bcferries – Page 2 – Pacific Maritime Magazine

06 Sep

BC Ferries: Traffic, Revenue Up During 2nd Quarter

Karen Robes MeeksNews, News Briefs, PMM Online Newsbcferries, passengerferries, revenue

BC Ferries’ traffic, revenue, net earnings and expenses were up over the three-month period that ended June 30, the agency announced Aug. 18. During that time, according to company data, passenger traffic surged 74% and vehicle traffic rose 42% from the same time in 2021. “This quarter marked the highest ever first quarter for vehicle traffic,” the agency said. Meanwhile, revenues for the most recent quarter swelled to $35.7 million when compared from the same time last year due mainly to heightened traffic numbers and net retail sales and offset in part by lower applied Safe Restart Funding, the agency…

01 Jul

New BC Ferries Board Chair Appointed

Pacific Maritime MagazineNews, News Briefs, PMM Online Newsbcferries, boardofdirectors

Joy MacPhail is the new chair of the Board of Directors for British Columbia Ferry Services Inc., or BC Ferries, it was announced Thursday, June 30. MacPhail takes the reins from outgoing Board Chair Brenda Eaton, whose term ended June 23. “The BC Ferries Board thanks Ms. Eaton for her commitment and valuable service as chair and board member,” the ferry services company said in a statement. “Her leadership and strategic direction, particularly during the global pandemic, has helped the company emerge from the challenge well positioned to serve the public interest.” MacPhail previously served as chair of the Insurance…

28 Jun

COVID-19 Impacted BC Ferries, Year-End Results Show

Pacific Maritime MagazineNews, News Briefs, PMM Online Newsbcferries, covid

Traffic and revenue were up from the previous fiscal year for BC Ferries, but down from pre-COVID-19 pandemic levels, according to the British Columbia transportation agency, which released its year-end FY results Friday, June 24. For the 2022 fiscal year ending March 31, 37% more passengers (17.9 million) and 26% more vehicles (8.5 million) rode BC Ferries than the year before. However, passenger traffic was down 20% and vehicle traffic down 5% compared to the pre-pandemic 2019 fiscal year. Revenue was up 12% to $965.4 million, a $100.1 million increase, from the previous year due to higher traffic and net…

06 May

Prince Rupert Port Authority Honors Four Firms for Green Efforts

Karen Robes MeeksNews, News Briefs, PMM Online News, Terminal Operationsbcferries, cosco, greenwave, princerupert

Four companies were recently spotlighted by the Prince Rupert Port Authority for their 2021 performance in the port’s Green Wave environmental incentive program. COSCO Shipping Lines, MSC Mediterranean Shipping Company, Navigator Gas LLC and BC Ferries were among the companies honored for their efforts within the annual program, which since 2013 incentivizes shippers with reduced harbor fees who practice sustainability based on how their commercial vessels curb air emissions and underwater noise levels. One measurement into the program is RightShip’s Greenhouse Gas Emissions Rating, which assesses vessels on their efficiency. Last year, 28 vessel calls qualified for the program using…

19 Apr

BC Ferries’ New Island Class Vessels Run New Routes

Karen Robes MeeksNews, News Briefs, PMM Online Newsbcferries, ferryroutes, islandclass

BC Ferries recently welcomed new Gabriola-Nanaimo Harbour route commuters on its new Island Class vessels. The addition of the new vessels allows BC Ferries to bolster capacity and sailing frequency to support commuters and school children leaving Gabriola, according to the transportation agency. One vessel is scheduled to run an 18-hour service while a second vessel is to run at the busiest 12-hour time of the day, allowing for more passenger and vehicle capacity throughout the day. Each ferry can carry 47 vehicles, is battery-equipped to become fully electric in the future and outfitted with hybrid technology. Both also have…