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Sealink Travel Group Secures Brisbane Ferry Services Contract

29 Jun 2020  |  08:20:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Brisbane Ferry Services Contract Awarded

Sealink Travel Group advised that RiverCity Ferries, one of its subsidiary companies, has been awarded the contract as the new operator of Brisbane City Council's iconic CityCat, CityHopper and Cross River Ferry networks following a competitive tender, securing Company's first marine public transport contract since acquiring Australia's privately owned metropolitan bus company, Transit Systems in January 2020. The contract is for the operation of the Brisbane River ferry services and the maintenance of the vessels and associated infrastructure. The total contract revenue over the initial ten-year term is estimated at $390m.

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