Thursday 22 November 2007

Cabcharge interested in Sydney Ferries

Cabcharge Australia chairman, Reg Kermonde, said the company would be interested in acquiring Sydney Ferries if it was privatised by the NSW Government. "Our company would be interested provided that it would serve as a value-added product for the company and we could operate it in the interest of consumers," he said. Mr Owen Eckford, who has been appointed deputy CEO, worked for five years with the State Transit Authority as general manager, ferry services. A recommendation in the independent enquiry's report on Sydney Ferries, has recommended that the RiverCat service between Rydalmere and Parramatta cease. The NSW Government is expected to decide the future of Sydney Ferries in 2008.

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