High fuel prices threaten Canada’s ferry-based transit systems

(NORTH SYDNEY, Nova Scotia) — The high cost of fuel is threatening Canada’s ferry systems, which are the economic lifeline in many regions, the Christian Science Monitor newspaper reported. Surcharges of almost 30 percent are causing shipping costs to soar, and Newfoundland authorities say the extra expenses are hurting the provinces ability to attract commerce. Ferry service from Nova Scotia to Maine — which has continued for a half-century — may cease next year.
Click here to view the newspaper’s story.
By Professional Mariner Staff