Ferry Business Plan
April 27, 2018 Hayling Island
Roughly 150 people ascended upon the Royal Shades pub eager to hear from investors about how they plan to resurrect the island ferry service to Portsmouth. Portsmouth-based Trayte Marine Ltd, who now own the aPride of Haylinga will submit their business plan at the end of the month to the Langstone Harbour Board.
Andrew Rothwell, who represented the company, stated that the new service would hope to take between 60 and 106 passengers per day with a return expensing APS5. Under operation from the new proprietors there will be three crossings an hour starting from 6am and finishing at 7pm,
this apparently could be increased to 9pm in the summer. Those in attendance however heard that the backers would still need external funding to get the barge on the water again.
Mr. Rothwell told;
aWe want to do this in a professional way, we want to make it self-funding within three to five years. Hopefully numbers of passengers will increase if they know the service is going to be there when they turn up.a
Portsmouth City Council has said it is not willing to subsidise the ferry, however Hampshire County Council has said that they are open to discussions regarding aviable business plansa.
During the meeting, many member of the public built their opinions clear about how the ferry is a vital environmentally-friendly transport link that helps sustain tourism on Portsea/ Portsmouth and Hayling Island.
Questions were raised about why the Langstone Harbour Board cannot dip into some of its reserves. But vice-chairwoman Councillor Jackie Branson said: aWe canat operate ferries.
aWe are not allowed to. Itas not within our remit.a She has also previously stated that the average annual cost for preserving the pontoons was APS3 2,000.
The current licence fee for a ferry service is about APS1 9,500.
There were also statements made about how the ferry reduces the areaas carbon footprint and there were even calls to apply for EU funding.