MOVE Logistics Group Limited logo

MOVE Establishes Trans-Tasman Shipping Route

Operational Update8 August 2022MOVIndustrials

Company Announcement
8 August 2022


MOVE ESTABLISHES TRANS-TASMAN SHIPPING ROUTE

New Direct Shipping Route Links NZ Regional Ports to Tasmania and Australia’s East Coast

Transport and logistics group, MOVE Logistics Group Limited (NZX/ASX: MOV), has taken a significant

step in its new Oceans business, with its first trans-Tasman sailing scheduled for Q4 2022.

In line with this, MOVE has entered an agreement to acquire a vessel, the Atlas Wind, out of Europe.

It is expected that the acquisition will be settled in October 2022. The Atlas Wind can carry 350

containers, or the equivalent of 5,000 tonnes of bulk cargo. With two cranes on board, the vessel has

the ability to call into ports that historically may not have been able to accept containerised and bulk

cargoes.

The maiden journey will be the first of a regular monthly voyage that will see goods shipped

between regional New Zealand ports including Nelson, Timaru, New Plymouth and Bluff, across the

Tasman to Tasmania and other east coast ports in Australia. For some of these regions, the MOVE

service will be the only direct ship route, while in other regions, it will provide a further option for

customers currently facing shipping constraints and difficulties.

Cornerstone customer, BioMar Australia, will be utilising the direct service to ship its high-

performance fish feed from Tasmania to key aquaculture businesses in New Zealand.

CEO of BioMar, David Whyte, says: “We’ve worked in partnership with MOVE to create an innovative

logistics solution which will support our business, our customers and will also benefit other

Tasmanian businesses. Not only does this new direct service make for a faster, cheaper and

ultimately more efficient supply chain, having one trusted logistics partner also reduces complexity

and risk for our business. We will be utilising MOVE’s extensive network to deliver our products to

customers once they reach New Zealand’s shores.”

General manager of MOVE Oceans, Dale Slade, commented: “While the aquaculture industry has

been first off the mark to recognise the value of a direct, regional trans-Tasman shipping route, we

have also received commitments and strong interest from a range of other businesses. New

Zealand’s regional businesses make up the backbone of our economy; we are delighted to be able to

provide further support for their growth and success through the new MOVE Oceans offer. This

unique new service allows MOVE to offer a true door to door supply chain, transporting customers’

goods from our vessels to trucks and into MOVE warehousing before final mile delivery.”

ENDS

For further information, please contact:


Chris Dunphy

Executive Director

Phone: +61 417 888 930

Email: Chris@movelogistics.com

Lee Banks

Chief Financial Officer

Phone: +64 27 525 2876

Email: Lee.Banks@movelogistics.com


For media assistance, please contact: Jackie Ellis t: + 64 27 246 2505 e: jackie@ellisandco.co.nz

About MOVE Logistics Group Limited (MOV)
MOVE is one of the largest domestic freight and logistics businesses in New Zealand, with a

nationwide network of branches, depots and warehouses.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.