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Tasmania's Bass Strait Ferry Overhaul Faces $493M Cost Blowout and Revised Timelines

The Devonport berth is now set for October 2026 completion, while Spirit of Tasmania IV prepares for its final fit-out in Hobart after delays.

A concept design of Berth 3 at the Port of Devonport which will be the permanent home of the new Spirit of Tasmania vessels. Picture supplied

Overview

  • The cost of the Devonport berth has surged to $493 million, up from an initial estimate of $90 million and a previous revision of $375 million.
  • The Tasmanian government has confirmed the berth's completion timeline for October 2026, ensuring readiness for the 2026/27 summer season.
  • Spirit of Tasmania IV will depart Scotland on or around May 26 for a six-to-eight week fit-out in Hobart, following stalled lease negotiations.
  • Spirit of Tasmania V, nearing completion in Finland, is scheduled for additional sea trials this month and expected to sail before November.
  • Harbour master approval confirms the new vessels can safely operate in Devonport's Mersey River, addressing prior logistical concerns.