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            december 14, 2019

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Pacifica Shipping acquired a 1,700-TEU ship


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, reported Shipping Gazette.
Pacifica, a coastal ship operator and domestic cargo carrier in New Zealand, was acquired by China Navigation in 2014.
The ship, named Moana Chief, is expected to commence operations in September, reports Splash 247. 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, Pacifica will be in a good position to meet rising domestic cargo and transshipment demand," said Swire New Zealand country manager Brodie Stevens.
"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," he said.

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