Singapore’s China Navigation has announced that New Zealand-based subsidiary Pacifica Shipping has acquired a 1,700 teu ship for deployment on its coastal shipping service in New Zealand.
The ship, named Moana Chief, is expected to commence operations in September. China Navigation believes the new ship will meet growing domestic and international transhipping cargo demand in New Zealand.
“With the acquisition and an increase in tonnage from 1,100 to 1,700 teu, we strongly believe Pacifica will be in a good position to meet rising domestic cargo and transhipment demand. We want to expand the range of valuable domestic transport solutions currently already provided by Pacifica, and this will enable us to do so. Coastal shipping in New Zealand continues to play an important part in the country’s domestic economy. It is also highly complementary with road and rail networks,” said Brodie Stevens, country manager of Swire New Zealand.
Pacifica, a coastal ship operator and domestic cargo carrier in New Zealand, was acquired by China Navigation in 2014.