Articles tagged with Ferry Holdings
New Ferries Secured for Next 30 Years by Ferry Holdings: Design and Delivery Details
3 weeks ago | 193 viewsFerry 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.
Tags: Ferry Holdings Winston Peters Rail Minister ship builder shipyards procurement process ship specification shipyard Cook Strait TasmaniaKiwiRail & Hyundai Mipo Dockyard Settle Project iReX Dispute for $144M
1 month ago | 205 viewsKiwiRail and Hyundai Mipo Dockyard have settled on a $144 million payment to cover costs incurred from the cancelled Project iReX ferries, with KiwiRail emphasizing the decision was not a reflection on Hyundai. The settlement frees up more funding for other Government projects, debunking claims that canceling the contract would cost taxpayers the full $551 million contract value. The settlement marks the end of mismanagement by the previous government, which failed to consider necessary port infrastructure, resulting in a near quadrupling of project costs before its cancellation in December 2023.
Tags: KiwiRail Hyundai Mipo Dockyard Mr Peters RNZ The Post Tangi Utikere Nicola Willis Ferry Holdings Picton WellingtonFerry Holdings Announces Infrastructure Agreements with Ports and KiwiRail for Arrival of New Ferries by 2029
2 months ago | 737 viewsFerry Holdings has reached agreement with CentrePort, Port Marlborough and KiwiRail on core infrastructure scope, Rail Minister Winston Peters announced today. The agreements set out the scope of physical work and equipment to be delivered by 2029 when two new ferries arrive, with port and KiwiRail agreements to be entered later this year to confirm the investment splits between Ferry Holdings and each other company and other commercial terms. “This is not our first regatta, as this no-nonsense infrastructure focus is what was supposed to happen in 2020 until poor management and a lack of oversight allowed iReX to blow out.
Tags: Centreport Dublin street Ferry holdings Holdings Kiwirail Marlborough Port marlborough Wellington Winston peters