Harbour ferry service sold

Last updated 05:00 05/02/2014

Relevant offers

Small Business

Xero boss Rod Drury hosting new conference for company founders Venture Up youth accelerator heading to Auckland DIY makeup videos lead to global recognition for Taranaki woman Annalee Muggeridge Eketahuna pub company ordered to pay $32,000 to former staff members Cleaning product company The Green Stuff listed for sale with $1 reserve Hawke's Bay the perfect place to base Kiwigarden business Good Grazing snack box delivery business is 'My Food Bag of snacks' Papakura Configure Express members claim refund demands going unanswered Nelson bar named best Guinness pub in South Island Queenstown boutique Goddess closes as rent rises push small businesses out

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?



In some areas yes, others no

Vote Result

Featured Promotions

Sponsored Content