Marine Feeders Limited
NZD 2.25m req'd. Low risk startup because model is proven and cargoes are committed for 84% of breakeven. Cashflow modelling shows NPV of NZD 21m @ 25% WACC.
- Stage Full Product Ready
- Industry Transportation
- Location Auckland, New Zealand
- Currency NZD
- Founded 2013
- Employees 0
- Website marinefeeders.co.nz
Company Summary
Marine Feeders is a startup coastal shipping service, mirroring international best practice and trends by feeding containers to and from centralised hub ports for international shipping lines. It also safeguards secure and economic supply lines for regional industry, supporting development and investment. The model entails a chartered ship, based Auckland & NZ flagged / crewed, with stevedoring, ship and crew management outsourced to experts.
Team
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DirectorGovernance, CEO, manufacturing etc, export/import, wide industry experience through managing and advising. Strategy, financial management, HR, marketing, leading people.
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Managing Director nominatedExperienced and reputable cargo expert (30 years, including 15 years as owner of Cargo Co-rdinators). Has led or participated in five startups.
Advisors
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Burton & Co, solicitors
Nick Francis, CAPartner, MGI NZUnconfirmed
Peter Dawson, maritime lawyerPartner, Dawson and AssociatesUnconfirmed
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