StraitNZ to acquire Stena Livia ferry from Stena Line.

StraitNZ, a New Zealand transport firm, agreed to acquire Stena Livia ferry, a vessel operating between Germany and Latvia, from Stena Line, an European shipping company. Financial terms were not disclosed. “We are familiar with the vessel type and know it is well suited to work on Cook Strait. When we set out to find a suitable vessel replacement a few months ago, we wanted to be able to provide more freight and passenger capacity and the Livia delivers both,” Shane McMahon, StraitNZ CEO.