Who we are

Ferry Holdings was incorporated in March 2025 and took responsibility for the Cook Strait Ferry Replacement Work Programme on 1 April 2025.

Ferry Holdings is listed on Schedule 4A of the Public Finance Act 1989 and is enabled by the Public Finance Act 1989 and the Crown Entities Act 2004.  

We are an independent, decision-making body, which operates within the parameters set for it by the Government and are transparent and publicly accountable for the decisions we make. 

Ferry Holdings is a small but expert organisation. We utilise appropriate technical, financial, and commercial expertise to deliver value for the taxpayer through providing an enduring solution for inter-island ferry services and landside assets.

The Minister for Rail, Minister of Finance, and Minister of Transport are the shareholding Ministers who will make the final major decisions on the ship procurement, as well as the final landside development funding and commercial arrangements with the ports and service delivery. Ferry Holdings’ Board reports to its shareholding Ministers.