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Home›Green Marine›B.C. Ferries receives $67.9-million for lost ship
Green Marine

June 13, 2006 · about 20 years ago

B.C. Ferries receives $67.9-million for lost ship

Ferries has received $67.9-million in insurance compensation for the sinking of the Queen of the North. The news came yesterday as the corporation announced year-end results showing profit of $49.9-million, up $14.7-million compared with 2005. “You need the earnings to go out and spend the money to

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Ferries has received $67.9-million in insurance compensation for the sinking of the Queen of the North. The news came yesterday as the corporation announced year-end results showing profit of $49.9-million, up $14.7-million compared with 2005. “You need the earnings to go out and spend the money to rebuild what has become a pretty beat-up ferry system,” said CEO David Hahn.

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