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AAP
AAP
Politics
Ethan James

Ferries drop in value in Spirit of Tasmania write-down

Spirit of Tasmania Bass Strait
The Spirit of Tasmania II has been in service for more than 20 years. (Ethan James/AAP PHOTOS)

Beleaguered Spirit of Tasmania operator TT-Line faces recouping less money than expected from the sale of its two soon-to-be-replaced old ferries.

The Tasmanian-government-owned company on Friday publicised its financial statement for 2025/26, showing a $646.9 million write-down of assets.

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