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Kelsian Secures NZ$101 Million Auckland Ferry Contracts with Belaire Acquisition

8:19am on Thursday 2nd of July, 2026 AEST Transportation
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Kelsian Secures NZ$101 Million Auckland Ferry Contracts with Belaire Acquisition

8:19am on Thursday 2nd of July, 2026 AEST
Key Points
  • Awarded NZ$101 million Western Package Ferry Contracts in Auckland
  • Seven-year term starting July 2027 with revenue indexation
  • Acquisition of Belaire Ferries for NZ$8.9 million
  • Commitment to procure five new ferries at NZ$38 million capital cost
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