Hong Kong’s Star Ferry applies to increase its fares by up to 30 per cent in two-stage move
Ferry company cites rising operating costs and continued revenue dips; government will vet application before submitting it to Executive Council
Star Ferry is applying to raise fares for routes across Victoria Harbour by up to 30 per cent in two phases over the coming two years, citing rising operating costs and continued revenue dips.
In a revised application submitted to the Transport Department last month, Star Ferry proposed raising adult fares by between 40 cents and 60 cents in the first phase – expected next February – and by another 20 cents in the second phase in early 2018.
If the increases are approved, the adult fare for the lower deck on weekdays is expected to rise to HK$2.40 from HK$2, followed by a second rise to HK2.60 in 2018, representing a total rise of 30 per cent.
By 2018, adult passengers may have to pay 80 cents more – or HK$3.60– for a lower deck ride between Tsim Sha Tsui and Central and HK$4.20 between Tsim Sha Tsui and Wan Chai on public holidays.
Concessionary fares for children and the disabled would rise 10 cents in the first phase, followed by a further rise of 20 cents in the second phase.
The proposed rises range from 23.5 per cent to 30 per cent.
