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Hong Kong’s struggling Star Ferry is asking the government to let it hike fares by around 30 per cent. It is also proposing a pet-friendly service on its Wan Chai to Tsim Sha Tsui route.
The Star Ferry. File photo: Kyle Lam/HKFP.In a submission to the legislature by the Transport and Logistics Bureau, the iconic cross-harbour passenger service is hoping to raise ticket prices by 80 cents to HK$2 per trip.
Currently, it runs two franchised ferry services between Tsim Sha Tsui and Wan Chai, and Tsim Sha Tsui and Central. The proposal would see adult single weekday fares rise from HK$5 to HK$6.50 with weekend and public holiday fares rising from HK$6.50 to HK$8.50.
See also: A lack of imagination could sink Hong Kong’s decrepit Star Ferry – here’s how to fix it
The operator cited plans to replace the engines of its vessels in the latter half of this year – the cost of which is estimated to be HK$10 million per ship.
The Star Ferry. File photo: Kyle Lam/HKFP.It also cited vessel maintenance and repair costs, rising staff costs, fuel expenditure, interest payments from debt, pier operating costs, and losses exceeding HK$100 million between 2018 and 2023.
The government already assists with pier maintenance work and has waived vessel licence fees and reimbursed pier rental fees over the years.
Meanwhile, the operator suggested introducing a HK$25 pass allowing passengers to bring pets on board its Wan Chai service, provided they are kept in a cage or bag, or on a leash.
The Star Ferry. File photo: Kyle Lam/HKFP.The proposals will be discussed by the legislature’s transport panel on Friday. Recommendations are then be passed onto the Chief Executive in Council.
See also: In Pictures: Plain sailing? Hongkongers worry fare hike won’t be enough to save beleaguered Star Ferry [From 2023]
In 2023, the Star Ferry hiked fares by over 50 per cent.
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