Articles tagged with Guangzhou Shipyard International
How New Zealand Saved $2.3B with a Smart, No-Nonsense Ferry Solution
2 weeks ago | 106 viewsThe speech highlights the shift from the failed, wasteful iReX ferry project to a fiscally disciplined, pragmatic approach that saves taxpayers $2.3 billion by focusing on essential infrastructure upgrades and acquiring two new ferries within a $1.7 billion budget. The new plan maintains support for rail, keeps costs low to benefit consumers, and involves collaboration with experienced industry partners, including a reputable Chinese shipbuilder, ensuring timely and efficient delivery by 2029. Emphasizing commonsense and practical expertise over costly overreach, the project is already underway with strong leadership and community support, promising a sustainable future for New Zealand’s Interislander ferry services.
Tags: Lachie Nadine Taylor Andrew Little Daran Ponter Chris Mackenzie Heather Simpson Greg Lowe Katherine Rich Iain McLeod Guangzhou Shipyard InternationalGovernment Saves $2.3 Billion with New Interislander Ferries and Infrastructure
2 weeks ago | 94 viewsThe 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.
Tags: Winston Peters Guangzhou Shipyard International Ferry Holdings CentrePort Port Marlborough KiwiRail Interislander Bluebridge Rail Minister Cook StraitNew Zealand Government Secures Guangzhou Shipyard for Two Ferry Builds
1 month ago | 184 viewsThe Government has selected Guangzhou Shipyard International to build two new ferries through Ferry Holdings Limited. Rail Minister Winston Peters highlighted GSI's expertise and capabilities as a leading shipbuilding enterprise in Southern China. Negotiations are ongoing, with details to be disclosed upon completion, including agreements with CentrePort Limited and Port Marlborough New Zealand Limited, aiming for completion in 2029 with cost-effective solutions to benefit New Zealand taxpayers.
Tags: Government Ferry Holdings Limited Guangzhou Shipyard International Rail Minister Winston Peters GSI New Zealand taxpayers ferry replacement programme CentrePort Limited Port Marlborough New Zealand Limited project iReX