Energy Efficiency Improvement Loan News

Fast Ferry Gets a New Power Package

While many owners discuss ideas to suitably maintain maritime service while slashing operating costs, Seasteak LLC, owners a 43m fast ferry Wall Street, put words into action with a dramatic propulsion switch that saw the company maintain sailing schedule and speed while reducing fuel consumption 30% and CO2 emissions 50%. Wall Street, a 43m fast ferry owned by Seastreak LLC of Atlantic Highlands, NJ, was originally built by Gladding-Hearch Shipbuilding and launched in 2003, the third of four sister vessels.