Kelsian Group Delays Launch of New South Australia Ferry Service

MT Newswires Live
2025/10/03

Kelsian Group (ASX:KLS) said that a new Kangaroo Island ferry service, to be provided under contract with the South Australia's Department for Infrastructure and Transport, using two new larger vessels will now start from June 1, 2026, due to delays to the vessel delivery dates as well as to minimize the risk of disruption to customers from transition and mobilization activities, according to a Friday Australian bourse filing.

It will offer discounted vehicle fares on specified departures for Kangaroo Island residents from November until the introduction of the new ferries, per the filing. From June 1, 2026, to Dec. 31, 2026, the firm will hold fares offered for livestock freight travel at the current price.

The firm's shares advanced nearly 1% in recent trading on Friday.

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