-generation family-owned sustainable forest management company founded in 1864, operating across the US Pacific Northwest (Washington and Oregon) and New Zealand. The company manages more than 150,000 acres in the US and 35,000+ certified hectares in New Zealand, producing a diversified portfolio of renewable wood products and ecosystem services. Core operations include timber harvesting and log sales to sawmills, exporters, and pulp buyers through competitive and negotiated bidding, with NZ export logs shipped to China, Japan, and South Korea via Tauranga, Timaru, and Dunedin ports in partnership with TPT Forests Limited. The company is FSC-certified in NZ since 2003 and SFI-certified in the US since 2002, and holds multiple Habitat Conservation Plans including the first private-forest HCP in Oregon covering approximately 30,000 acres under a NOAA Fisheries-approved 50-year permit.

Beyond core timber, Port Blakely operates a vertically integrated portfolio including the Port Blakely NZ Essential Oils subsidiary (world's leading producer of Douglas-fir essential oil from FSC-accredited, BioGro-certified organic forests), the Winston Creek Carbon Project generating voluntary carbon credits via extended-rotation forestry in partnership with Puget Sound Energy, and the Tauranga Barge Company operating the Skookum ferry on Tauranga Harbour. Additional revenue and engagement streams include 16,000 tonnes per year of wood residue supply to Wood Energy NZ Ltd for the Washdyke Energy Centre, Christmas trees and floral greenery, stream restoration logs, forestry consulting via Port Blakely Stewardship LLC, an environmental education program hosting over 100,000 students, and accredited AEC Lunch & Learn and Working Forest Tour programs. The business is governed by a Board including independent directors and is undergoing a generational leadership transition in 2025-2026, with Mike Warjone becoming CEO on January 1, 2026 and Andrew Cocking assuming NZ Managing Director duties on July 1, 2026.

Name

Pacific Lumber & Shipping

Legal name

Port Blakely

Website

https://portblakely.com

Company type

Private

Founded year

1864

Operating status

Operating

Headcount range

51–100 employees

Short description

Port Blakely is a sixth-generation family-owned sustainable forest management company operating 150,000+ acres in the US Pacific Northwest and 35,000+ hectares in New Zealand, producing timber, Douglas-fir essential oils, carbon credits, biofuel, and forestry services for sawmills, exporters, fragrance brands, and energy companies.

Ownership category

akta.pro rank

Product category

Sustainable Forest Management and Timber Production

NAICS

Forestry and Logging (113), Logging (1133), Timber Tract Operations (11311), Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers (42331), Support Activities for Forestry (1153)

SIC

Forestry (800), Wholesale-Lumber, Plywood, Millwork & Wood Panels (5031), Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Logging & Timber Harvesting (IMAMAAAB)

akta.pro secondary industries

Forest Products Import/Export & Commodity Merchants (IMAMAIAM), Timber Procurement & Wood Dealer/Timber Buying Services (IMAMAAAF)

Keywords

• Sustainable forest management
• Timber log sales
• Forestry consulting services
• Essential oil production
• Carbon credit forestry

Headquarters

HQ city

Seattle

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Timber and Log Sales: Sale of sustainably grown timber including log sales through competitive and negotiated bidding processes for sawmills, exporters, pulp buyers; direct-sourced sawn and round timbers through supply chain partners; and timber purchasing services for non-industrial forest owners.
2. Export and Domestic Log Sales: Radiata pine and Douglas-fir logs sold to domestic markets and exported to China, Japan, and South Korea via Tauranga, Timaru, and Dunedin ports. Products include domestic pruned logs, domestic sawlogs, domestic roundwood/postwood, export logs, wood fibre, firewood, and binwood material.
3. Douglas-Fir Essential Oil: Business-to-business sales of pure Douglas-fir essential oil for fine fragrance, cosmetics, and aromatherapy markets. The company is the world's leading producer, selling wholesale to brand partners.
4. Carbon Credits: Voluntary carbon credits generated from the Winston Creek Carbon Project through extended harvest rotations, and participation in the New Zealand Emissions Trading Scheme (NZ ETS) since 2010.
5. Tauranga Barge Service: Roll-on/roll-off vehicle ferry service operating on Tauranga Harbour between mainland and Matakana Island, with pricing based on vehicle type and one-way/return fares.
6. Biofuel Supply: Wood residue recovery from harvesting operations sold on-skid to customers who chip and supply energy biofuel to local processing facilities, including 16,000 tonnes annually to Wood Energy NZ Ltd for Washdyke Energy Centre.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

