17 Jul 2026
3 months ago
747 views
The New Zealand Government has confirmed KiwiRail will operate two new Cook Strait rail ferries, named Kupe and Cook, arriving in 2029 with a 30-year operational plan to ensure a practical and affordable ferry service. The project, capped at $1.7 billion, saves $2.3 billion compared to previous estimates and includes commercial arrangements protecting taxpayers while supporting critical freight routes between Auckland and Christchurch. The programme also features new marine infrastructure, strict project management, and a long-term strategy to maintain rail ferry services for future generations.
25 Nov 2025
11 months ago
1131 views
The Government has decided against procuring dedicated emergency ocean response capabilities (EORC) for the Cook Strait due to significant cost escalations—from $80 million to over $259 million over 10 years—and limited benefits, as existing vessels have resolved past incidents effectively. New Cook Strait ferries with enhanced safety features will reduce the need for external assistance, and the temporary contract for the MMA Vision tugboat will end in February 2026, saving $9 million. Overall, the Government concludes that the investment in dedicated towing capabilities is not cost-effective and cannot justify passing costs onto taxpayers or users through levies.
19 Nov 2025
11 months ago
1189 views
The Government has secured two new Interislander ferries from Guangzhou Shipyard International under a $596 million fixed-price contract, with the total program costing less than $2 billion and saving taxpayers $2.3 billion by cutting expensive consultancy and excessive infrastructure. Funding for the infrastructure will be recovered through port fees and Interislander is expected to build reserves for future ferry replacements, operating like a normal business. The project is managed by Ferry Holdings with support from CentrePort, Port Marlborough, and KiwiRail, emphasizing fiscal discipline and minimizing disruption, while also strengthening economic ties with China.
03 Sep 2025
1 year ago
1384 views
Ferry Holdings has secured a preferred shipbuilder for two new ferries to serve passengers, road, and rail for the next 30 years, with a fixed price and completion in 2029. Rail Minister Winston Peters praised the swift procurement process and highlighted the importance of the letter of intent signed for technical negotiations. The new ferries will have specific dimensions, capacities, power, and safety features to ensure efficient and environmentally friendly transportation across the Cook Strait for the next three decades.