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Speaker 1: Got a little update on the ferries for you. Six

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Speaker 1: ship shipyards have been shortlisted and we'll be invited to

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Speaker 1: tender for the chance to build replacements. Chris mackenzie is

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Speaker 1: the chair of Ferry Holdings Limited. Now this is the

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Speaker 1: company that's doing the negotiations for us and he's with us. Hey, Chris,

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Speaker 1: last evening, can you name the six?

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Speaker 2: No is one of them? There are six shipyards and

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Speaker 2: the reason that I wouldn't name them is because the

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Speaker 2: other shipyards will try and do bidding, which you know

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Speaker 2: is not helpful to the process.

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Speaker 1: What do you What do you mean by that? What

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Speaker 1: harm is it?

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Speaker 2: That is, if someone for you used Hondo, if the

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Speaker 2: others know Hyndos there, they may very well have the attitude,

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Speaker 2: well why are we doing it? And so to be

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Speaker 2: fair to all of the shipyards that are shortlisted, we

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Speaker 2: are not naming any of.

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Speaker 1: Them because is that if Hyunda is one of the six,

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Speaker 1: then everybody will know that we're most likely to go

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Speaker 1: with Hiyundi so that we don't pay the break fee.

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Speaker 2: That's no. What I said is if Hiyondai was one

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Speaker 2: of the six and we made that public and we're

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Speaker 2: not making anything public, then the other shipyards would start

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Speaker 2: to question whether they were in with a chance, and

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Speaker 2: so we will not announce who the six are. We

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Speaker 2: will be announcing the successful shipyard further down the track.

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Speaker 1: Yeah, that's kind of what I was saying. But wouldn't

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Speaker 1: it be helpful to have the name Hyundai out there,

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Speaker 1: because then the other five will know that Hyundi probably

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Speaker 1: has the edge because we don't want to pay the

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Speaker 1: break fee, and so then they will really make good

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Speaker 1: effort and come in low with their price.

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Speaker 2: All right, I can tell you this with my hand

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Speaker 2: on the Bible. Hiondai will not be negotiating to break

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Speaker 2: free as part of the exercise Hyundai if they are

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Speaker 2: in the process a clean sheet like the other shipyards.

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Speaker 2: The break fee is being negotiated between q Rail and

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Speaker 2: the shipyard and has nothing to do with ferry holdings.

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Speaker 2: We will negotiate with the six shipyards, all of them

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Speaker 2: on the basis that they are all within with a chance,

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Speaker 2: and they will put together the package that they want

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Speaker 2: us to consider.

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Speaker 1: But Chris, you do realize that you have just confirmed

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Speaker 1: that Hayundi is part of it. I mean by confirming

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Speaker 1: that a break fee is being dealt with separately. You've

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Speaker 1: just confirmed that they're wanted the sick, haven't you.

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Speaker 2: No, it's not. What I'm saying is if Hyundai is

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Speaker 2: in the mix, the break fee will not enter into

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Speaker 2: our discussions because that is an issue between qu Rail

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Speaker 2: and Hyundai, and so that's completely outside the picture. The

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Speaker 2: shipyards are all entering into it with a clean sheet

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Speaker 2: of paper.

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Speaker 1: Hey, Chris, you're not doing the negotiations yourself, are you?

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Speaker 2: No, I'm not doing negotiation myself.

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Speaker 1: Okay.

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Speaker 2: Our board has gone through pages and pages of information

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Speaker 2: from the shipyards and we have now put together the

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Speaker 2: six and our ship's program director is now going to

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Speaker 2: visit those six shipyards.

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Speaker 1: Do you reckon? Right? So, if we're still at the

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Speaker 1: stage where we're just saying, hey, if you want to

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Speaker 1: be if you want to build us some ships, send

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Speaker 1: us in your quotes and stuff like that, we're at

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Speaker 1: that stage. We're halfway through twenty twenty five. Are we

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Speaker 1: really going to get boats by twenty twenty nine?

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Speaker 2: The six shipyards that are shortlisted have all undertaken to

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Speaker 2: have the ships here by twenty twenty nine.

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Speaker 1: Yeah, but my builders out the back told me that

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Speaker 1: I would have my deck built within three weeks and

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Speaker 1: it's been seven, So do we actually believe it?

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Speaker 2: With shipyards, they are reasonably accurate with their building timetables.

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Speaker 1: All right, Right, listen, Chris, thank you. I feel like

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Speaker 1: that was productive and I really enjoyed that very much.

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Speaker 1: That's Chris mackenzie, Faerry Holding's Limited chair. For more from

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Speaker 1: Heather Duplessy Allen Drive. Listen live to news Talks. It'd

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