Decommissioning and Fate
After being decommissioned in 2005, there was talk of converting her into a floating hostel. However, during a 2004 inspection, corrosion of the ship's structure had been found to be too serious for her to stay afloat in the long term without very costly maintenance. Enthusiasts at the Bay of Islands Canterbury Charitable Trust proposed the idea of scuttling her as a dive wreck at Deep Water Cove in the Bay of Islands. The New Zealand Navy ships Tui and Waikato are already lying on the ground off the Tutukaka Coast, while the Greenpeace ship Rainbow Warrior was scuttled off Matauri Bay. It is hoped that the wreck, in addition to becoming an artificial reef enhancing biodiversity, will also provide additional options for the regions diving tourism. It is considered that removed scrap metal and equipment (such as ship's lockers or the propeller) will bring up to NZ$400,000 to offset the NZ$650,000 costs of cleaning up and scuttling her, while the worth to the local economy could be in the millions. The ship itself had been sold to the trust for a symbolic NZ$1. The turret of the frigate was removed and is to become part of the exhibits at a planned new navy museum in Auckland.
Read more about this topic: HMNZS Canterbury (F421)
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