Latest / Early Edition with Ryan Bridge / Chris Mackenzie: Ferry Holdings Chair on the new Cook Strait ferry plans

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Chris Mackenzie: Ferry Holdings Chair on the new Cook Strait ferry plans · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: Fairy announcement bit light on detail about the land side
• 0:03
  Speaker 1: construction costs. That's the part that blew out acourse some
• 0:06
  Speaker 1: of the original Irex project, not the cost of the
• 0:08
  Speaker 1: vessels themselves. Winston Peters reckons overall we'll save two point
• 0:12
  Speaker 1: three billion bucks or thereabouts. Chris McKenzie is chair of
• 0:15
  Speaker 1: Ferry Holdings Limited with me this morning, Chris, good morning,
• 0:19
  Speaker 1: Good morning. So do we have any where have those
• 0:21
  Speaker 1: estimates come from for the infrastruy, you know, the land
• 0:24
  Speaker 1: side infrastructure.
• 0:26
  Speaker 2: We have done a considerable amount of work with both
• 0:29
  Speaker 2: Picton and Wellington. We have identified as as probably you've
• 0:34
  Speaker 2: seen the chart NOE out of the drawing to the
• 0:37
  Speaker 2: two ports. We have determined the cost of the wharf
• 0:42
  Speaker 2: that's being demolished and then replaced in Picton, so we
• 0:47
  Speaker 2: have a rough costing of that. We have a rough
• 0:50
  Speaker 2: costing now of the other what's called the nesting structure
• 0:55
  Speaker 2: where the fairies reverse into and were going out shortly
• 1:02
  Speaker 2: Again with the rough costing on the link spans both
• 1:06
  Speaker 2: in Wellington and Picton, and just as an aside, that's
• 1:09
  Speaker 2: one of the ways in which we are making some savings.
• 1:12
  Speaker 2: We're now going to have linked spans in Wellington and Picton,
• 1:15
  Speaker 2: which are essentially the same, whereas previously under IREX. There's
• 1:20
  Speaker 2: a link span being built for Picton and there's a
• 1:22
  Speaker 2: link span being built for Wellington. So we are saving
• 1:26
  Speaker 2: some money by getting identical link spans in both Victim
• 1:30
  Speaker 2: and Wellington.
• 1:31
  Speaker 1: It's all a but boo tricky. But the cost of them.
• 1:34
  Speaker 1: I mean you're saying rough costs, and people at home
• 1:36
  Speaker 1: will be going, oh, well, I've heard this before, because
• 1:39
  Speaker 1: remember how much this project was meant to cost to
• 1:41
  Speaker 1: begin with, and then what it was going to end
• 1:42
  Speaker 1: up costing, and most of that was landside. Of eighty
• 1:45
  Speaker 1: percent of it was chewed up by landside. So how
• 1:48
  Speaker 1: you know how confident are we look?
• 1:51
  Speaker 2: I think I am more confident than we were with IREX.
• 1:56
  Speaker 2: And the reason I can say that is we have
• 1:58
  Speaker 2: identified exit exactly what is the work we are doing
• 2:02
  Speaker 2: in both Wellington and Pickton. The ports have agreed with
• 2:05
  Speaker 2: that work. And therefore one of IREX's issues was we're
• 2:12
  Speaker 2: going to put a temporary wolf here. Oh, we'll need
• 2:14
  Speaker 2: to do this in roading and we'll have to shift
• 2:17
  Speaker 2: the rail yard here and there and so forth in
• 2:20
  Speaker 2: this project because we're using a maximum reuse. We don't
• 2:25
  Speaker 2: have to shift railway yards, we don't have to shift roading.
• 2:29
  Speaker 2: All we are doing is building the structure for the
• 2:32
  Speaker 2: wharves that the vessels will come in the existing rail
• 2:36
  Speaker 2: yards and Pickton and Wellington will need to be just
• 2:40
  Speaker 2: tweaked where they connect with the new vessels, and apart
• 2:43
  Speaker 2: from that, we're not diverging from that at all. So
• 2:47
  Speaker 2: we have a set engineering project in both Wellington and
• 2:53
  Speaker 2: Picton and as a board we are not going to
• 2:56
  Speaker 2: deviate from that. Yes, there'll be people who say, oh,
• 3:00
  Speaker 2: if we put this over here, we could do such
• 3:02
  Speaker 2: and such. We are not going down that track. We
• 3:05
  Speaker 2: are going exactly as the plans that were in that
• 3:08
  Speaker 2: release yesterday and nothing else.
• 3:11
  Speaker 1: Chris appreciate it and hopefully we will see this thing
• 3:14
  Speaker 1: getting off the ground soon. The Faery's not coming till
• 3:16
  Speaker 1: twenty twenty nine. Chris McKenzie, Chair of Ferry Holdings Limited.
• 3:20
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• 3:23
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• 3:26
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