ST. THOMAS — Warren Mosler’s QEIV ferryboat only recently began carrying passengers between St. Croix and St. Thomas, but Mr. Mosler is already working on a second boat, a sign that the business of cheaper inter-island travel is sustainable.<\/p>\n
“Yes,\u00a0Gold Coast has several boats ahead of me, but is doing some preliminary work,” Mr. Mosler said. He revealed that the new ferry, once operational, will be docked in St. Thomas, and the two will cross paths each trip.<\/p>\n
The confirmation comes even as the government, which in July 2015 promised to deliver two top-of-the-line ferryboats, has been lagging behind, citing the lack of funds to procure the vessels.<\/p>\n
On July 5, 2015, 31st Legislature senators\u00a0who made up the\u00a0Committee on Housing, Public Works and Waste Management favorably voted<\/a><\/span>\u00a0bill\u00a0No. 31-0137<\/a><\/span> \u2014 an act establishing the Virgin Islands Ferryboat Fund as a separate and distinct fund in the treasury of the Virgin Islands.<\/p>\n The idea was to secure funds for at least two ferryboats for inter-island travel between St. Thomas and St. Croix, which was halted in 2011 after the sole ferry was damaged.<\/p>\n