Page
Seven
29
SEPTEMBER 2004
Hey... lookit I found....
PRESS
RELEASE
CycleCanada Report
166 Albert Street West, Box 310
Alliston, ON L9R 1V6 Canada
www.CycleCanada.com FOR
IMMEDIATE RELEASE |
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Toronto to Rochester Ferry
Fares Badly in CycleCanada Survey |
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ALLISTON,
CANADA — December 27, 2003 — A survey
conducted by CycleCanada Report on ferry
fees around the world suggests that those travelling by bike between
Toronto, Ontario and Rochester, New York, will be gouged by the planned
service.
The Lake
Ontario crossing by the Spirit of Ontario ferry is scheduled to begin in
May 2004 — which
also is the start of prime cycling season. The new ferry service is
getting an $8 million government grant to help build a new terminal
facility in Toronto. But the fee structure delivers a message that
cyclists are not welcome. The CycleCanada Report survey shows that the
one-way fare for a bike and rider on the Spirit of Ontario is 64% of the
car/driver fare. Other ferry services around the world are much more bike
friendly and in Europe bikes often travel free. Two solo cyclists pay
almost the same amount as two people in a car.
The message to people coming to downtown Toronto — bring your car. The
spirit of Ontario tourism clearly does not include cyclists.
To read the
CycleCanada Report article, go to:
http://www.cyclecanada.com/Report/
For more information contact: Bud Jorgensen
Tel. 705-434-1100 or by e-mail at
news@CycleCanada.com
Tour du Canada, CycleCanada, CycleCanada.com and
Discover Your Routes are registered trademarks of Cycle Canada, the
Veloforce Corporation. |
And a follow-up:
A Ferry
Tale - Chapter 2
Rochester / Toronto
ferry cuts rate for cyclists.
(photo - Alan Medcalf)
Still waiting for the
other bike shoe to drop.
In the first issue of the CycleCanada
Report we reported on the proposed pricing for the new Ferry Service
service between the two Lake Ontario port cities of Rochester and
Toronto. The ferry is set to begin service in May 2004.
Our report showed that the rate for a
solo cyclist was almost two-thirds that charged for a car and driver.
The Rochester Toronto rate was among the most expensive for cyclists in
a comparison with other ferry services around the world.
Since our report was published, the newly
named "Breeze" ferry service has announced a reduction in fares of
US$8.00 per cyclist and bike. At the same time the operators are
offering an introductory promotional rate for car and driver that cuts
the car fare by a third. The rate for car and driver is now US$40.00 and
for bike and cyclist is US$30.00 or 3/4 the rate of car and driver. The
discounted rate for driver and car is for bookings made before May 1.
If the ferry service were to offer an
equivalent reduction for bike and cyclist, the fare would be $20.00.
To read the December report visit:
CycleCanada Report Archive
. . . Bud Jorgensen
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Do I detect a note of cynicism here? Just
how many bicycles would it take to equal the weight of, say a Honda Accord?
Would even one hundred bicycles weigh down the ferry enough to justify the
disproportionate fare?
Or does (rather..
did) CATS try to gouge cyclists to make up for its lousy business model?
Guess it doesn't make much difference now.
Looks like Canadian cyclists will be staying closer to the northern lake routes
from now on instead of exploring the southern route.
Cha-CHING.
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Judge orders
Toronto-Rochester ferry seized
Last Updated Tue, 28 Sep 2004
21:27:12 EDT
ROCHESTER, N.Y. - A U.S.
judge has impounded the new fast ferry that had been running between
Toronto and Rochester until earlier this month.
The judge made the decision on the same day that the
ferry's fuel supplier sued the company, claiming $370,000 in unpaid
bills.
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The Spirit of Ontario (CBC
Photo: Peter McCluskey)
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The ship, the Spirit of Ontario, is docked in
Rochester, N.Y.
The operator of the ferry, Canadian American
Transportation Systems (CATS), stopped service between the two cities
due to financial problems. An estimated 140,000 passengers crossed
Lake Ontario in its first 11 weeks in service before it was
indefinitely docked.
The company said it lost more than $2 million since
the ferry, nicknamed the Breeze, began its twice-daily round trips
across Lake Ontario in June. CATS said the service was scuttled by
unexpected Canada Customs fees and by delays in construction of a
terminal building in Toronto. The company was also unable to get the
permits it needed to carry trucks across the lake.
