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A Maine-based consortium was selected to restart a ferry service between Portland and Yarmouth, Nova Scotia, with the help of a $21 million subsidy from the Canadian province.
The Associated Press reported Graham Steele, Nova Scotia’s economic development minister, said Thursday that a deal was struck with STM Quest Inc., a company comprised of the Eliot-based Quest Navigation, the Singapore-based ST Marine Ltd. and the Miami-based International Shipping Partners.
According to the agreement, the ferry service will start in May 2014. The company will receive the $21 million in the form of $10.5 million in startup costs and $1.5 million in annual marketing assistance over seven years.
The sailing schedule for the new service will be from May 1 to Oct. 31, departing daily from Yarmouth at 9 a.m. and arriving in Portland at 5 p.m. The return trip would leave at 8 p.m. to arrive in Yarmouth at 7 a.m.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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