BC FERRIES RELEASES
“These earnings allow us to continue our extensive fleet and asset renewal program to ensure the ongoing safety and reliability of our operations,” said BC Ferries’ President and CEO, David L. Hahn. “Our commitment to rebuilding our infrastructure is already showing positive results with two new ships added to the fleet last year and significant upgrades well underway at many of our terminals, including extensive modifications to prepare for the arrival of our three new Super C-class vessels entering service next year.”
For the six months ended
Despite the reduction in the deferred fuel cost accounts, BC Ferries continues to be concerned about the high cost of fuel. The company has implemented a wide variety of fuel reduction measures and is continuing to look for ways to further reduce its fuel consumption.
The full financial statements, including notes and Management’s Discussion and Analysis, are filed on SEDAR and will be available at www.sedar.com.