BC Ferries Spending USD 42 Mn to Upgrade 17 Vessels

BC FerriesIllustration; Image Courtesy: Pixabay under CC0 Creative Commons license

Canadian ferry owner and operator BC Ferries is to spend CAD 57 million (USD 42.3 million) in British Columbia to support its fleet during the current refit cycle this fiscal year.

The company said that its annual vessel maintenance season is well underway with various marine service suppliers involved.

“The CAD 57 million will be spent on 17 vessels between September 2018 and March 2019, including contracts with Vancouver Drydock, Esquimalt Drydock and Point Hope Shipyard in Victoria as well as at our own Fleet Maintenance Unit,” Mark Collins, BC Ferries’ President and CEO, said.

Over the past decade, BC Ferries spent more than CAD 1 billion at British Columbia shipyards
for necessary upgrades on its fleet of 36 vessels including repairs, dry-docking, and life extension
projects.

Shipyards including Vancouver Drydock (Seaspan), Point Hope Shipyard, Esquimalt
Drydock, Esquimalt Graving Dock and Allied Shipbuilders as well as BC Ferries’ Fleet Maintenance Unit (FMU) in Richmond, BC have all completed work for the ferry company.

Including the refit work, the company spends CAD 200 million annually on ships, terminals and information technology infrastructure in British Columbia.

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