Huge Announcement from Island Ferries

Island Ferry Services Ltd made a huge announcement today regarding the passenger only Ferry coming to Nanaimo. The quote below is from the Facebook announcement post.

“Following numerous exchanges of proposals and direct negotiations, we are pleased to report that those negotiations have concluded. And that Island Ferries has secured an Offer to Lease that –
is financially sustainable for the long term,

  • keeps fares affordable and competitive for our customers,
  • is consistent with and accommodates the needs of the broader community, and
  • is acceptable to our investors and shareholders.”