Harbour ferry service sold

Last updated 05:00 05/02/2014

Relevant offers

Small Business

IRD file liquidation proceedings against company which owns north Taranaki pub A $210k tax debt behind the demise of a Taranaki pub Steve Wozniak, Sir Richard Branson award NZ's oDocs for mission to prevent blindness Wellington's SuchCrowd just the ticket for Melbourne entertainers Food crawl for struggling Havelock North businesses after gastro bug Rates cut and $200,000 business recovery package for gastro-hit Havelock North Easter Trading still not a level playing field, Wanaka retailer says Kiwi entertainers help run Italian 'fire festival' Seamstress took measures to leave New Plymouth, but decides to stay Half of SMEs jeopardising business with no online presence

Wellington's harbour ferry service has been sold to foreign owners.

The East by West Wellington Harbour ferry service has been bought by Chinese couple Jin Jun and Xuying Qiao.

Managing director Jeremy Ward said the couple, who have tourism interests in China, plan to immigrate to New Zealand and wanted to add a third ferry to the 25-year-old company's fleet.

"They have plans to build a third ferry in coming years to increase frequency on the Seatoun and Days Bay services."

As part of the deal Ward will continue to manage the business for at least two years.

Ad Feedback

- The Dominion Post

Special offers
Opinion poll

Do you feel better off than at this time last year?

Yes

No

In some areas yes, others no

Vote Result

Featured Promotions

Sponsored Content