Will tourists and locals be able to ride Hawaii’s ferry once again?

22

The Hawaii Superferry launched in December 2007 and was forced to shut down in March 2009. It subsequently had to file for Chapter 11 bankruptcy with debts that included $135.8 million owed to MARAD which had provided construction financing guarantees. Now, the Aloha State is planning to spend US$500,000 on bringing the ferry back.


In the bankruptcy auction, MARAD bought both vessels for $25 million and in January 2012 transferred them to the navy.