Clipper to buy majority interest in Clipper, expand in Canada
FRS is a global ferry and shipping group, currently operating 60 vessels in 12 countries, and carrier of more than 7 million passengers and 1.9 million vehicles last year on national and international ferry lines.
Clipper, operator of Clipper Vacations, is a recognized company in the Pacific Northwest and Western Canada, offering unique regional travel experiences, including high speed Victoria Clipper ferry services from Seattle to Victoria, and Seattle to San Juan Island.
With the acquisition, Clipper will expand its Canadian service with a new hub in Vancouver connecting downtown Vancouver to downtown Victoria. With Clipper’s support, FRS will launch a new ferry service from Florida to Cuba, pending government guidance and approval.
More details regarding the new hubs in Vancouver, Florida and Cuba will be revealed in the coming weeks and months ahead. Terms of the acquisition are not being disclosed. ■