The service will offer a monthly sailing carrying pulp, timber and forest product related cargo for key customers.
The two New Zealand ports are Napier and Tauranga, whilst the key Asia ports are Incheon, Qingdao, Lianyungang, Onsan, Tomakomai and Kaohsiung, thereby preserving the existing Lodestar service network and further expanding the port scope.
A total of three 38,000 dwt bulk carriers will be deployed in the service. They are MV Glorious Saiki, MV Furness Portland and MV Furness Southern Cross.
Chris Blake, general manager, projects of Swire Shipping, said: “The service will be the foundation for future innovative solutions, to service New Zealand import and export cargoes.”
Swire Shipping and Lodestar said the new service is expected to “deliver greater operational efficiencies and benefits for customers.”
The service remains subject to regulatory approval.
Swire Shipping is the liner shipping division of The China Navigation Company, while Lodestar is the logistics and shipping division of Oji Fibre Solutions.