Bay of Plenty Times
  • Bay of Plenty Times home
  • Latest news
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Sport
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
  • Sport

Locations

  • Coromandel & Hauraki
  • Katikati
  • Tauranga
  • Mount Maunganui
  • Pāpāmoa
  • Te Puke
  • Whakatāne
  • Rotorua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Thames
  • Tauranga
  • Whakatāne
  • Rotorua

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Bay of Plenty Times

Rena report looks at global solution

Bay of Plenty Times
25 Sep, 2014 08:23 PM3 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

ONGOING: The debate about Rena wreck removal continues. PHOTO/FILE

ONGOING: The debate about Rena wreck removal continues. PHOTO/FILE

If full Rena wreck removal was put out to international tender then other solutions could be found which would prove less costly, according to a series of independent consultant reports.

International marine and engineering firm London Offshore Consultants (LOC) was asked by the Government to undertake a peer review of documents submitted by Rena's owner and insurers to support their resource consent application to leave most of the wreck on the reef.

LOC's reports were in the hands of ministers before the Government announced its decision to push for partial removal, having called for bits of the wreck above 30 metres to be removed.

Rena's owner also commissioned a report on the feasibility of removing all the wreck.

TMC Marine's report states the estimated cost was between $534 million and $687 million, in addition to the $377 million already spent but the figures should be regarded with a "degree of caution" due to uncertainties over the wreck's condition, the weather and contractors rates of pay.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Whereas LOC's consultant's reports estimate the cost at between $522 million and $668 million and suggest it would take a bit more than five years.

LOC's report says if there was an offer to put full removal out to international tender "then solutions would be offered that may prove to be less costly".

Hugo Shanahan, spokesman for Rena's owner and insurers, said the LOC's opinion report was a "desk-top review" without any engineering or cost analysis behind it.

Advertisement
Advertise with NZME.

"The owner's independent report was prepared by an author that has done just that, including having spent the time on site necessary to take account for the operating circumstances unique to Astrolabe Reef and the Rena."

Mr Shanahan said the LOC report acknowledged the wreck's owner and insurers' expert feasibility study was comprehensive.

Mr Shanahan said the difference between the two reports was the estimated cost per day - LOC's daily cost was $370,000 versus the owner's $337,000.

"So it would then come down to time and technique with the weather and marine conditions remaining the main variable under either scenario," he said.

Discover more

Rena oil clean up tool reviewed

16 Sep 12:21 AM

Rena recovery seminar draws crowd

22 Sep 10:39 PM

Rena removal easier than owners said - new reports

25 Sep 03:18 AM

Schools receiving Rena books

25 Sep 08:17 PM

Mr Shanahan said if the job went to international tender other solutions may be found, but the highly experienced salvage team had already "thrown everything but the kitchen sink" at the problem.

Rena breaking up, plus unique marine and weather conditions had "changed the playing field".

Nevan Lancaster, who headed the Tauranga Business Action Group against Rena's owners and insurers, said the report's findings vindicated what he had been saying since it grounded.

"Now we have a full report saying what I said two-and-half-years ago. All you need is a platform with a large crane on top to lift parts of it out of the water. Times that by about 200 and boom, you're done," he said.

A spokesperson for Attorney-General Chris Finlayson said Ministers and officials considered a range of environmental, cultural and economic evidence before pushing for partial removal.

Save

    Share this article

Latest from Bay of Plenty Times

Bay of Plenty Times

Earthquakes every six to seven minutes detected under Mt Ruapehu

08 Jul 10:48 PM
Bay of Plenty Times

No fuel spill detected as boat sinks in harbour

08 Jul 10:36 PM
Bay of Plenty Times

The secret sauce of the bar named NZ's best

08 Jul 10:00 PM

From early mornings to easy living

sponsored
Advertisement
Advertise with NZME.

Latest from Bay of Plenty Times

Earthquakes every six to seven minutes detected under Mt Ruapehu

Earthquakes every six to seven minutes detected under Mt Ruapehu

08 Jul 10:48 PM

Volcanic tremor remains low; Mt Ruapehu is at Volcanic Alert Level 1.

No fuel spill detected as boat sinks in harbour

No fuel spill detected as boat sinks in harbour

08 Jul 10:36 PM
The secret sauce of the bar named NZ's best

The secret sauce of the bar named NZ's best

08 Jul 10:00 PM
Cops claim Kiri Allan told police she wrote the law, grabbed shrubs during arrest

Cops claim Kiri Allan told police she wrote the law, grabbed shrubs during arrest

08 Jul 09:03 PM
Solar bat monitors uncover secrets of Auckland’s night sky
sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Bay of Plenty Times e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Bay of Plenty Times
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Bay of Plenty Times
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP