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

Xero’s Melio ‘leap of faith’
Markets Analysis

Xero’s Melio ‘leap of faith’

The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet. 

Pattrick Smellie 01 Jul 2025
Facebook is no place for risky financial investment offers
Opinion

Maria Slade: Facebook is no place for risky financial investment offers

Misleading ads continue to be thrust in the faces of Mum and Dad investors.

Maria Slade 30 Jun 2025
'There are some firms in NZ I won’t touch'
Policy

'There are some firms in NZ I won’t touch'

Adam Feeley on the reluctance to call out poor performers in NZ infrastructure sector.

Oliver Lewis 30 Jun 2025
Where to take care of business in Fiji
Editor's Picks Free

Where to take care of business in Fiji

Sun, space, and seamless travel: Fiji’s pitch for NZ’s next big business meetings.

Riley Kennedy 28 Jun 2025