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quote:NY mayor says fast ferry can't support itselfNovember 3, 2005Rochester, NY mayor says it was wrong to promise that a high-speed ferry on Lake Ontario would generate enough revenue to support itself. Mayor William Johnson now concedes the ferry project needs an infusion of new capital. The five-storey-tall ship that sails between Rochester and Toronto has been hampered by problems since its introduction to western New York last year. Its maiden run last year was postponed for six weeks after it sideswiped a pier in New York City. After one (m) million dollars U-S in repairs, the ferry then sailed for just 80 days before it was crippled by debt and shut down. The city of Rochester bought the ferry for 32 (m) million U-S in February and hired Bay Ferries to run it. The vessel was projected to lose around 700-thousand dollars (U-S) in operating costs this year. Start-up expenses alone ate up 2 million.Marinelink
Rochester, NY mayor says it was wrong to promise that a high-speed ferry on Lake Ontario would generate enough revenue to support itself. Mayor William Johnson now concedes the ferry project needs an infusion of new capital. The five-storey-tall ship that sails between Rochester and Toronto has been hampered by problems since its introduction to western New York last year. Its maiden run last year was postponed for six weeks after it sideswiped a pier in New York City. After one (m) million dollars U-S in repairs, the ferry then sailed for just 80 days before it was crippled by debt and shut down. The city of Rochester bought the ferry for 32 (m) million U-S in February and hired Bay Ferries to run it. The vessel was projected to lose around 700-thousand dollars (U-S) in operating costs this year. Start-up expenses alone ate up 2 million.
Marinelink
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Cheers
[ 11-03-2005: Message edited by: bulbousbow ]
IIRC when it was purchased earlier this year, there was much scepticism as to whether the company operating it had the necessary expertise to keep the vessel in good running order.
Pam
This is the website for the ferry and this is the latest comment from the mayor on the ferry.
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