33679 (2026). Tangi Utikere to the Minister for Rail
Written Question
Published date: 12 Aug 2026
33679 (2026). Tangi Utikere to the Minister for Rail: What insurance, if any, does Ferry Holdings Limited hold in respect of the ships under construction and the port infrastructure works, and what is the annual premium?
Rt Hon Winston Peters: None. The fixed price ship contract, approved infrastructure scope, and contingencies are all within the $1.704 billion appropriation for Ferry Holdings Limited costs. Ferry Holdings Limited does not hold any insurance for ships construction or infrastructure works.