Pacific Lumber & Shipping, a stand-alone subsidiary of Port Blakely Companies, manages sustainable timber operations across the U.S. Pacific Northwest and New Zealand. The company produces and sells logs, timber, and specialty wood products to sawmills, exporters, and pulp buyers through competitive and negotiated bidding. Its vertically integrated portfolio also includes Douglas-fir essential oil production, carbon credits, forestry consulting, and a vehicle ferry service on Tauranga Harbour.

Product overview

Port Blakely operates as a diversified sustainable forestry company with two primary divisions: US Forestry (Pacific Northwest) and NZ Forestry (New Zealand). The company manages over 150,000 acres in Washington/Oregon and 35,000+ hectares in New Zealand. Core offerings include timber/log sales (domestic and export), forest management services, and specialized products like stream restoration logs and special forest products. Subsidiaries include Tauranga Barge Company (vehicle ferry) and Port Blakely NZ Essential Oils (Douglas-fir essential oil). Supporting services encompass environmental education programs for students, AEC professional education tours with AIA/USGBC accreditation, and forestry consulting. The company sells directly to sawmills, exporters, pulp buyers, and through partnerships like TPT Forests Limited for logistics.

Differentiator

Problem solved

Functional benefit

Brands

• Port Blakely NZ Essential Oils: World's leading producer of Douglas-fir essential oil, selling business-to-business with focus on sustainability and consistency for fine fragrance, cosmetics, and aromatherapy markets.

Products and services

• US Forestry Operations Sustainable timber management and harvesting operations across more than 150,000 acres in Washington and Oregon, producing logs for sawmills, exporters, and pulp buyers through competitive and negotiated bidding processes.
• NZ Forestry Operations

Quantifiable outcome

• Extended harvest rotations of 20 years beyond industry standards at Winston Creek Carbon Project nearly doubles carbon stored in trees
• +3 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

20 partnerships are on record, tiered core and minor.

• TPT Forests LimitedcoreStrategic or Co-development PartnerPartnership with TPT Forests Limited provides seamless delivery from key ports including Tauranga, Timaru, and Dunedin for NZ log exports and domestic distribution.
• WholeTrees StructurescoreStrategic or Co-development PartnerPartnership to bring certified carbon forest mass timber products to market. WholeTrees is a woman-owned national timber products company improving economic viability between healthy-managed forests and rural communities.
• Wood Energy NZ LtdcoreChannel Partner/ Reseller/ DistributorWood residue recovery from harvesting operations sold to Wood Energy NZ Ltd for biofuel processing at Washdyke Energy Centre, supplying 16,000 tonnes annually.
• Conservation NorthwestcoreStrategic or Co-development PartnerCollaboration on Black River Conservation Easement Project demonstrating how working forests can serve both climate and community through extended harvest rotations and permanent protection.
• Capitol Land TrustcoreStrategic or Co-development PartnerPartner in Black River Conservation Easement Project working with policymakers, Tribal nations, community leaders, and conservation organizations.
• Puget Sound EnergycoreStrategic or Co-development PartnerPSE's Carbon Balance Program linked to Winston Creek Carbon Project, enabling customers to support extended-rotation forestry and real climate solutions.
• Fire and Emergency New ZealandminorOthersPort Blakely's Response Crew and staff participate in FENZ's Bravo international wildfire deployment contingent, supporting post-containment recovery operations.
• New Zealand Wood CouncilscoreStrategic or Co-development PartnerActive participation in NZ Wood Councils driving the forestry sector forward through expertise contribution and industry leadership.
• Forest Growers Levy TrustcoreStrategic or Co-development PartnerPartnership contributing to industry growth through collaboration on sector initiatives and research.
• Forest Owners AssociationcoreStrategic or Co-development PartnerBoard membership on NZ Forest Owners Association representing commercial forest growers, fostering innovation and strengthening the industry.
• Washington Forest Protection AssociationcoreStrategic or Co-development PartnerMike Warjone serves as a Director on the board, contributing to industry leadership and advocacy.
• Sustainable NorthwestcoreStrategic or Co-development PartnerMike Warjone serves as a Director, contributing to sustainable forestry and conservation initiatives in the Pacific Northwest.
• National Alliance of Forest OwnerscoreStrategic or Co-development PartnerMike Warjone chairs the Operating Committee; René Ancinas serves on the board, representing private forest landowners on national policy.
• Wood is Good ProgrammeminorStrategic or Co-development PartnerPartnership with Wood is Good education initiative connecting forestry professionals with primary school students to showcase sustainable forestry, wood products, and career opportunities.
• Phillip Wareing TransportminorChannel Partner/ Reseller/ DistributorTransport partner providing log trucks for Wood is Good school visits, demonstrating forestry supply chain to students.
• Long-Tailed Bat Working GroupcoreStrategic or Co-development PartnerMembership in working group contributing to efforts protecting this critically endangered native bat species through habitat protection, predator control, and research.
• Predator Free 2050coreStrategic or Co-development PartnerPartnership on Matakana Island to protect New Zealand dotterel nesting sites through predator control on Port Blakely forestlands.
• Kaharoa Kōkako TrustcoreStrategic or Co-development PartnerPartnership through Kōkako Ecosystem Expansion Programme (KEEP) to protect and expand kōkako populations through annual predator control on forest edges.
• Scion (Crown Research Institute)coreStrategic or Co-development PartnerPhil Taylor serves on the Scion Board as Director, contributing expertise to research advancing forestry and biobased sectors.
• Lewis Conservation DistrictcoreStrategic or Co-development PartnerCollaboration on Mill Creek salmon habitat restoration project planting 6,000 trees in a single day, part of multi-year effort establishing 20,000 trees and shrubs.

