A moving cluster is defined by a set of objects that move close to each other for a long time interval. Real-life examples are a group of migrating animals, a convoy of cars moving in a city, etc. We study the discovery of moving clusters in a database of object trajectories. The difference of this problem compared to clustering trajectories and mining movement patterns is that the identity of a moving cluster remains unchanged while its location and content may change over time. For example, while a group of animals are migrating, some animals may leave the group or new animals may enter it. We provide a formal definition for moving clusters and describe three algorithms for their automatic discovery: (i) a straight-forward method based on the definition, (ii) a more efficient method which avoids redundant checks and (iii) an approximate algorithm which trades accuracy for speed by borrowing ideas from the MPEG-2 video encoding. The experimental results demonstrate the efficiency of our techniques and their applicability to large spatio-temporal datasets.