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Showing posts with label Superferry. Show all posts
Showing posts with label Superferry. Show all posts
Wednesday, March 07, 2012
Thursday, October 21, 2010
HAWAI`I SUPERFERRY SOLD TO U.S. MARITIME ADMINISTRATION

The two former Hawai‘i Superferry vessels were acquired by the US Maritime Administration in a credit bid at an auction in Norfolk, Virginia, last month.
The Maritime Administration bid on the catamarans using the original $150 million guarantee that the federal government had already spent on the boats, according to a Maritime Administration spokesperson.
Hawai‘i Superferry shut down its interisland service in March 2009 after the Hawai‘i Supreme Court ruled that a state law exempting the Superferry from completing an environmental impact statement was unconstitutional.

The two former Hawai‘i Superferry vessels were acquired by the US Maritime Administration in a credit bid at an auction in Norfolk, Virginia, last month.
The Maritime Administration bid on the catamarans using the original $150 million guarantee that the federal government had already spent on the boats, according to a Maritime Administration spokesperson.
Hawai‘i Superferry shut down its interisland service in March 2009 after the Hawai‘i Supreme Court ruled that a state law exempting the Superferry from completing an environmental impact statement was unconstitutional.
Tuesday, June 29, 2010
SUPERFERRY COSTS TO BE PAID BY HARBOR USERS
Pacific Business News - June 25, 2010
The defunct Hawai`i Superferry will pay the state of Hawai`i about $676,000 under a settlement reached recently in bankruptcy court, about half of what is owed in rent and other fees.
But not included in the settlement is the nearly $40 million in harbor improvements that the state made to accommodate the Superferry.
The outstanding balance on the $40 million that was appropriated from general obligation bonds is $39.7 million and that will be paid by users of Hawai`i’s harbors, said Brennon Morioka, director of the state Department of Transportation....
Pacific Business News - June 25, 2010
The defunct Hawai`i Superferry will pay the state of Hawai`i about $676,000 under a settlement reached recently in bankruptcy court, about half of what is owed in rent and other fees.
But not included in the settlement is the nearly $40 million in harbor improvements that the state made to accommodate the Superferry.
The outstanding balance on the $40 million that was appropriated from general obligation bonds is $39.7 million and that will be paid by users of Hawai`i’s harbors, said Brennon Morioka, director of the state Department of Transportation....
Labels:
Aloha,
Hawaii,
Science and Environment Free Hawaii,
Superferry
Tuesday, April 20, 2010
HAWAI`I SUPERFERRY STUDY SINKS
Maui News - April 7, 2010
HONOLULU - The Hawai`i Senate sunk an idea Tuesday that would have studied the creation of a state-sponsored ferry service between the islands.
After the failure of the short-lived Hawai`i Superferry, senators weren't eager to try again. The full Senate killed the bill on a 17-8 vote....
...Senator Sam Slom said a government ferry service wouldn't stand a chance of succeeding after the privately run Superferry went bankrupt a year ago....
...The Hawai`i Superferry, the state's first interisland car and passenger service, shut down last year after the state Supreme Court ruled the company couldn't operate until an environmental review was completed. Without revenues, the Superferry said the expenses of maintaining its two vessels forced the company into bankruptcy....
Maui News - April 7, 2010
HONOLULU - The Hawai`i Senate sunk an idea Tuesday that would have studied the creation of a state-sponsored ferry service between the islands.
After the failure of the short-lived Hawai`i Superferry, senators weren't eager to try again. The full Senate killed the bill on a 17-8 vote....
...Senator Sam Slom said a government ferry service wouldn't stand a chance of succeeding after the privately run Superferry went bankrupt a year ago....
...The Hawai`i Superferry, the state's first interisland car and passenger service, shut down last year after the state Supreme Court ruled the company couldn't operate until an environmental review was completed. Without revenues, the Superferry said the expenses of maintaining its two vessels forced the company into bankruptcy....
Thursday, February 11, 2010
Wednesday, June 10, 2009
FREEHAWAII.INFO PRESENTS
FREE HAWAI`I TV
THE FREE HAWAI`I BROADCASTING NETWORK
"LEFT HOLDING THE BAG"
Hard Times In Hawai`i Means Workers Furloughed.
The Recent Superferry Bankruptcy Means Investors Walk Away Debt Free.
