Regular Spirit replacement update

Spirit IV

The Tasmanian Government has received advice from TT-Line in relation to leasing opportunities for Spirit IV.

TT-Line has received an offer from a party and is considering a number of other proposals from interested parties.

TT-Line have now entered live commercial negotiations and will move to finalise terms and conditions prior to a decision being made.

TT-Line therefore require further time to complete these negotiations by the end of February.

The Government will then inform Tasmanians of the result.

The ship will remain in Leith while these negotiations are underway.

There are no changes to berthing or crewing costs. Crewing costs in Tasmania would be significantly higher due to differing domestic requirements, resulting in increased onboard crew numbers.

Ancillary services are accrued on a ‘do and charge’ basis and would be charged regardless of the location of the vessel. To date, total ancillary costs for December are approximately $250,106 and include one-off costs for entry of Spirit IV into Leith such as pilotage.

Estimated monthly spend for ancillary costs subsequent to this is approximately $30,000.