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NZ's meat and dairy exporters gets largest ever boxship for Asia run
A NEW weekly service to Asian export markets using the largest container ship ever to call at a New Zealand port is to be launched by the Kotahi joint venture between Fonterra Cooperative Group and Silver Fern Farms, the National Business Review of New Zealand reported.
The service will operate through the Port of Tauranga where a NZ$350 million (US$249 million) port expansion and dredging operation will allow visits by a ship capable of carrying more than twice the usual number of containers seen on cargo ships operating through New Zealand.
The new service will see ships with a capacity of 9,500 TEU calling at Tauranga on their way from the west coast of South America before heading to ports in North Asia. The new route requires the Maersk ships to divert to New Zealand before heading to destinations in China, Japan, and Korea, among others.
The South American and New Zealand cargoes are complementary primary produce loads requiring refrigeration, which the ships to be used on the run are well-equipped to provide.
The new service will effectively replace the current Triple Star service, which has been operating a dedicated New Zealand-Asia route on a roughly fortnightly basis, and is a direct product of collaboration with Maersk under a 10-year agreement signed two years ago, Kotahi's chief executive, David Ross, explained.
However, cost savings are not a feature of the improved timetable, with international freight rates already delivering negative returns for much of the global shipping industry. Instead, the new route represented an investment in a sustainable and more regular service for New Zealand exporters, said Mr Ross.
The ships were more fuel-efficient than the 2,000-4,500 TEU-sized vessels that commonly service New Zealand ports and would cut carbon emissions between New Zealand and Asian ports by about 22 per cent.
Mr Ross said Kotahi didn't expect the route to attract any more cargo than already moves on the Triple Star service at first, although he expected it would begin to attract new sources of freight over time.
The service will operate through the Port of Tauranga where a NZ$350 million (US$249 million) port expansion and dredging operation will allow visits by a ship capable of carrying more than twice the usual number of containers seen on cargo ships operating through New Zealand.
The new service will see ships with a capacity of 9,500 TEU calling at Tauranga on their way from the west coast of South America before heading to ports in North Asia. The new route requires the Maersk ships to divert to New Zealand before heading to destinations in China, Japan, and Korea, among others.
The South American and New Zealand cargoes are complementary primary produce loads requiring refrigeration, which the ships to be used on the run are well-equipped to provide.
The new service will effectively replace the current Triple Star service, which has been operating a dedicated New Zealand-Asia route on a roughly fortnightly basis, and is a direct product of collaboration with Maersk under a 10-year agreement signed two years ago, Kotahi's chief executive, David Ross, explained.
However, cost savings are not a feature of the improved timetable, with international freight rates already delivering negative returns for much of the global shipping industry. Instead, the new route represented an investment in a sustainable and more regular service for New Zealand exporters, said Mr Ross.
The ships were more fuel-efficient than the 2,000-4,500 TEU-sized vessels that commonly service New Zealand ports and would cut carbon emissions between New Zealand and Asian ports by about 22 per cent.
Mr Ross said Kotahi didn't expect the route to attract any more cargo than already moves on the Triple Star service at first, although he expected it would begin to attract new sources of freight over time.
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