CATS said it may try to resume service in the
spring.
Written by CBC News Online
staff
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Ahhhh...FAME AT LAST!
Just think. After reading the CBC's
blurb, now when residents of the Okanagan Valley in BC hear of 'Rochester New
York', they'll immediately think of 'Failed Fast Ferry'. Sort of rolls off
your tongue, no? And what a glowing tribute that is, INDEED.
(Ever get the impression that unrepentant
bashing of Corporate Screwups could be so much fun??)
'CATS said it may try to
resume service in the spring'. Huh? What happened to the
'year round' service CATS had originally intended? If that's the case,
what difference does it make if the service restarts in October or May... HMMMM???
Could it be that CATS knows.. or should have
known all along... that this highly specialized service is seasonal at best....
and in their case, novel at the worst? After the novelty wears off, so
does ridership. And once the 'gales of November come early', ridership
dwindles to a scant trickle which is totally incapable of supporting the
business.
Like I've been saying for over three years
now.
But it's a real honour to be mentioned in the
CBC... the venerable national Canadian media giant which is resourced around the
world.
Fame at last. Civic pride in the
Rochester area must be soaring to dizzying heights these days.
From the Adventures In Data-Based Assumptions
Department:
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Home > News > Local
News |
Rochester Time:
6:38 pm
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![[]](spacer.gif) |
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Support for ship is high in Monroe
Most would like to see it as permanent link to Toronto.
About this poll
The Democrat and Chronicle, WXXI Public
Broadcasting and WOKR-TV (Channel 13) commissioned a poll of Monroe
County voters this month to gauge public opinion about various issues,
including the Spirit of Ontario. The telephone survey was conducted by
the Rochester Research Group Sept. 19 through Sept. 23. Here are some
details about the 500 respondents:
Residency: 23.4 percent lived in the city, and
76.6 percent lived in the suburbs.
Age: All were at least 18 years old; 5.8 percent
were younger than 30 years old; 31.8 percent were 30 to 49; 39.8 percent
were 50 to 69; and 21 percent were 70 or older.
Income: 12 percent reported an annual household
income of less than $25,000; 16.8 percent make between $25,000 and
$40,000; 25.8 percent make between $40,000 and $75,000; 31.8 percent
make more than $75,000; and 13.6 percent either did not know or refused
to answer.
Race: 84.2 percent were white people; 9.2 percent
were black people; 1.4 percent were Hispanic; 2.4 percent were listed as
other races; and 2.8 percent refused to answer.
Gender: 58.8 percent were women; and 41.2 percent were men.
Education: 46 percent said they had a four-year
college degree; 53.2 percent said they didn't; and 0.8 percent refused
to answer.
Political affiliation: 37 percent said they were
registered Democrats; 34 percent were Republican; 10.8 percent were not
in a party; the remainder were registered in third parties.
Related articles:
Most want ferry as permanent link to Toronto
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(September 29, 2004) —
Despite the continuing problems surrounding Rochester's idled high-speed
ferry, the majority of Monroe County voters want to see the ship sail here
again, according to a new poll commissioned by the Democrat and
Chronicle, WXXI Public Broadcasting and WOKR-TV (Channel 13).
The ferry should become a permanent bridge between
Rochester and Toronto across Lake Ontario, and will benefit the local
economy and boost civic pride, poll respondents concluded.
"It has widespread public support," said Jocelyn
Goldberg-Schaible, director of the Rochester Research Group, which
conducted the poll.
Canadian American Transportation Systems, the private ferry company,
suspended service three weeks ago after operating only 80 days. Company
officials, who hope to resume service, blamed financial problems and
government regulations.
Seventy-four percent of poll respondents said the ferry
"should become a permanent link between Rochester and Toronto" — with that
percentage topping support shown in previous polls when the ferry was
merely a proposal and not a reality.
"In a sense, seeing is believing, and despite the
challenges it encountered, people came away from having the ferry for a
short time believing more strongly in the benefits of its existence,"
Goldberg-Schaible said.
The telephone poll, conducted
Sept. 19 through Sept. 23, surveyed 500 registered voters in Monroe County
on a variety of issues and has a margin of error of 4.5 percentage points.
The poll was commissioned by the Voice of the Voter project — a
collaboration of the Democrat and Chronicle, WXXI Public
Broadcasting and WOKR-TV.
