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November 17, 2005

VIPA Denies New Ferry Company Fee Waivers

The St. Thomas Source is reporting:

Nov. 16, 2005 -- The V.I. Port Authority Board on Wednesday denied the Island Lynx's request to waive almost all local marine tariffs for the operation of its fast ferry service.

The waivers would have allowed the company to avoid pay pilot or wharfage fees, as well as ship dues, at VIPA owned boat terminals.

"The waivers are being sought to reduce the operating costs of the proposed ferry service during the critical start-up period and initial years of operation," R.C. Siebengartner, the company's manager, wrote to VIPA in early October.

Island Lynx, a new year-round, high speed, inter-island ferry, is scheduled to start service between the territory, Vieques, and Tortola in December--replacing the V.I. Fast Ferry Salacia, which has been whisking residents between St. Thomas and St. Croix for the past six seasons. Boston Harbor Cruises, Salacia's parent company, said they would temporarily pull their operation out of the territory, as Island Lynx could prove to be financially damaging competition.

Posted by afinta at November 17, 2005 08:48 AM

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