KiwiRail names shipbuilder for ferries

Wed, 23 Dec 2020

KiwiRail has selected the world’s sixth-largest shipbuilder as its preferred partner for construction of its next generation of inter-island ferries.The state-owned rail operator has signed a letter of intent with the Hyundai Mipo Dockyard in South Korea. Detailed technical and commercial negotiations will continue with the Ulsan-headquartered company with the aim of settling a construction contract in mid-2021.Massimo Soprano, manager of KiwiRail’s ships programme, said the selection process had been highly competitive with some of...

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