The Government has confirmed that Guangzhou Shipyard International (GSI) will construct two new inter-island ferries for New Zealand, marking a major milestone in the country’s maritime infrastructure renewal. The announcement was made today by Rail Minister Winston Peters , who said the deal represents a “no-nonsense” and cost-effective solution to replacing the nation’s ageing Cook Strait ferry fleet.

The procurement is being managed through Ferry Holdings Limited , a government-owned entity established to oversee the design, financing, and delivery of the new vessels.

China’s Leading Shipbuilder Chosen for Key National Project

“GSI is the largest modern integrated shipbuilding enterprise in Southern China, founded in 1954 and listed on both the Hong Kong and Shanghai stock exch

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