Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


BP fuels Sealord vessels

5 September, 2012

BP fuels Sealord vessels

BP Oil NZ and Sealord have signed a new supply agreement that will ensure the Nelson-based fishing company has access to the quantities of fuel it needs to run its growing business.

A Sealord trawler, F.V. Thomas Harrison, took on 55,000 litres of light fuel oil (LFO) at Nelson on Sunday as the first of many transactions under the agreement. Today, 400,000 litres of light fuel oil will be transferred to F. V. Professor Aleksandrov in Dunedin.

“We’re proud to be able to offer fuel to Sealord under this agreement,” said BP New Zealand Managing Director, Matt Elliott. “New Zealand’s deep sea commercial fishery is hugely important to our economy and Sealord is responsible for around one third of it.”

“That first load was actually quite a small one,” said Mr. Elliott, “but the 400,000 litres we’re putting into vessels in Dunedin better reflects the volume we’ll be dealing with during each visit.”

“And with a newly refurbished tank at our Nelson terminal – exclusively for the use of Sealord vessels – we will always have that volume available to them. A major part of BP’s commitment to Sealord is about security of supply.”

In the past, ships have arrived at port and been unable to get the large amounts of fuel needed. Not only are these vessels required to cover great distances in New Zealand’s often rough seas, they also use fuel as ballast, counteracting the heavy nets they use to haul in the catch.

“BP has assured Sealord their vessel captains can be confident there will be no wasted time in port waiting for fuel to come in,” Mr. Elliott said.

Sealord General Manager New Zealand Fish, Doug Paulin said: “BP has made a commitment to ensure supply, which will improve Sealord’s efficiency and reduce the costs associated with supply uncertainty.”

Each month, on average six of Sealord’s nine ship fleet are expected to dock at either Nelson or Dunedin to take on fuel.

“The agreement between BP and Sealord also means that BP can retain its strong presence in Nelson and Dunedin, and go on contributing to the ports, and to the wider economy,” Mr Elliott said.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

R18: The Warehouse Group Praised For Removing Games

The decision by New Zealand’s largest retailer The Warehouse Group (TW Group), to withdraw stocks of the latest version of Grand Theft Auto V (GTA V) and other R18 games, has been praised by advocacy group Stop Demand Foundation. More>>

ALSO:

Air NZ Wine Awards: Victory For Villa Maria As Pinot Noir Thrills

It was a night to remember as Villa Maria Estate picked up one of the highest accolades of the evening, the O-I New Zealand Reserve Wine of the Show Trophy, at the 28th Air New Zealand Wine Awards. The Villa Maria Single Vineyard Southern Clays Marlborough ... More>>

ALSO:

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news