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Supercat fare increase.

Asia Africa Intelligence Wire

| June 04, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From BusinessWorld (Philippines))

CEBU CITY - The operators of the supercat vessels seek to implement a uniform P20 fare increase in all of its 10 routes here in the Visayas and some parts of Mindanao effective this coming June 15.

The Philippine Fast Ferry Corp., which operates the supercats 2 and 3, and the Supercat Fast Ferry Corp., which operates the supercat 2001, filed their respective notices for fare increase before the Maritime Industry Authority (Marina) 7 last May 24. In its notices, the increases will be as follows: Cebu-Ormoc from P530 to P550, …

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