NEW Zealand’s biggest containerised freight exporter, Kotahi and Port of Tauranga have announced an extension to their long-term volume commitment agreement.
The agreement extends Kotahi’s commitment to Port of Tauranga for seven more years, through to mid-2031.
Kotahi manages freight on behalf of more than 40 of New Zealand’s importers and exporters, including its shareholders Fonterra and Silver Fern Farms.
Port of Tauranga chief executive, Mark Cairns, said the collaboration between the two companies gave the port the confidence to invest further in expanding its container terminal.
“We look forward to continuing our highly productive relationship with Kotahi,” Mr Cairns said.
Kotahi chief executive, David Ross, said the collaboration with Port of Tauranga had brought significant benefits to New Zealand, including a more sustainable and resilient supply chain with efficient big ships.
“We are delighted to support Port of Tauranga’s future development programme with the commitment of cargo volume through to 2031,” Mr Ross said.