New Zealand-listed Move Logistics Group is proceeding with the order for a new coastal roll-on, roll-off (Ro-Ro) vessel that will be capable of operating with methanol as fuel.

Earlier this year, the company was able to secure NZ$10m ($6m) in co-investment funds from transport agency Waka Kotahi to back coastal shipping initiatives that would boost the competitiveness of the domestic shipping segment and cut down greenhouse gas emissions in the freight sector.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The new Ro-Ro vessel design features a methanol tank and pipework installation during construction, which will ensure that the fit-for-purpose vessel will be ready for a swap-in when methanol-powered engines become available.

Move executive director Chris Dunphy says: “Move is committed to the decarbonisation of freight and logistics activities. Our decision to invest alongside Waka Kotahi demonstrates the very real nature of how a former trucking company can become truly multi-modal and offer resilience to our clients via coastal shipping.”

The vessel will be able to berth wheeled cargo at a minimum of 13 ports in New Zealand without needing new port infrastructure to be built.

See Also:

Initially, the vessel will undertake three sailings a week between Nelson and New Plymouth, as well as provide an extra sea bridge between the North and South Islands.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The company has not revealed details regarding when and where the ship will be built.

It expects to start operating the vessel in 2023, reported TradeWinds.

Move Oceans general manager Dale Slade said: “This new vessel will not only provide a reliable mode of transport, but operational efficiencies will also amplify the carbon reduction efforts of Move and Waka Kotahi. The expansion of coastal shipping will be transformative for the economies of regional New Zealand.”