More Trouble for Hawaii Superferry

Although the island state may seem to be a peaceful haven from the troubles in the continental U.S., the situation of Hawaii Superferry, Inc., serves as a reminder that even Hawaii has problems too. The ferry company, which has seen plenty of trouble in its short existence, has now been forced to file Chapter 11 bankruptcy protection.

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Hawaii Superferry blames the recent development on a Hawaii Supreme Court cease-and-desist ruling, barring the company from undergoing any interisland ferry operations. The company also expressed concern over the decline in tourism and increasing fuel prices, citing them as obstacles to profitable business.
 
The ferry company, which had its first launch in August 2007, has faced controversy regarding its unconstitutional exemption from an environmental impact assessment. It has also been the subject of significant amounts of protest from environmental groups that decry the Superferry’s existence as harmful to the environment.