Government is not operating in a vacuum. It already licenses and leases parts of the river and foreshore for sailing clubs, rowing, moorings and other established activities.
If the new ferry operation creates foreseeable risks to people, prevents existing activities from continuing, damages boats or infrastructure, or accelerates erosion requiring future repair, ordinary questions of duty of care, negligence, nuisance, liability and compensation potentially arise.
Any private operator proposing a project with those consequences would be expected to identify, mitigate and cost those risks before proceeding.
So where are those costs in the project assessment? Who pays if someone is injured, a club can no longer operate, a marina is damaged, or decades of additional foreshore works are required?
Ultimately much of that risk may fall back on the taxpayer. It should therefore be identified, quantified where possible, and included in the business case rather than left as somebody else’s problem for later.