Marine Atlantic to Raise Prices #nltraffic

Marine Atlantic will raise their prices.

As of April 1, passenger and vehicle fares, as well as drop trailer fees, will increase by 2.6 per cent.

The tariff rate adjustments are necessary to reflect the continuing increased costs associated with materials, supplies and labour to help Marine Atlantic maintain a strong and reliable service for its customers.

There will be no increase to the 15 per cent fuel surcharge. Last year, initial budget forecasts indicated that increases would be required as the Corporation transitions to more expensive marine diesel to meet new environmental regulations by January 1, 2020.

Through internal fuel management initiatives, the Corporation's fuel hedging program and the continued lower cost of fuel in the marketplace, no adjustments are required at this time. As the Corporation continues to transition all of its vessels to 100 per cent marine diesel, it is anticipated that future increases to the fuel surcharge may be required.


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