Other poll results related to the ferry include:
Sixty-one percent believe the ferry will have a
positive effect on the local economy and boost civic pride.
Nonwhites seemed less impressed by the potential
economic impact of the ferry, with only 44.6 percent expressing their
optimism about the ship.
Fifty-five percent said the ferry is "very effective"
or "somewhat effective" in retaining young people in the Rochester region.
Forty-three percent said it was not effective at all.
Wealthier respondents tended to express more support
for the ferry. For example, 65 percent of respondents earning less than
$25,000 want the ferry to become a "permanent link" with Toronto versus
80.5 percent of those earning more than $75,000.
Respondents also were asked how best to keep the ferry
operating, with 38.8 percent favoring allowing a casino on the ship.
Others said streamlining tight security regulations for passengers and
trucks (36.6 percent), seeking new ownership (32.6 percent) and providing
additional government subsidies (17.8 percent). The remainder didn't know
or refused to answer the question.
"I think to save it we need slot machines," said James
Hall of Rochester, who was fishing near the ferry Tuesday. "I'm not a
heavy gambler, but it's a reason for people to get on it."
Poll respondent Michele Begemann, 34, of Greece often
drives by the ferry while taking her daughter to Holy Cross School in
Charlotte. "It's very sad that it's not operating right now," she said.
"You go by it and there's this big beautiful terminal and this big
beautiful ferry boat."
She wants to see service resume, but is wary about
putting more taxpayer money into the venture. The city, state and federal
governments have invested more than $35 million in the project, when
counting money used to buy the ship, build the terminal and improve the
port.
"They seem to have taken an awful lot (of money) as it
is and it's not operating," she said.
Poll respondent Howard Sturgis, 27, of Rochester would like to see the
ferry return to service only if it can create jobs and improve the economy
as promised.
"Otherwise get rid of it and give the money to the
(Rochester) Board of Education. ... That boat ain't helping our kids."
CATS President Cornel Martin and Mayor William A. Johnson Jr. said they
are not surprised at the support shown in the poll, saying the vast
majority of people that they talk with want the ship to resume service.
"Day to day, I'm out there and I'm running into them," Martin said.
Johnson added: "I think the ferry has caught on and has
support and more people have come to see what it has meant to this
community."
RARMON@DemocratandChronicle.com
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Other facts to consider:
2003 estimate of Monroe County Population:
736,738 .
(link)
Above survey's polling total:
500 registered voters in Monroe
County.
Survey respondents as a percent of total 2003
estimated Monroe County population : 0.07%
Percentage of Native American and Alaska
Native residents in Monroe County in 2000 :
0.03% (link)
OK students. Let's examine THESE
numbers.
Here you have less than 1% of the total
population polled which supposedly reflects the general attitude of the
community towards the Fast Ferry debacle... enough so that the community and
business leaders are quick to jump and declare "Rochester is ________".
The results from this less-than-1% segment are held in the highest regard to the
point where a multimillion dollar business is allowed to stumble forward.
Or not.
Yet the opinions and concerns of the
less-than-1% of the general population which is Native American or Alaska Native
is all but ignored... even though such superfluous issues as a fast redundant
method of transportation to Toronto is hardly the focus of the First Nations
concerns. Things like adequate affordable housing, health care and jobs
are somehow seen as more pressing to THESE people.
Why is that? I'll resist the growing
lump in my throat which is struggling to scream 'racism' because we all know
that racism is nowhere to be found in Monroe County.
But back to the survey. It's a
cotton-candy confection which ostensibly reflects the true community sentiment.
Gross assumptions based on a tiny fraction of the general population. This
is the stuff that got the Ferry developers in deep dung and... by extension...
the Rochester area as well.
DI's. Data Idiots. But it's
presented here as yet another example of the myopic navel-gazing obsession of
the Rochester community.
From the Hey Dude It's No Big Deal Department:
![[News]](titler_News.gif) |
Wednesday
September 29, 2004 |
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Ferry Impounded, Mayor Reacts
by Leah George
Published Sep 29, 2004
Mayor Bill Johnson calls the
lawsuit filed against CATS and the lockdown that followed “premature,
precipitous and absolutely not necessary.”
Mayor Johnson says ordering U.S.
Marshals to guard the fast ferry is a waste of taxpayer money.
