Presentation to Fiji New Zealand Business Conference Auckland - June 2015

Transcription

1 Presentation to Fiji New Zealand Business Conference Auckland - June 2015

2 Polynesian Shipping Line. Sold as a going concern in September 2014 to Neptune Pacific Line Continues to trades as an independent service provider Independent tariff Own office Own customer service, sales and admin team Approaching ten years trading history (since 2006) Operates as an NVOCC via operational agreements Buys space on Neptune, Auspac and Southpac services Free to also trade with other operators if we wish Operates a bonded transitional facility in Auckland Not just a shipping company logistics facilitator

3 Neptune Pacific Line Owned by Fiji Water who in turn owned by the `Wonderful Company US. Largest regional carrier, doubling in size in 2014 through acquisition and organic growth The Wonderful Company (previously The Roll Group renamed May 2015) Privately Held US$4.0 billon Company, 7300 employees Investment in shipping/logistics reflecting importance of supply chain on business Significant Nut and Citrus grower, beverage production and owner of Teleflora Brands include Fiji Water, Justin & Landmark Wines, Teleflora, Suterra, Wonderful Halo s, Pistachios, Almonds and Sweet Scarlet's, POM Wonderful Shipping brands include Neptune Pacific Line, Polynesian Shipping (100%), Pacific Forum Line (50% with GoS) Corporate Beliefs passion for harvesting healthy and nutritious foods totally integrated in their approach to farming and distribution, including shipping vertical structure to ensure that quality standards are maintained at every step from orchards to consumer tables

4 Neptune Pacific Line Core Business Shipping Chartered and owned tonnage Container Parks - Fiji & Samoa Container Management Ships Agency Pacific Agencies Fiji Forum Agencies Samoa & Tonga Polynesia Shipping Services Apia Stevedoring (Apia & Tonga) Warehousing Airport Management Trucking Air freight IT Systems Asset Management Procurement Distribution May 2015 acquired purpose built vessel first named Forum Samoa Now named Capitaine Fearn

5 Our Services.. Shipping from New Zealand to Fiji, Samoa s and Kingdom of Tonga Australia to Samoa s and Kingdom of Tonga Global ports of Origin to Samoa s & Kingdom of Tonga We ship all types of cargo Containers dry and refrigerated Air Freight Break bulk FAK LCL Service Provide assistance with sea freight, airfreight, bond store, quarantine, shipping agency, transport, customs clearances

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7 Service Update... Significant changes and investments made Weekly service from New Zealand to Fiji (Capitaine Cook & Capitaine Wallis) Fortnightly service from New Zealand to Samoa s and Tonga (Southern Lily) Interisland (ex Fiji t Samoa s & Tonga) served by Auspac vessels Capitaine Tasman and Forum Pacific fortnightly service. Bunker Surcharge recently review and reduced As predicted last year rates have increased to Fiji further review expected. Some operators not increased rates desperate for revenue. Increasing number of Fiji Consignees failing to return equipment within free time frame Adds considerable cost Delays supply of equipment for export units Container bonds introduced to discourage retention.

8 Our Role in the Community.. Actively Sponsor Rotary with pacific island projects St Vincent De Paul Little Sisters of the Poor Samoa Netball School projects Marist Samoan Rugby Relief aid One of largest employers in Fiji - Seafarers (Legend award MNZ) - 10 cadets P.A. For next 5 years ex Fiji and Samoa

9 NZ - Fiji Trade Importers/Exporters Remains competitive despite GRI s High service frequency (Fixed Day V the rest) Choice of service providers Carriers / Ship Operators Poor infrastructure & productivity = delays, costs Slow turn round of equipment by importers Rates at low levels Future Rationalisation shipping operators on going Rate adjustments to reflect service levels and costs Ship size under consideration

10 Future Developments... Further development of transhipment services (origins changing) Get the ports right - develop hub services Further rationalisation amongst the shipping lines cost reduction Export opportunities for island communities (EG increase in produce, beverages, coconut cream etc) from Samoa s and Tonga to NZ and Australian markets) and not for getting the Sugar Industry in Fiji.

11 Thank You