The Standard

Posts Tagged ‘Tug boat’

i-Rex ferries would have started arriving today

Written By: - Date published: 3:36 pm, December 13th, 2025 - 5 comments

NZ previously secured next-gen, hybrid ferries for 40% less than market price during Covid. The cancellation of these partially built 2026 ferries resulted in a loss of $700m to more than $1bn