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flag New Zealand cancels funding for Interislander ferry project with Korean firm HMD.

flag The New Zealand government canceled funding for the Interislander ferry project, which involved new rail-enabled ferries from Korean company HMD. flag The decision, made on December 11 and announced publicly on December 13, followed a rejection of KiwiRail's funding request due to cost increases. flag New Zealand's Ambassador to Korea informed officials via text shortly before the public announcement, despite prior guidance to communicate cautiously. flag Further details were withheld to protect diplomatic relations.

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