Ferries: 35-40 fuelcost rise 'murderous'

Wed, Jun 22nd 2011, 11:00 PM

By NEIL HARTNELL Tribune Business Editor Bahamas Ferries yesterday said it had introduced a $3 per ticket surcharge due to a "murderous" 35-40 per cent year-over-year increase in fuel costs, a senior executive warning that commodities "have the potential to drive us back" towards recession. Khaalis Rolle, the inter-island ferry transportation provider's chief marketing officer, told Tribune Business: "We just last week introduced a fuel surcharge. Fuel is killing is; it's murdering us. "The only way we are able to survive is if we introduce the fuel surcharge of $3 per ticket, which is not much when you factor in what it is. We are spending, in terms of fuel ...

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