Kotahi, Maersk sign second long-term freight agreement in New Zealand

Kotahi, New Zealand’s containerised freight manager and A.P. Moller – Maersk, a global integrated logistics company, signed a second long-term freight agreement to December 2034.

“The magnitude of this agreement is big, even by global standards, with an estimated NZ$160 billion (US$97 billion) value of primary export products given greater certainty and capability around delivery to market,” says David Ross, CEO, Kotahi.

This partnership has shipped 1.8 million TEU (23 million tonnes) of New Zealand cargo to market in the past decade.

Vincent Clerc, CEO, A.P. Moller-Maersk adds: “Over the past decade, our collaboration has been instrumental in providing ocean logistics solutions for New Zealand exporters, and we anticipate sustaining this momentum and further advancing our shared objectives in the years ahead.”

In February 2024, Maersk made its biggest infrastructure investment in New Zealand by opening a NZ$140-150 million (US$85-90 million) state-of-the-art cold-storage facility in Ruakura.

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