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NZ ports mull post merger reshuffle

New Zealand's ports are jostling for business as a potential over-tonnaging situation develops following Maersk's absorption of P&O Nedlloyd and its subsequent withdrawal of that line from services such as the "Eastabout" and "Westabout" Vessel Sharing Arrangements (VSAs) to Europe.

P&O Nedlloyd's major exposure to NZ trade lanes means a serious repositioning of alliances, VSAs and service routings, each of which has ramifications for ports.

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