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

 


New Coastal Ship To Boost Freight Capacity, Efficiency


NEWS RELEASE 14 November 2012

New Coastal Ship To Boost Freight Capacity, Efficiency

Pacifica Shipping will launch a new coastal container service next month, the first step in what it says is a vital rejuvenation for domestic sea freight capacity and inter-island transport efficiency.

Steve Chapman, Pacifica's chief executive, said Spirit Of Independence will carry almost 300 containers more than the ship it replaces, Spirit of Resolution, which operated successfully on the coast for 15 years until going off charter last month.

"The new vessel is 40% bigger, faster, and more fuel efficient than its predecessor. As a gearless ship – the same as our Spirit of Endurance – we will no longer call at Port of Onehunga and will utilise the main Auckland port instead," Mr Chapman said.

"With a total TEU capacity of 672 containers, the new ship also offers substantially greater reefer capacity to help meet rising demand for domestic and export transhipment of refrigerated cargoes."

Mr Chapman said the chartered Spirit of Independence will provide scheduled weekly calls to Auckland, Lyttelton, Nelson and New Plymouth ports, looping around North Cape to begin each southbound leg.

"In tandem with Spirit of Endurance the ship will greatly improve the logistical capability of our coastal network and enhance productive use of existing ports' infrastructure and facilities.

"Crucially it will also deliver the lowest possible costs for long-haul freight movers, at no cost to New Zealand taxpayers.

“Nothwithstanding talk of a new Cook Strait ferry terminal, moving goods by sea directly between ports is the safest, cleanest and most energy efficient mode by far."

"We have a practical blueprint for coastal shipping going forward, offering a cost effective alternative to land-based modes that move the same types of cargo between North and South Island markets.

He said Pacifica Shipping was now strategically placed to ensure coastal shipping can play a key role in meeting projected freight growth over the next one to two decades.

"Our improved service gives us the ability to grow this business, even in the current environment of subsidised rail and road.

"We believe it will be the forerunner of more coastal vessels over the coming years.”


Click for big version.

Pacifica Shipping's new coastal ship, Spirit of Independence, can carry 672 containers

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Houses (& Tobacco) Lead Inflation: CPI Up 0.3% In March Quarter

The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays. More>>

ALSO:

Notoriously Reliable Predictions: Budget To Show Rise In Full-Time Income To 2018: English

This year’s Budget will forecast wage increases through to 2018 amounting to a $10,500 a year increase in average full time earnings over six years to $62,200 a year, says Finance Minister Bill English in a speech urging voters not to “put all of this at risk” by changing the government. More>>

ALSO:

Prices Up, Volume Down: March NZ House Sales Drop 10% As Loan Curbs Bite

New Zealand house sales dropped 10 percent in March from a year earlier as the Reserve Bank’s restrictions on low-equity mortgages continue to weigh on sales of cheaper property. More>>

ALSO:

Scoop Business: Chorus To Appeal Copper Pricing Judgment

Chorus will appeal a High Court ruling upholding the Commerce Commission’s determination setting the regulated prices on the telecommunications network operator’s copper lines. More>>

ALSO:

Earlier:

Cars: Precautionary Recalls Announced For Toyota Vehicles

Toyota advises that a number of its New Zealand vehicles are affected by a series of precautionary global recalls. Toyota New Zealand General Manager Customer Services Spencer Morris stressed that the recalls are precautionary. More>>

ALSO:

'Gardening Club': Air Freight Cartel Nets Almost $12 Million In Penalties

The High Court in Auckland has today ordered Swiss company Kuehne + Nagel International AG to pay a penalty of $3.1 million plus costs for breaches of the Commerce Act. Kuehne + Nagel’s penalty brings the total penalties ordered in this case to $11.95 million ... More>>

ALSO:

Crown Accounts: Revenue Below Projections

Core Crown tax revenue has increased by $1.9 billion (or 5.0%) compared to the same time last year. However this was $1.1 billion less than expected and is reflected across most tax types, continuing the pattern of recent months. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news