Government's iRex ferry cancellation costed at $300 million - for now
Documents reveal how much the government set aside after ministers ended a contract to build two new Interislanders.
Interislander ferries: Government's iRex break-fee costed at $300 million, documents reveal
New documents reveal the coalition has set aside $300 million to cover a break-fee with Hyundai, after the government ended a contract with the Korean company to build two new Interislander ferries.
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Interislander: How Labour's compromise over iReX ferry project led to $100m 'cost burn'
With an election looming, the iReX project also could not simply pause and start up again, with contractors engaged in work or held on standby for particular parts of the port build. While the ...
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Today's forecast: Partially cloudy skies on an "ultra-hot Neptune"
The research was conducted as part of the NEAT (NIRISS Exploration of Atmospheric Diversity of Transiting Exoplanets) Guaranteed Time Observation program, led by IREx’s David Lafrenière, an UdeM ...
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Ferry replacement to cost less than Labour's iRex - Christopher Luxon
The project to replace the Interislander ferry fleet, iRex, was cancelled by the Coalition in December after it declined KiwiRail's request for further funding. KiwiRail had requested an ...
Documents prove Nicola Willis too hasty in cancelling ferry contract – Editorial
Within months of unceremoniously scrapping the previous Government’s iRex project, Finance Minister Nicola Willis was advised by the crack team, set up by herself, to go back to try to salvage ...