NZ fuel tankers scuttled?

NZ fuel tankers scuttled?
Refining NZ is ceasing fuel refining operations at Marsden Point. (Image: Supplied).
Oliver Lewis
A fuel transport company is winding down and ending its use of New Zealand’s two regional fuel tankers as oil refining in this country draws to an end.Coastal Oil Logistics, a joint venture between major petroleum suppliers BP, Mobil and Z Energy, charters two NZ-flagged tankers from Silver Fern Shipping to transport fuel products from the Marsden Point refinery to all major ports around the country, except Auckland.According to its website, each year the two vessels – MT Matuku and MT Kokako – make more than 200 port calls an...

More Editor's Picks

Neuren's 'embarrassment of opportunities'
Markets

Neuren's 'embarrassment of opportunities'

The pharmaceutical firm is pushing for approval of multiple phase-three trials in 2026.

Northland dairy goat farmers’ ‘beautiful dream’ sours
Primary Sector

Northland dairy goat farmers’ ‘beautiful dream’ sours

It was once worth over $24m. Now, they could be left with nothing.

Grocery delivery is booming: Woolworths NZ boss
Retail

Grocery delivery is booming: Woolworths NZ boss

The firm has invested heavily in optimising its delivery capability.

Gregor Thompson 06 May 2025