An artist’s rendering of one of the new Hyundai Mipo Dockyard Interislander ferries which will replace the existing fleet. KiwiRail has signed a $551 million contract with Korea’s Hyundai Mipo Dockyard to build two new Interislander ferries to replace the existing fleet. Transport Minister Michael Wood said the two new, rail-enabled, ferries would help reduce transport emissions and support more goods and people crossing the Cook Strait. READ MORE:* Budget 2020: New Interislander ferries, more money for rail* Coronavirus: What does New Zealand's alert level 4 lockdown mean for travel? The current ferries would likely be sold once the new ferries were in service and there had been a period of transition.

Source: Stuff July 01, 2021 01:11 UTC