Coastal Bulk Shipping shareholders consist of a diverse group of people who have a common interest in coastal shipping. Their backgrounds vary considerably from farming to transport operators and workers in the transport and shipping industry.
All shareholders share a common belief that as a long, narrow country, New Zealand lends itself to shipping.
As a young country with developing infrastructure New Zealand was built on coastal ships using smaller ports. As road and rail developed, freight gradually moved from the sea until the last bulk ships (other than cement and fuel carriers ) stopped operating on the New Zealand coast approximately 35 years ago.
In recent years a growing population, higher fuel prices and the failure of road and rail infrastructure to keep pace with demand has rekindled an interest in coastal shipping.