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FERRY OPERATING COSTS
King County’s water taxis faced low fare cost recovery in 2023; two routes connect Vashon Island and West Seattle to downtown SeattleAmerican passenger-only ferries play a crucial role in alleviating traffic congestion and offering a unique commuting option in urban areas...- Maine’s state ferries need about $15.8 million a year to run, while fares can cover only half; state law treats the boats as the only vehicle link to six islandsLinking six island communities with the mainland, the Maine State Ferry Service offers essential transportation for locals. Projected opera...
- China-Europe rail and India’s long road to EurasiaIndia is focusing on connectivity initiatives such as the International North-South Transport Corridor and the IMEC. Geopolitical tensions ...
- Alaska ferry fares covered just 31% of operating costs over 10 years, while the state put in $82.6 million a year to keep coastal communities connectedAlaska's ferry system serves as a lifeline for 28 isolated communities, offering the only reliable transportation year-round. Currently, ti...
- NYC Ferry carried 7.4 million passenger trips in FY2025, while the city subsidised each trip by an average of $8.33 across six routes serving all five boroughsNew York City's ferry service has seen significant growth, now serving around 7.4 million passengers. To keep fares affordable amidst incre...
- North Carolina collected about $2 million in ferry fares but spent $1.4 million collecting them; a new state law requires tolls on all ferry routesThe ferry system in North Carolina is vital for community connectivity and goods transportation, but it is currently facing significant fin...
- Bet Dwarka Corridor: Underwater darshan, 108-foot Krishna statue, how Gujarat plans to transform Krishna's landGujarat's proposed Bet Dwarka corridor aims to improve pilgrimage facilities and tourism infrastructure around the island associated with L...
- Ralph Lauren ties executive payouts to AI in sign of retail's shifting prioritiesRalph Lauren has replaced its sustainability metric with AI metrics in its executive incentive plan for the year 2026. This change follows ...
- Hidden cost of travel: Visa fees, card markups, optional tours and tips that can add 25-40% to budget; here's how to plan for themMany travelers fail to account for hidden costs while planning international journeys, often only considering major expenses. These overloo...
- Defence stocks: Time to change strategy in a bearish market? An ecosystem with down and upside potential of -39% to plus 37%The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is aff...
- A ferry has crossed the Connecticut River at Rocky Hill since 1655; the state still runs it eight months a year, a three-car barge pushed across by a diesel towboatThe Rocky Hill–Glastonbury Ferry holds the title of the oldest continuously operating ferry in the U.S., dating back to 1655. This unique f...
- New York’s Staten Island Ferry runs 5.2 miles across the harbor for free, 24 hours a day; the 25-minute ride carries well over 16 million passengers a yearExperience the charm of New York City with a complimentary ride on the Staten Island Ferry, a beloved tradition spanning nearly thirty year...
- In 1875, engineers opened a funicular beneath Istanbul’s steep waterfront slope; the Tünel still operates more than 150 years laterIstanbul's Tünel, which has been in operation since 1875, stands as a testament to enduring urban transit systems. This historic funicular,...
- In 1976, New York suspended a tram over the East River because another subway tunnel was too expensive; the Roosevelt Island Tram still links the island to ManhattanConstructed in 1976, New York City's Roosevelt Island Tramway began as a temporary fix meant to serve until a new subway line was completed...
- Dubai, Abu Dhabi residents return to a new normal: ‘Neither war, nor peace’Six months into the Iran war, the UAE’s post-pandemic boom is facing its biggest test. Tourism, aviation, property and trade have taken a h...
- Meet 22-year-old Malone Lam, the crypto thief who used the alias 'Anne Hathaway'. He spent $245 million in stolen crypto on jets, supercars and clubsMalone Lam, a young man from Singapore, confessed to orchestrating a significant cryptocurrency theft ring that illicitly acquired and laun...
- Scientists still take Antarctic data out in 'suitcases full of hard drives'. Chile now plans a 4,100-km undersea cable to change thatA recent study conducted in Chile reveals that establishing a subsea fiber-optic cable to Antarctica is indeed feasible from a technical st...
- GRSE begins building 13 all-weather hybrid ferries for Kolkata’s Hooghly routeGarden Reach Shipbuilders & Engineers (GRSE) has commenced construction of 13 hybrid ferries for West Bengal, set to revolutionize Kolkata'...
- Centre for 7-year exclusivity for Ro-Ro ferry servicesThe Ro-Ro and Ro-Pax terminals are to be developed and operated at major ports and non-major ports through private participation.
- Gujarat in cruise control to bridge gulflIntends to shorten travel time on sea by linking up several cities via ferry network.
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