Hong Kong-Macau ferry fares to increase by up to 11% amid fuel costs surge

Ferry operators cite soaring fuel costs for fare hikes, as transport sector feels the strain of global energy price shocks. | Contesto: cronaca

Punti chiave

• Hong Kong-Macau ferry fares to increase by up to 11% amid fuel costs surge

Contesto

Hong Kong's two main ferry operators, TurboJet and Cotai Water Jet, announced on Monday that they will increase ticket prices for services to Macau by up to 11 per cent, citing a severe surge in global fuel costs. The fare adjustment, which will affect the vital daily passenger link between the two special administrative regions, comes amid broader economic pressures that are squeezing both transport providers and commuters. The companies directly attributed the decision to the sustained rise in oil prices, a global trend that has escalated following geopolitical tensions and supply chain disruptions. This increase represents one of the most significant adjustments to the route's fares in recent years and is expected to impact tourists, daily commuters, and casino industry workers who rely on the frequent ferry services. The announcement was made just a day before Chief Executive John Lee Ka-chiu addressed the ongoing issue of fuel supply and pricing in the city. On Tuesday, Chief Executive Lee stated that the government would continue to closely monitor oil prices while implementing measures previously outlined by an interdepartmental task force on fuel supply. While the government's task force has been focused on ensuring stable supply, the statement acknowledged the market pressures leading to higher costs for operators and, consequently, consumers. The administration has not indicated any immediate plans for direct subsidies to offset the ferry fare increases, suggesting the hikes will be borne by the traveling public. The strain is not confined to the maritime sector. Concurrently, a transport union has reported that bus drivers are facing lost income as their companies reduce services in response to the same inflationary pressures. This parallel development highlights a widening ripple effect, where soaring operational costs are forcing cutbacks and price adjustments across multiple modes of public transportation, threatening the livelihoods of workers and the affordability of daily travel for residents. The fare hike raises significant questions about Hong Kong's connectivity with Macau and the potential impact on tourism recovery efforts. As a primary...

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Categoria: cronaca