(ed. Uh Bill, perhaps you
ought to think before engaging the mouth. Isn't this a case of the pot
calling the kettle black?)
He says the "Spirit of Ontario" wasn't going anywhere
because it's operators didn't have money to put fuel in it.
Johnson says the ferry operation has
$33 million in outstanding debt.
(ed. Now Bill, let's double-check
our figures here.)
He said impounding the ferry for
$370,000 thousand as Amerada Hess did Tuesday, is overkill.
(ed. Evidently Amerada Hess
disagrees. And since they're owed in excess of $370,000 for fuel
alone, telling them they're 'overreacting' is either the height of
callousness or the height of flippancy.)
"The lenders are not worried about it. I spoke to them
about it last night, they had not been served papers, they weren't bothered
by it. They were surprised that it was done though. They understand that
Amerada Hess was at no risk what so ever. In fact they were deeply protected
by whatever proceedings were going forward. Anyone who operates that vessel
would have to pay them off, that's the only place you can get fuel," Johnson
said.
Mayor Johnson says people are working around the clock and
around the world to get the ferry running again.
He says the bottom line is money, and
what the ferry needs are investors.
(ed. Bill, Bill, Bill. Haven't
we learned anything after all this insanity? What the Ferry 'needs'
is a year-round, steady manifest of repeat passengers. Your insistence
that all problems can be solved by money is American ignorance at its
zenith.)
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Whew. Clutching at straws is one thing;
tossing hypocrisy into the equation only reeks of REAL desperation. "A
waste of taxpayer money"? If anybody knows about wasting taxpayer
money, it's Mayor Johnson. Somehow a $16 million ex-ferry terminal which
is presently being used as a hamburg and sandwich joint doesn't sound like a
real shrewd financial move.
Perspective time:
![[News]](titler_News.gif) |
Wednesday
September 29, 2004 |
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![[Tale of Two Ferries]](lakeexpress2.jpg) |
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Unloading at the Port of Muskegon |
Tale of Two Ferries
by Seth Voorhees
Photo by Todd Krupa
Published
Sep 29, 2004
It's a tale of two high-speed
Great Lakes ferries, which both started service last spring. One appears to
be running strong. The other sits in Rochester’s port, on the brink of going
under.
The boats have taken different paths.
About 150 people took a recent Monday afternoon cruise on
the Lake Express, a ferry that makes daily trips between Milwaukee and
Muskegon, on Lake Michigan.
“I love the ferry,” said Rhonda Harroun of Michigan. “The
ferry was great.”
“It’s very nice,” said passenger Jessica Swanson. “It
works out well.”
Those are the kind of reviews they hoped for, when the
idea of the Milwaukee to Muskegon ferry was first floated 10 years ago. It
took a decade to turn the concept into reality.
“There was a tremendous amount of research that went on,”
said Ken Szallai, the former Milwaukee Port director who took over the reins
at Lake Express LLC earlier this month. “The ship is really designed not
only for this market but many other U.S. type applications.”
The Lake Express cost private investors $18 million
dollars to build. It zips across Lake Michigan at top speeds of about 40
miles per hour. In the beginning there were some problems -- for one, the
reservation system couldn't handle the crush of customers.
Those difficulties were nothing, compared to the Breeze –
Rochester’s now-suspended ferry which ran for just 80 days.
There are major differences between the two boats. At 250
passengers and 46 cars, the Lake Express is a third the size of the Spirit
of Ontario. An accident that caused a seven week start-up delay put
Rochester's ferry in a financial hole before it even got running.
The lake Michigan ferry doesn't travel internationally, so
there are no any customs issues. It carries vehicles, but no commercial
cargo. The ability to do that has been a major hurdle for Rochester's ferry.
Lake Express officials say they’ve followed the Rochester
ferry situation, but have no interest in purchasing the troubled ferry
operation.
“We're always sad when we see a high speed operation go
into difficulty,” said Szallai. “Sometimes that
will send the wrong message to other markets.”
(ed. That's the polite way of
saying, "You screwups are botching the whole Fast Ferry business".)
The boats have some similarities. The same company, Austal,
built both boats. Both ferries started routes between smaller cities and
much larger ones.
Muskegon, Michigan Steve Warmington says travelers who
pass through his city of 40,000...might not have come without the ferry.
They do, and they bring their wallets.
