A.P. Moller – Maersk (Maersk) and Kotahi, New Zealand’s largest containerised freight management, have signed a second long-term freight agreement until December 2034.
This agreement aims to offer New Zealand’s foreign trade a safe, stable, and long-term global supply network for primary sector exporters.
Kotahi and Maersk began their relationship a decade ago with the goal of improving reliability in New Zealand maritime logistics while concentrating on the requirements of New Zealand exporters.
A decade later, the partnership has resulted in the alliance delivering 1.8 million TEU, or 23 million tonnes, of New Zealand cargo to market, with the majority being primary industry exports such as dairy, meat, fisheries, horticulture, and forestry, despite some trying conditions.
Kotahi noted that an ongoing freight partnership with Maersk will provide New Zealand’s international trade with resilience and agility to navigate these issues into the future.
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David Ross, Chief Executive of Kotahi, said: “The long-term agreement provides our shareholders, and exporters on our platform, with a backbone shipping network for reliable services to key export locations.
“During the peak of the COVID-19 disruption, Maersk was the standout carrier in choosing to bring additional vessel capacity and containers to New Zealand, which grew the capacity pie for the whole export market. This is an exciting partnership with Maersk. It enabled New Zealand exporters to stay competitive on the world stage and we look forward to the next 10 years.”
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Vincent Clerc, CEO of A.P. Moller-Maersk, stated: “Over the past decade, our collaboration has been instrumental in providing reliable and efficient ocean logistics solutions for New Zealand exporters, and we anticipate sustaining this momentum and further advancing our shared objectives in the years ahead.”