HMS Global Maritime | HMS Ferries, Inc. Projects Awarded Nearly $10 Million in Federal and State Funding
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HMS Ferries, Inc. Projects Awarded Nearly $10 Million in Federal and State Funding

BAINBRIDGE ISLAND, WA, June 3, 2014 — HMS Ferries, Inc., a member of the HMS Global Maritime family of businesses, is proud to announce that two different projects were awarded state and federal grants for capital improvements, equaling a combined total of nearly $10 million. The majority of the funding came from the U.S. Department of Transportation, which has awarded approximately $123.5 million for passenger ferry projects and ferry operators throughout the United States and selected territories.

 

Under the Moving Ahead for Progress in the 21st Century (MAP-21) Act, FTA’s Passenger Ferry Grant Program was authorized, for the first time, to provide competitive funding to public ferry
systems in urbanized areas. Funds are awarded based on factors such as the age and condition of existing ferry boats, terminals and related infrastructure; benefits to riders, such as increased
reliability; project readiness; and connectivity to other modes of transportation.

 

The first win for HMS Ferries was awarded to the operation in Jacksonville, Florida. The Jacksonville Transit Authority will receive $3,973,099 in funding to replace aging ferry slips that
have reached the end of their useful life. The new docking equipment will be used for the St. Johns River Ferry, which connects the north and south ends of Florida State Road A1A in Duval
County and serves more than 225,000 riders each year. The same day the St. Johns River Ferry Commission, on behalf of the City of Jacksonville, was awarded a separate $1 million from the
Florida Department of Transportation for capital improvements to the ferry.

 

The second win for HMS Ferries occurred in Tampa, where the company has been working under a public-private partnership with Hillsborough County, Florida on a proposed high-speed ferry that
will connect MacDill Air Force Base to South Hillsborough County, with future routes that will connect St. Petersburg and Downtown Tampa. The Hillsborough Area Regional Transit Authority
will receive $4,772,755 to implement the new high-speed passenger ferry service that will provide a completely new transit option for residents who travel around Tampa Bay. The project includes
the construction of a new ferry terminal and related infrastructure, and up to four passenger ferries.

 

Greg Dronkert, President and COO of HMS Ferries, Inc., said, “This is great news for our clients and, of course our HMS Ferries team. These grants provide for terminal improvements in
Jacksonville that promote the safe, reliable and efficient operation of the St Johns River Ferry. In Tampa, the grant helps solidify a complete project-funding package that will lead to the launch of a completely new service. This is really excellent news!”

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HMS Global Maritime provides marine management, engineering and consulting to state, federal and private clients in need of professional turnkey vessel management systems. We help our clients meet changing market conditions through effective and experienced cost effective solutions. For more information, log on to: www.hmsgm.com.

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