What's Going On? Is There A Connection Between The Two?
Watch & Find Out.
FREE HAWAI`I TV
THE FREE HAWAI`I BROADCASTING NETWORK
"LEFT HOLDING THE BAG"
Hard Times In Hawai`i Means Workers Furloughed.
The Recent Superferry Bankruptcy Means Investors Walk Away Debt Free.
What's Going On? Is There A Connection Between The Two?
Watch & Find Out.
Labels:
Aloha,
Bankruptcy,
Debt,
Economy,
Free Hawaii TV,
Koani Foundation,
Linda Lingle,
Recession,
Superferry
Saturday, May 30, 2009
BULLETIN! - SUPERFERRY FILES FOR BANKRUPTCY
Hawai`i Superferry Inc., which provided high-speed ferry service for cars and passengers between Hawai`i’s O`ahu and Maui islands, filed for bankruptcy protection today.
Hawai`i Superferry and parent HSF Holding Inc. filed Chapter 11 bankruptcy petitions in Wilmington, Delaware. They cited a Hawai`i Supreme Court ruling in March that struck down a state law permitting the company to operate before completing an environmental impact statement.
Hawai`i Superferry Inc., which provided high-speed ferry service for cars and passengers between Hawai`i’s O`ahu and Maui islands, filed for bankruptcy protection today.
Hawai`i Superferry and parent HSF Holding Inc. filed Chapter 11 bankruptcy petitions in Wilmington, Delaware. They cited a Hawai`i Supreme Court ruling in March that struck down a state law permitting the company to operate before completing an environmental impact statement.
Saturday, May 16, 2009
SUPERFERRY ON SALE - LITERALLY
You Could Own A Piece Of The "Crock"

Honolulu Advertiser - Friday, May 15, 2009
Souvenir hounds and bargain hunters will get a chance to bid on remnants of Hawai`i Superferry's short-lived and contentious operations at auctions to be held on Maui and O`ahu.
Everything from restroom trailers, portable offices, traffic cones, light towers, office furniture, Superferry shirts and shoe scrubbers will go on the auction block at 10 AM tomorrow at the former ferry terminal at Kahului Harbor, located at Pu`unene and Ka`ahumanu avenues.
The O`ahu auction will take place 10 AM, May 23, at Honolulu Harbor Piers 19 and 20.
"It is clear that it is going to take an extended period of time to set the conditions for any future operations in Hawai`i, for example, completing another (environmental impact statement), and, hence, the logic to auction off equipment," said Hawai`i Superferry president and chief executive officer Thomas Fargo in an e-mail.
Too Bad They Didn't Think Of That First
You Could Own A Piece Of The "Crock"

Honolulu Advertiser - Friday, May 15, 2009
Souvenir hounds and bargain hunters will get a chance to bid on remnants of Hawai`i Superferry's short-lived and contentious operations at auctions to be held on Maui and O`ahu.
Everything from restroom trailers, portable offices, traffic cones, light towers, office furniture, Superferry shirts and shoe scrubbers will go on the auction block at 10 AM tomorrow at the former ferry terminal at Kahului Harbor, located at Pu`unene and Ka`ahumanu avenues.
The O`ahu auction will take place 10 AM, May 23, at Honolulu Harbor Piers 19 and 20.
"It is clear that it is going to take an extended period of time to set the conditions for any future operations in Hawai`i, for example, completing another (environmental impact statement), and, hence, the logic to auction off equipment," said Hawai`i Superferry president and chief executive officer Thomas Fargo in an e-mail.
Too Bad They Didn't Think Of That First
Saturday, April 25, 2009
SUPERFERRY JUMPS SHIP ON RENT

Waterfront Partners sued Hawai`i Superferry in Circuit Court yesterday, alleging the Superferry has failed to pay $51,310 in rent on its leased headquarters at One Waterfront Plaza.
The landlord alleges the Superferry stopped making lease payments on March 20, the day after Superferry ceased operations in Hawai`i because of a state Supreme Court ruling.

Waterfront Partners sued Hawai`i Superferry in Circuit Court yesterday, alleging the Superferry has failed to pay $51,310 in rent on its leased headquarters at One Waterfront Plaza.
The landlord alleges the Superferry stopped making lease payments on March 20, the day after Superferry ceased operations in Hawai`i because of a state Supreme Court ruling.
Thursday, April 16, 2009
HAWAI`I TO TAXPAYERS -
$40 MILLION FOR SUPERFERRY, PLEASE

Hawai`i taxpayers could end up paying for most of the $40 million in harbor improvements carried out to accommodate Hawai`i Superferry, which removed its ship, the Alakai, from Hawaiian waters on March 28.
Read More Here
$40 MILLION FOR SUPERFERRY, PLEASE

Hawai`i taxpayers could end up paying for most of the $40 million in harbor improvements carried out to accommodate Hawai`i Superferry, which removed its ship, the Alakai, from Hawaiian waters on March 28.
Read More Here
Friday, April 03, 2009
NEW YORK TIMES SUPPORTS FREE HAWAI`I TV SUPERFERRY REPORT
New York Times - March 21, 2009
We’re going to have to go out and find other employment for Alakai,” said the president of Hawai`i Superferry, Thomas B. Fargo, a retired Navy admiral who once commanded American forces in the Pacific. “Certainly the military may very well want to lease this particular ship....”
A shipbuilding analyst in Florida, Tim Colton, said the company’s owner and chairman, John F. Lehman, a former Navy secretary, was well positioned to lease the Alakai and a just-finished sister ship to the Navy....
State Representative Hermina M. Morita, a Democrat and chairwoman of the Committee on Energy and Environmental Protection, said she never thought either ferry would be profitable.
“You look at the players involved,” Ms. Morita said. “You have to question their motives....”
Read The Rest Here
New York Times - March 21, 2009
We’re going to have to go out and find other employment for Alakai,” said the president of Hawai`i Superferry, Thomas B. Fargo, a retired Navy admiral who once commanded American forces in the Pacific. “Certainly the military may very well want to lease this particular ship....”
A shipbuilding analyst in Florida, Tim Colton, said the company’s owner and chairman, John F. Lehman, a former Navy secretary, was well positioned to lease the Alakai and a just-finished sister ship to the Navy....
State Representative Hermina M. Morita, a Democrat and chairwoman of the Committee on Energy and Environmental Protection, said she never thought either ferry would be profitable.
“You look at the players involved,” Ms. Morita said. “You have to question their motives....”
Read The Rest Here
Labels:
Free Hawaii TV,
New York Times,
Superferry,
US Military
Wednesday, April 01, 2009
FREEHAWAII.INFO PRESENTS
FREE HAWAI`I TV
THE FREE HAWAI`I BROADCASTING NETWORK
"WHY THEY DID IT - SUPERFERRY'S SECRET PLAN"
If You Thought The Superferry Never Made Sense You Weren't Alone.
So What Were They Really Up To?
See Their Secret Plan Here & Why They Cut & Ran.
The Answers Will Surprise You.
FREE HAWAI`I TV
THE FREE HAWAI`I BROADCASTING NETWORK
"WHY THEY DID IT - SUPERFERRY'S SECRET PLAN"
If You Thought The Superferry Never Made Sense You Weren't Alone.
So What Were They Really Up To?
See Their Secret Plan Here & Why They Cut & Ran.
The Answers Will Surprise You.
Friday, March 27, 2009
THE NATION EXPOSES HAWAI`I SUPERFERRY
March 24, 2009
In the latest turn of events in Hawai`i's impressive grassroots uprising against a huge corporate-military boondoggle, the state's Supreme Court has ruled unanimously (5-0) that the Hawai`i Superferry has no legal authority to continue its operations in the state, at least for the time being....
And yet, after last week's court ruling, the Superferry company showed surprisingly little desire to fight, quickly announced it would suspend all Hawai`i service within three days and did.
This struck some observers as out of character for such an aggressive, self-important outfit, and raised new questions about the company's and Lehman's intentions: What's up now? Could it be the company actually wanted to get out?
Does this confirm that the Hawai`i adventure was really only a demo for bigger military options, as many suggest?...
Read The Full Story Here
March 24, 2009
In the latest turn of events in Hawai`i's impressive grassroots uprising against a huge corporate-military boondoggle, the state's Supreme Court has ruled unanimously (5-0) that the Hawai`i Superferry has no legal authority to continue its operations in the state, at least for the time being....
And yet, after last week's court ruling, the Superferry company showed surprisingly little desire to fight, quickly announced it would suspend all Hawai`i service within three days and did.
This struck some observers as out of character for such an aggressive, self-important outfit, and raised new questions about the company's and Lehman's intentions: What's up now? Could it be the company actually wanted to get out?
Does this confirm that the Hawai`i adventure was really only a demo for bigger military options, as many suggest?...
Read The Full Story Here
Labels:
Free Hawaii,
Linda Lingle,
Superferry,
The Nation,
US Military
Wednesday, March 25, 2009
FREEHAWAII.INFO PRESENTS
FREE HAWAI`I TV
THE FREE HAWAI`I BROADCASTING NETWORK
"SUPERFERRY BLAME GAME"
Who's To Blame For The Sinking Of The Superferry?
Who Are The Winners & Losers?
What's The One Way The Superferry Could Have Sailed To Success In Hawai`i?
Find Out Here.
FREE HAWAI`I TV
THE FREE HAWAI`I BROADCASTING NETWORK
"SUPERFERRY BLAME GAME"
Who's To Blame For The Sinking Of The Superferry?
Who Are The Winners & Losers?
What's The One Way The Superferry Could Have Sailed To Success In Hawai`i?
Find Out Here.
Labels:
Aloha,
Blame,
Broadcasting Network,
Business,
Environment,
Free Hawaii TV,
Koani Foundation,
People,
Profits,
Resources,
Superferry
Saturday, March 21, 2009
SUPERFERRY WINS IN COURT LOSS
Superferry Chronicle Authors Paik & Mander Explain Why
...the cushy federal loan guarantee for $140 million issued by the U.S. Maritime Administration, leaves the departing company in much better financial shape than if they were to continue in Hawai`i, running at a loss.
But the biggest coup of all for the Superferry corporation is that it got what it needed out of the deal: to prove the boat’s seaworthiness as a demo model in competition to build the Navy’s Joint High-Speed Vessel (JHSV).
Austal USA, an investor in Superferry as well as its builder, won the contract worth $1.6 billion last September to build ten JHSVs.
That’s why conducting an EIS has been anathema to Superferry from the very start.
Doing so would have kept the boat out of the water, and unable to prove itself against Austal USA’s competitors for the lucrative Navy contract....
READ THE ENTIRE STORY HERE
Superferry Chronicle Authors Paik & Mander Explain Why
...the cushy federal loan guarantee for $140 million issued by the U.S. Maritime Administration, leaves the departing company in much better financial shape than if they were to continue in Hawai`i, running at a loss.
But the biggest coup of all for the Superferry corporation is that it got what it needed out of the deal: to prove the boat’s seaworthiness as a demo model in competition to build the Navy’s Joint High-Speed Vessel (JHSV).
Austal USA, an investor in Superferry as well as its builder, won the contract worth $1.6 billion last September to build ten JHSVs.
That’s why conducting an EIS has been anathema to Superferry from the very start.
Doing so would have kept the boat out of the water, and unable to prove itself against Austal USA’s competitors for the lucrative Navy contract....
READ THE ENTIRE STORY HERE
Tuesday, March 17, 2009
HAWAI`I COURT SINKS SUPERFERRY
SHIP TO CEASE OPERATING THURSDAY
The Hawai`i Superferry said it will cease operations on Thursday following a ruling today by the Hawai`i Supreme Court that went against the inter-island ferry service.
The Hawai`i Supreme Court ruled yesterday that a state law allowing the Superferry to operate without a complete environmental impact statement is unconstitutional....
...State Senator J. Kalani English said the Superferry could have avoided the situation if it agreed to an environmental impact statement at the start of the process.
"It goes back to what we said from the beginning. We told the Superferry, `Simply follow the law,' " he said. "If they did that, none of this would have happened."
Full Details Here
SHIP TO CEASE OPERATING THURSDAY
The Hawai`i Superferry said it will cease operations on Thursday following a ruling today by the Hawai`i Supreme Court that went against the inter-island ferry service.
The Hawai`i Supreme Court ruled yesterday that a state law allowing the Superferry to operate without a complete environmental impact statement is unconstitutional....
...State Senator J. Kalani English said the Superferry could have avoided the situation if it agreed to an environmental impact statement at the start of the process.
