http:\/\/www.starbulletin.com\/columnists\/20091120_Superferry_is_a_long_shot_to_return_to_island_waters.html<\/a><\/p>\nKOKUA LINE<\/p>\n
Superferry is a long shot to return to island waters<\/h2>\n
By June Watanabe<\/p>\n
POSTED: 01:30 a.m. HST, Nov 20, 2009<\/p>\n
QUESTION: Any chance of bringing back the two Hawaii Superferries now sitting at the dock in Norfolk, Va.? Think of all the loss of income, lure for tourists and interstate produce, goods and services that are now not producing potential income. What a waste.<\/p>\n
ANSWER: With Hawaii Superferry Inc. bankrupt and its vessels in possession of the U.S. Maritime Administration, it’s doubtful they’ll ever set sail in Hawaii again.<\/p>\n
Still, there is a glimmer of hope.<\/p>\n
The company owed the Maritime Administration, its main creditor, $136.8 million in loans when it filed for Chapter 11 bankruptcy last May, “abandoning” the vessels in bankruptcy court.<\/p>\n
The Alakai and Huakai arrived in Norfolk in July and have been awaiting their next calling since then.<\/p>\n
An official with the Maritime Administration in Washington, D.C., told Kokua Line yesterday that a decision has not yet been made.<\/p>\n
“We have possession but not full ownership of the vessels,” she said. However, the administration “will soon begin foreclosure proceedings” and after that will decide what to do with the ships.<\/p>\n
Is there any chance the Superferry will return to Hawaii waters?<\/p>\n
“We recognize the value that the ferries can provide Hawaii and are willing to work with transportation planners, providers and officials to advance proposals to use them in regular service” in Hawaii, the Maritime Administration official said.<\/p>\n","protected":false},"excerpt":{"rendered":"
While the Hawaii Superferry corporation is bankrupt, the Superferry concept itself may not be completely dead: “We recognize the value that the ferries can provide Hawaii and are willing to work with transportation planners, providers and officials to advance proposals to use them in regular service” in Hawaii, the Maritime Administration official said. Maka’ala. >><< … <\/p>\n
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