“This has been wonderful for us,” said Warmington.
The same can be said for the other side of the lake, where
Milwaukee has invested $1.5 billion dollars in arts and entertainment
complexes in the past five years. The city of 600,000 has undergone a
transformation beyond it's blue collar beer and brats reputation.
In Milwaukee, the ferry is seen as a good way to bring
them in.
“Any time you have an opportunity to bring a boatload of a
couple hundred people into Milwaukee, it means more economic dollars put
into our restaurants, our cultural and arts attractions and even hotels,”
said David Fantle, spokesman for the Greater Milwaukee Convention and
Visitors Bureau.
Lake Express officials are talking about adding a second
boat. They believe the market's there.
“You have a marriage of the attractions with the utility
of the ship,” said Szallai. “That's a wonderful, wonderful package to be
selling.” |
Yup. When a new service overreaches by
jumping immediately into an international arena with a poorly developed business
plan, the results may be understandably erratic.
The Lake Express started on a smaller scale...
and minus the transborder factor where international red tape turns into red ink
faster than changing national priorities.
Oh well. It's just money.
And civic pride and credibility. It's
all down the drain now.
03 OCTOBER 2004
I really hate to have to post this one.
![[News]](titler_News.gif) |
Sunday
October 03, 2004 |
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![[Without Ferry, Business Still Brisk]](Toasty.jpg) |
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Quiznos enjoyed busy opening. |
Without Ferry, Business
Still Brisk
by Leah George
photo by Jeff Hamson
Published
Oct 02, 2004
On their first day in business
Saturday, workers at Quizno's Subs at the Port of Charlotte got a taste of
what they hope will continue.
"It's been excellent, actually,” said Kiran Patel, owner
and manager of the franchise. “Probably, about 50 to 60 people have shown up
in the last one hour."
Patel says he chose this waterfront location for two
reasons.
"The beach and the ferry,” he said. “Both added up to
success. That does not mean 'if you don't have the ferry, you won't have
success.'"
Some store managers say that, since the ferry has been
docked, business has actually been better. Now, people come to see the boat
all day long instead of twice a day when it was coming in at one o'clock and
going out at four o'clock in the afternoon.
Newlyweds Joan and Dick Schopinsky say that's why they
stopped at the port. They say Quizno's grand opening was a bonus.
"The sandwich was awesome," said Joan.
(ed. As a sandwich and sub lover
-unquestionably... Quizno's makes a fantastic sandwich.)
While business is going well without the ferry, the eight
owners inside the terminal do want it back. They signed five-year leases and
say that their long-term success depends on the ferry's.
(ed. Well... THAT ain't good. Get back
to me on a Tuesday night in January and tell me "business is going well" and
I might be impressed.)
"I'm hoping the ferry's up and running by next week," said
Karen French, of the Chestnut Tree.
"You just have to bear with it, the problems that the
ferry has,” Patel said. “At this point, they (the issues facing the ferry)
are resolvable. Most of them have been resolved. That's the feeling that we
have at this point."
Port visitors remain optimistic, too. Dick and Joan
Schopinsky say that they'll be back even if the ferry isn't running. They
hope it will be by their next visit.
"Cross our fingers and hope that really happens," Joan
said.
CATS Fast Ferry
Quizno's |
OK...so why do I hate having to post this?
Because it's a timestamp of sorts for when the business shuts down due to a lack
of sales... and I like Quizno's.
I hate seeing these private spinoffs getting
the shaft because some porky Suit thinks some maritime monorail-equivalent is
going to fly. People are blind.
The goal of a business... ANY business... is
to attain LONG TERM and
CONSISTENT income. A store which sells
buttons can be seen as successful in the first few weeks due to its
novelty which draws the curious. After the novelty has worn off, people
don't give a rat's patooty about a damn button
store.... certainly not enough to ensure the LONG TERM
viability of the operation.
And a franchise operator who signs a five-year
lease has every intention of being in business at least five years... preferably
longer. I don't want to rain on anybody's parade, but I'll be pointing
back to this post in a few months when the sub shop goes belly up due to lack of
business. The port, beach and lake areas in both Toronto and
Rochester are very much seasonal experiences which see the most visitors in the
summer.
