Ferries to be sold at a loss to B.C.
VANCOUVER, B.C – British Columbia’s New Democrat government is preparing to sell off three catamaran ferries that were purchased at a total cost of $460 million.
One of the ferries, the PacifiCat Voyager, is being shrouded under sheets of white plastic at a refit dock near the mouth of the Fraser River, in preparation for sale on the international market.
The other two ferries are still in service between the Lower Mainland and Vancouver Island. Since the ferries were purchased, in 1999, they have been in and out of service and have caused commercial and commuter delays. The so-called “fast cats” were unable to carry trucks and caused an array of scheduling headaches.
The government expects to sell the ferries at a loss, for $40 million each. n
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