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Home > Checkpoint > Total spend on scrapped ferries climbs to $670 million
Podcast: Checkpoint
Episode:

Total spend on scrapped ferries climbs to $670 million
Category: News & Politics
Duration: 00:10:22
Publish Date: 2025-08-15 05:24:00
Description: The government has forked out over $144 milliion dollars in a final payment for breaking the contract with the Korean shipbuilders that were signed-up to make the Cook Strait ferry replacements. That brings the total costs for the scrapped iReX Cook Strait ferry project to $671 million according to Kiwi Rail. Minister for Rail, Winston Peters spoke to Lisa Owen.
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