Like, duh. This ain't no South Beach,
guys. Even the hardiest of strollers isn't going to be spending much time
next to Lake Ontario in the middle of December or January... the lake winds are
raw, unrelenting and bone-chilling even with the proper attire. Toss in
snow and the idea of hanging out by the lake in the winter begins to sound more
like a test of endurance than a great way to wile away the hours.
This whole resurrection scheme to get the
Ferry up and running is so ludicrous, it's a wonder anybody takes the Rochester
business community seriously. The Rump Group, headed by a gentleman who
needs to be sat down and told to get a life and retire already, is tentatively
offering to throw some cash to get the thing started again. "If we make
money... fine. If not, it's done in the interest of the community".
Gag me. Spare me.
Nope. Not going to get into it here and
now. These pasty-faced sixtysomethings need to cash out their chips and
retire. Just what the hell are they still working for? If their
entire identity is based on what they DO instead of who they ARE... or if they
need the ego-stroking which comes from being some sort of 'leader', then they
have far more issues they need to deal with than simply running a business.
Pathetic creatures, really.
04 OCTOBER 2004
Hope springs eternal.
![[News]](titler_News.gif) |
Monday
October 04, 2004 |
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![[Still No Decision on Fast Ferry]](ferry_1004.jpg) |
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CATS: progress continues |
Still No Decision on
Fast Ferry
by Rocco
Vertuccio
photo by Todd Krupa
Published
Oct 04, 2004
Still no decision on the fate of
Rochester's Fast Ferry. Almost a month after CATS, the company that owns and
operates the ferry suspended service, lenders in Australia are still trying
decide whether or not to give CATS more money to restart service.
CATS President Cornel Martin says, the fact that EFIC has
not put any more demands on CATS to restart service, is a good sign. He
says, the lenders want CATS to continue working on resolving the issues that
forced the company to suspend service September 7th.
"Don't be swayed by all the rumors and all the innuendo
that are out there. Just know that we are working everyday to make progress
on those issues to try to push EFIC to that comfort level to where they are
ready to crank this up again," says Martin.
Martin says getting a U.S. flag on the ship is basically
good to go, once operations resumes. He says there has been some progress on
getting commercial trucks to use the ship, and some progress on Canadian
customs fees.
CATS needs anywhere from two to ten million dollars to get
the "Breeze" sailing again. If the Australian lenders decide not to give
CATS more money, some local investors may jump in to save the ship.
CATS |
Smiling. Politely.
Does this article have a hint of anxious
anticipation? Could this be the prescribed sentiment which Rochester area
residents are scarfing up like yesterday's pizza to dutifully regurgitate as
'fact'? Frighteningly, there's a very high percentage of locals who
believe in, "I read/saw it in the media, so it MUST be true".
Independent thinking is a dangerous pasttime in the Rochester area; one is told
how one should feel. And as long as locals chime along in harmony with
popular sentiment, it's a tried-and-true, sure way to win friends and influence
people.
If anyone should be optimistic in the face of
impending disaster, it's Cornel Martin. He slid into a seat which was
fully heated prior to him being named president of CATS... and it's only gotten
hotter since then. Remember Howard Thomas? The former CATS president
who was canned on July 06, 2004?
From my prognostication of July 07, 2004:
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" Let's pause a moment here.
A new multi-multi-million dollar ferry operation... with less than one month of
public service under its belt... sees both its top suits leave abruptly.
Couldn't be a case of 'getting out while the getting out is still good', now
could it? Very convenient... especially when the operation tanks within
the foreseeable future; both of the kingpins are out of the line of direct fire
when the accusations and condemnations start flying.
Also; why would the top
management cut and run if the operation looked as if it was going to be an
unqualified success? I mean, I can completely understand why these two
would bail out if they knew the bottom line was going to be disastrous... but if
it's going to be rosy, why not stick around to receive all the accolades?
Something stinks worse than a
hot day at the beach at Charlotte. And the locals just keep on with their
delusions of ferry success."
(link)
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The rantings of an Indian soothsayer? I
think not. Even one who's as bright as a
two-watt bulb could clearly see this was most definitely NOT business as usual.
It's not any miraculous revelation... anybody could come to the same conclusion
based simply on the local media (which 'sometimes'
has a bit of a slant to their reporting. No, really, it does.)
Think Howard Thomas is still pining away over
being fired from his position?? NO?? Gee, I wonder why not?
From the CATS statement of July 07, 2004:
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" (CATS Chairman
Dominic) DeLucia, the man who created the fast
ferry company with financier Brian Prince, will step aside as chairman.
"There comes a time in the life of
every organization when the founder should step aside and trust its
independent, experienced managers and directors to make the organization
a resounding success. Now that the financing of the project is completed
and closed, this is the time for CATS to do what CATS was created to
do-move passengers between Toronto and Rochester. I am confident that we
have assembled an exceptional managerial staff who will lead this
organization to great things," DeLucia said. "
(link)
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Classic. Corporate. Crap.
This rhetoric knows no regional boundaries but
is so prevalent in the local Good 'Ol Boy Network that it's become the de
facto language of Rochester business. Ever hear of the adage "If you
can't dazzle 'em with brilliance, baffle 'em with bulls__t"? That's the
course DeLucia took.
It SHOULD have set off all sorts of
inquiries, inquests and reviews into CATS so-called 'business plan'.
It's a private company which doesn't need to reveal its internal plans?
Nonsense. Considering the tens of millions of dollars which the
taxpayer gave and loaned to CATS, one of the most basic of conditions
should have been some system of accountability. If that meant CATS
had to have open books and initiatives, that's the price to pay for
accepting public funds. Don't like it? Don't take the money.
So what's next? Well, you can
bet the Rochester community is sitting on pins and needles awaiting
EFIC's pronouncement. If it's "OK... here's access to the escrow
but here's also the conditions which must be first met", then the locals
will grab onto that as a sign the service is salvageable.
And if EFIC says, "No", then the
Rochester community will start screaming it was EFIC that killed CATS...
even though $1.5 million at this point is chump change when compared to
the overall debt. The $1.5 million will
neither make nor break the service.
Local investors will save the day?
Maybe they'll be able to get the boat moving, but the ferry service is
DOA. So what's the point of relaunching the boat?
Dumb. Just plain dumb.
"We'll wait until spring to start up".
Translation? It'll die a quiet death... out of the public
spotlight... and hopefully when there's less emotion surrounding the
debacle. If CATS went belly up now, heads would roll. If it
croaked next spring, the collateral damage would be far more contained.
Not to worry. I'll still be here
to harangue the guilty.
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Area awaits ferry decision
Result of talks on resuming service may come next week
What's next
The Export Finance and Insurance Corp., an arm of the
Australian government, will decide soon how, when or whether Rochester's
high-speed ferry should resume service. EFIC provided a $33.7 million
(Australian) finance guarantee for the ferry project.
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(September 30, 2004) — The
community won't learn any decisions about the future of Rochester's idle
high-speed ferry "until well into next week, at the earliest," Mayor
William A. Johnson Jr. said Wednesday.
Johnson and Canadian American Transportation Systems,
the private ferry operator, originally had expected Australian financial
backers to announce as early as today whether they believe the ship should
resume service on Lake Ontario. But in a statement released Wednesday,
Johnson said confidential negotiations are continuing.
The Export Finance and Insurance Corp. and ABN AMRO bank
are deciding whether the ferry project is a viable business and should
continue operating between Rochester and Toronto. CATS also has been
meeting with potential private investors to provide enough cash to restart
the service.
"The issues are extremely sensitive and must be worked
out between CATS and its primary lenders," Johnson said. "While the city
is in contact with both parties, we are not a direct participant in these
negotiations.
"It is not in anyone's best interest for the city to
publicly speculate as to the outcome of this situation. The dissemination
of rumors and false information can only be damaging at this juncture in
the negotiations."
EFIC Chief Operating Officer Michael Jackson declined
comment. ABN AMRO officials could not be reached.
CATS officials, who could not be reached for comment Wednesday, suspended
the ferry service Sept. 8, citing financial problems and government
bureaucracy. The company, which has received millions of dollars in
taxpayer support, is trying to resume service.
On Tuesday, a federal judge impounded the $42 million
ship after CATS' fuel supplier filed suit and declared a maritime lien on
the vessel because it is owed more than $372,000. Some maritime law
experts said such a move is routine.
But by doing so, Amerada Hess Corp. likely elevated
itself from an unsecured creditor into a secured position, said C. Bruce
Lawrence, a local lawyer who specializes in bankruptcies. The filing is
unlikely to move Hess in front of the original lenders, he added.
