Posted at 12:57 p.m., Wednesday, May 19, 2004
Maui Land & Pine invests in Superferry
Advertiser Staff
Maui Land & Pineapple Co. has invested $1 million in Hawaii Superferry Inc., the venture to transport passengers and vehicles between the major islands.MLP President David Cole said the Superferry would support his company�s diversified agricultural operations and "has the potential to dramatically enhance inter-island commerce by providing fast, economical and fuel-efficient ferry service throughout the state."
The service was scheduled to begin operations by 2006, but had lacked enough investors.