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

 

MSC Consolidates On Port Of Tauranga

29 August 2011

Mediterranean Shipping Company Consolidates On Port Of Tauranga

Mediterranean Shipping Company (MSC), the world's second largest container shipping line, has today announced plans to commence a new Oceania Express Service with the Port of Tauranga as it s only New Zealand port call. (Oceania Express port rotation will be: Melbourne Sydney Brisbane Tauranga Balboa Long Beach Melbourne).

MSC s National Operations Director Mark Godfrey says: "MSC has recognised the Port of Tauranga as a major New Zealand hub, and we plan to trans-shipi cargo from six other New Zealand ports utilising our three other services currently operating in New Zealand (Capricorn, Kiwi and Pacific Island services).

Port of Tauranga Chief Executive Mark Cairns said MSC's announcement is fantastic news. We are delighted that MSC have chosen Tauranga as their New Zealand hub port and this announcement provides another tangible example of the structural change that is occurring in the New Zealand Port sector.

We are undertaking significant capital expenditure at the container terminal over the next few years to ensure that we continue to provide our customers with world class levels of productivity."

MSC s Oceania Express service will commence in October and along with the five other new services recently announced we now forecast container volumes to increase by approximately 20-25%, compared to year ended June 2011, with approximately 40% of this increase being attributed to transshipped cargo.

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Stats NZ: Quarterly Inflation Rising Steadily Across The Board

Higher prices for transport and food have driven up inflation for the all households group in the June 2021 quarter, Stats NZ said today. The ‘all households group’ represents all private New Zealand-resident households... More>>


Stats NZ: Primary Products Push Exports To A New High

New Zealand exports reached a new high in June 2021, off the back of record export values for logs and beef, Stats NZ said today. In June 2021, the value of all goods exports rose... More>>



Energy: New Zealand Could Be World’s First Large-scale Producer Of Green Hydrogen

Contact Energy and Meridian Energy are seeking registrations of interest to develop the world’s largest green hydrogen plant. The plant has the potential to earn hundreds of millions in export revenue and help decarbonise economies both here and overseas... More>>




Statistics: Household Saving Falls In The March 2021 Quarter

Saving by New Zealanders in the March 2021 quarter fell to its lowest level in two years after rising sharply in 2020, Stats NZ said today. Increases in household spending outpaced income growth, leading to a decline in household saving from the elevated levels that prevailed throughout 2020... More>>

ALSO: