Posted by Free Hawai`i on October 29, 2008 at 3:56pm
Sound Financial Position Or Sinking Ship?Pacific Business News reports citing an “uncertain economic climate,” Hawai`i Superferry said Tuesday it is postponing planned service of a second ship to the Big Island.Superferry President and CEO Tom Fargo said the one-year delay will defer more than $10 million in startup costs and allow the company to “maintain our sound financial position.”
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