"It goes back to what we said from the beginning. We told the Superferry, `Simply follow the law,' " he said. "If they did that, none of this would have happened."
Full Details Here
Monday, March 16, 2009
BULLETIN!
HAWAI`I STATE SUPREME COURT RULES AGAINST SUPERFERRY
The state Supreme Court ruled today that the state law allowing the Hawai`i Superferry to operate while an environmental impact statement was conducted is unconstitutional.
The court sent the case back to Circuit Court, leaving the fate of the Superferry’s service in question.
Full Story Here
HAWAI`I STATE SUPREME COURT RULES AGAINST SUPERFERRY
The state Supreme Court ruled today that the state law allowing the Hawai`i Superferry to operate while an environmental impact statement was conducted is unconstitutional.
The court sent the case back to Circuit Court, leaving the fate of the Superferry’s service in question.
Full Story Here
Thursday, March 12, 2009
HAWAI`I SUPERFERRY PROGRESS REPORT
Maui Time Weekly
After more than a full year of operation, it’s time to give the albatross of inter-island travel known as the Hawai`i Superferry a progress report.
Has the high-speed ferry service given indications it can be profitable in the long term?
Has there been justification for Gov. Linda Lingle leading the charge, with state legislators close behind, to rewrite the state’s environmental laws to allow Superferry to operate?
Has the entire state been taken for a choppy, 40 knots per hour, $45 million ride?
And is this the biggest boondoggle in state history?
Living up to expectations and promises: D-
Wise use of taxpayer’s money: F
Environmental sensitivity/protection: D
Government Integrity/accountability: D
Ease of travel and reliability: C
Economic feasibility: F
Maui Time Weekly
After more than a full year of operation, it’s time to give the albatross of inter-island travel known as the Hawai`i Superferry a progress report.
Has the high-speed ferry service given indications it can be profitable in the long term?
Has there been justification for Gov. Linda Lingle leading the charge, with state legislators close behind, to rewrite the state’s environmental laws to allow Superferry to operate?
Has the entire state been taken for a choppy, 40 knots per hour, $45 million ride?
And is this the biggest boondoggle in state history?
Living up to expectations and promises: D-
Wise use of taxpayer’s money: F
Environmental sensitivity/protection: D
Government Integrity/accountability: D
Ease of travel and reliability: C
Economic feasibility: F
Labels:
Environment,
Free Hawaii,
Progress Report,
Superferry
Saturday, March 07, 2009
SUPERFERRY'S HIDDEN DECLINING RIDERSHIP
In a recent report, for the 5 months of September '08 through January '09 the Superferry transported about 75,000 passengers, or an average of about 15,000 passengers per month.
This would be a 20 to 40% decline in ridership per month from the first 5 months after the last drydock to the second 5 months after the last drydock up through last month.
So far, this dramatic decline in demand for HSF's services over the past 5 months has not been reported in the media.
In a recent report, for the 5 months of September '08 through January '09 the Superferry transported about 75,000 passengers, or an average of about 15,000 passengers per month.
This would be a 20 to 40% decline in ridership per month from the first 5 months after the last drydock to the second 5 months after the last drydock up through last month.
So far, this dramatic decline in demand for HSF's services over the past 5 months has not been reported in the media.
Wednesday, February 18, 2009
HAWAI`I LAWMAKERS TO BREAK RULES FOR SUPERFERRY ONCE AGAIN
Lawmakers may give the Hawai`i Superferry more time to operate without an environmental impact statement.
Two measures moving through the Hawai`i Legislature would amend special legislation approved in 2007 that has allowed the Superferry to continue interisland operations.
The Hawai`i Department of Transportation was ordered by the Hawai`i Supreme Court to conduct an EIS on the ferry’s impact on state harbors.
Yet Governor Linda Lingle is calling for an extension until June 2010.
Lawmakers may give the Hawai`i Superferry more time to operate without an environmental impact statement.
Two measures moving through the Hawai`i Legislature would amend special legislation approved in 2007 that has allowed the Superferry to continue interisland operations.
The Hawai`i Department of Transportation was ordered by the Hawai`i Supreme Court to conduct an EIS on the ferry’s impact on state harbors.
Yet Governor Linda Lingle is calling for an extension until June 2010.
Labels:
Environmental Impact Statetment,
Free Hawaii,
Maui,
Superferry
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