Scale indicators7 records

Recent moves10 records

Expansion highlights7 records

Broad incumbents

• Rayonier: US Timber REIT with ~2.7M acres, including PNW and Southern timberland plus a Performance Fibers business. Comparable in operating model (sustainable timber + revenue diversification) but at much larger scale with public-market liquidity.
• PotlatchDeltic: Timber REIT with ~1.9M acres concentrated in Idaho, Arkansas, and Minnesota. Comparable FSC/SFI certification standards and sawlog/log sales model, though less export-oriented than Port Blakely's Pacific operation.
• Weyerhaeuser: Largest private timberland owner in the US (~12M acres). Listed Timber REIT with comparable PNW Douglas-fir exposure, FSC/SFI certifications, and is a benchmark buyer of public timber markets where Pacific Lumber & Shipping competes.

Direct peers

• New Forests: Australia-based sustainable forestry investment manager with significant NZ and Pacific assets, active in carbon project development. Highly comparable as a forestry investment + carbon credit operator, though structured as an investment manager rather than direct owner-operator.
• OneFortyOne Plantations: Australia/NZ plantation timber owner with FSC-certified radiata pine, comparable to Port Blakely's NZ business including export-grade sawlog production and Asia-Pacific log trading. Direct competitor in Pacific softwood log markets.
• Blueleaf Forest (formerly Ernslaw One): NZ-based radiata pine plantation owner (formerly Ernslaw One) with Asia log export focus. Highly comparable in scale, species mix and Asian export market exposure to Port Blakely's NZ business.

Regional players

• Forestry Corporation of NSW: Australian state-owned forestry manager operating plantation and native forests with FSC certification. Comparable in stewardship-and-production model and Asia-Pacific softwood exports but state-owned and limited overlap with PNW/NZ geography.

Others

• Hancock Timber Resource Group / Manulife Forest Equity: Large TIMO managing ~5M+ acres of US timberland on behalf of institutional investors. Comparable as a professionally-managed forestry platform, though Manulife competes more for institutional capital than competes in the log market directly.
• ArborGen: Global forestry seedling and genetics supplier. Relevant as the upstream supplier of improved radiata pine and Douglas-fir genetics that Port Blakely and other PNW/NZ growers use to enhance forest productivity.

Emerging players

• WholeTrees Structures: Woman-owned US mass timber fabricator partnering with Port Blakely on certified-carbon mass timber products. Highly relevant as a downstream partner/channel for premium sustainable timber and a comp for emerging bio-economy wood-product businesses.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@portblakelynzessentialoils
• LinkedInlinkedin.com/company/port-blakely
• Xx.com/portblakely

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pacific Lumber & Shipping