Ferry operator faces costly repower amid aging equipment crisis

In a recent government meeting, officials discussed significant updates regarding the maintenance and operational challenges of the aging ferry vessel, Goymuth. The discussions highlighted the need for extensive repowering efforts, which are projected to cost approximately $2 million. This includes the procurement and installation of new engines, transmissions, and outdrives, all of which are essential for ensuring the vessel's reliability and safety.

The current engines and outdrives, which have been in service since the 1990s, are becoming increasingly difficult to maintain due to their age and the limited availability of parts. Officials noted that the vessel is due for a repower in 2024, a timeline that has been acknowledged since 2013. The urgency of these upgrades is underscored by the risk of mechanical failures, as experienced in December of the previous year.

During the meeting, it was revealed that the first phase of the repower, involving the installation of new engines and transmissions, is scheduled for the spring dry dock in 2025. The outdrives will follow later that year, after the peak season, to minimize disruption to service. The proposed upgrades aim to streamline maintenance processes, potentially reducing costs and time spent in dry dock.

Officials also discussed the financial implications of selling discounted punch cards to boost revenue during the non-peak season. These cards, which offer a 15% discount, are part of a strategy to maintain cash flow while addressing the vessel's operational needs.

The meeting concluded without any immediate actions required from the attendees, as the discussions were primarily informational and aimed at preparing for future decisions regarding the vessel's maintenance and upgrades.