WAILUKU, Maui (AP) — A company that operates ferries between Maui and Lanai is asking state regulators for permission to build a $2.7 million replacement vessel.
Hone Heke Corp., the parent company of Expeditions, applied to the Public Utilities Commission this month to finance and build the ferry.
Hono Heke president Bill Caldwell said in the application the company thinks a new vessel will be needed before 2015 to meet increased demand.
Caldwell said Larry Ellison, the Oracle billionaire who owns the vast majority of land on Lanai, intends to overhaul its resorts, build new residences and take on other projects.
Caldwell said construction companies already asked the ferry company about charter transportation for workers to Lanai.