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Ferry giant FRS acquires Clipper Vacations, plans Cuba sailings
Saturday, 20 Jan, 2016
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Global ferry and shipping line FRS has bought a majority stake in Clipper, operator of Clipper Vacations which runs ferry services between Seattle, Victoria, BC and the San Juan Islands.
With the acquisition, Clipper plans to develop a new ferry hub in Vancouver and the two companies will launch a ferry service from Florida to Cuba which is now awaiting government approval.
"This is an exciting day for Clipper, as we are thrilled to join forces with another industry leader. FRS is a company that shares our values and our vision for travel and tourism in North America, and will allow us to expand our travel products that will now include Vancouver and Cuba," said Merideth Tall, founder and CEO of Clipper.
"Clipper and its leadership team plan to leverage FRS’ long history of managing multi-country operation models as we launch our future growth plan. The expansion of operations to Vancouver and Cuba will further benefit both of our Canadian and American destination cities."
FRS operates 60 vessels globally and carried over 7 million passengers in 2015 in a diverse fleet which includes hovercrafts, water taxis, and electric-powered solar ferries.
"Clipper has an impressive track record in the Pacific Northwest and Canada, and will now serve even more of the Canadian market with a new Vancouver service. With the support of Clipper, we are also thrilled to launch a new ferry service between Florida and Cuba," said Götz Becker, CEO of FRS.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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