Ferries has received $67.9-million in insurance compensation for the sinking of the Queen of the North. The news came yesterday as the corporation announced year-end results showing profit of $49.9-million, up $14.7-million compared with 2005. “You need the earnings to go out and spend the money to rebuild what has become a pretty beat-up ferry system,” said CEO David Hahn.
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about 20 years ago
B.C. Ferries receives $67.9-million for lost ship
Ferries has received $67.9-million in insurance compensation for the sinking of the Queen of the North. The news came yesterday as the corporation announced year-end results showing profit of $49.9-million, up $14.7-million compared with 2005. “You need the earnings to go out and spend the money to
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