UPDATE: Big deals bring big ships to New Zealand at last

Thu, 26 Jun 2014

(Updates with briefing) By Pam Graham June 26 (BusinessDesk) – A rare 10-year shipping contract will pave the way for global shipping line Maersk to bring 6,500 TEU container ships to New Zealand by the end of 2016, but they will initially call only in Tauranga. Kotahi, the logistic company led by Fonterra Cooperative Group and Silver Fern Farms which has 30 other exporter customers, has done a 10-year deal with Port of Tauranga under which it will provide 1.8 million containers to the port and will put cargo through Port of Tauranga’s...

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