According to loan documents, there are four senior and
secured lenders for the ferry. ABN AMRO holds the top position, followed
by EFIC, an arm of the Australian government that provided a $33 million
(Australian) finance guarantee; the city's Rochester Urban Renewal Agency,
which steered a $6.6 million state loan to CATS; and the city of
Rochester, which delivered a $1.3 million loan.
CATS has said previously it has
no plans to file for bankruptcy protection.
(ed. CATS has said a lot of things which
have been proven wrong. Besides, what sort of message would saying,
"We HAVE plans to file for bankruptcy protection" send to
prospective investors and passengers?)
"There is the ability of three creditors who are owed $15,000 or more to
(force) an involuntary bankruptcy," Lawrence said.
But he added that was unlikely to come from secured
creditors.
"Usually secured creditors have no interest in a bankruptcy at all," he
said. "They would just like to prevail under their security position
without the bankruptcy court intervening because the bankruptcy court may
hold them up."
CATS could file for Chapter 11 bankruptcy protection,
which would immediately take precedence over maritime law. But the lenders
then could petition the bankruptcy judge to take back the ship
on the grounds that a successful reorganization was impossible since
debt continues to accumulate and income is nonexistent, Lawrence said.
(ed. A very salient
point and one which is repeatedly overlooked.)
RARMON@DemocratandChronicle.com
FBILOV@DemocratandChronicle.com
|
Outta control.
Rational thinking, common sense... out the window.
Casino.
Casino. Casino. "Turn the ship over to the Indians and let 'em run a
casino". How magnanimous. How kind. 'Allowing' the little
'redskins' the privilege of setting up a casino in a highly specialized barge
which is completely inappropriate and unsuited to such an idea. Playing
Baccarat in the bowels of some maritime parking garage... what a thrilling
marketing concept.
Lest one get the
impression I'm in a very small minority in this locality, have a gander at the
feedback in the
Comments section of the Democrat & Chronicle:
From the You've-GOT-To-Be-Bagging-Me
Department:
|
jed from canandaigua writes
I am wondering if the creator/entrepeneur of the famed disaster ROSELAND
WATERPARK in Canandaigua NY, had his hand in the BREESE fiasco. The
taxpayers took a bath on both ill concieved ventures.My advice is for
New York State,local municipalities to stay out of any scheme that
involves anything to do with water.
Why don't they take the BREESE to the ROSELAND WATERPARK and turn it
into a floating casino and let the Native Americans run it. That way ,
both will make a profit.
(link)
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Well,
jed. First- there's a little
matter of moving a 5-story, 285- by 78-foot pond skimmer some 40 miles over land
and through a 15-foot high Thruway underpass.
Second
- and pay attention to THIS one jed
- just what makes anyone think
'The Native Americans' want anything to do with this cast-off bomb of an idea?
The
local Native population doesn't need any fairweather friends who turn their
backs on them when they don't need them... and rushes forward with open arms
when they do. Sort your own garbage out,
Rochester, and leave the First Nations out of it.
You made the mess, now clean it up yourself.
You
non-Rochester area readers see the mentality which abounds here? Try being
Native and living here... it's a Laugh-a-Minute.
A Toronto view:
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monster from Toronto writes
Why should Canada pay into an American capital venture? We are not
business partners, we are simply a port of call. We agreed to allow the
ship to dock and operate, and that should be the extent of our
involvement. Aside from that WE did agree to build a specific use
terminal, for which I am thankfull we did not waste our money,
considering the venture was unable to sustain itself for more than 3
months. Talk about high speed.
(link)
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Oooh, ouch. Casual indifference from the Cool Kids On The
Block. THAT'S gotta smart... when Rochester gets dissed in its own
media, that's not exactly a real ego-boosting move. And these are just a
few of the more temperate comments.
It's gonna be a
very long, very cold, very snowy and very dreary winter in Rochester. By
spring, the Breeze will have lost a great deal of its lustre in more ways than
one.... provided the Repo Guys haven't paid a visit before then.
| IMPORTANT
INFORMATION |
Canadian American
Transportation Systems has temporarily suspended operations. If you hold a
reservation for The Breeze, we would be happy to re-book your trip when we
resume service.
We understand you may have questions or concerns and invite you to share
these with us by clicking here:
Click here to send us an email. We appreciate your patience and
support throughout this period. |
 |
I'll bet.
