2021 Rate Hikes Possible for Steamship Authority

MARTHA’S VINEYARD – The Steamship Authority is considering rate adjustments for next year in the face of projected budget shortfalls incurred after a year marked by the ongoing COVID-19 pandemic.

For the Martha’s Vineyard route, Authority officials proposed an increase of $1 for passenger fares, an increase of $4 to $6 for one-way and $15 on peak trips for standard vehicle fares and an increase of $2.50 and $3.50 for excursion rates.

On the Nantucket route, passenger fares would increase by $1 on traditional ferries and $3 on high speed ferry trips, vehicles would increase between $11 and $16 for one-way and $15 on peak trips.

Rates for excursions would go up between $6 and $8, while barge fees would increase by $2 per ton.

For both Nantucket and Martha’s Vineyard, yearly parking permits would be adjusted by $50.

The Authority anticipates that these proposed rate changes will generate an additional $8,700,000 of operating revenue in 2021.

Approximately $5,400,000 would be generated from the Martha’s Vineyard route and $3,500,000 from the Nantucket Route, said the Authority.

$3.5 million in revenue is expected to come from standard fare vehicles, $720,000 from excursion fare vehicles, $1,720,000 from vehicles longer than 20 feet, $2,440,000 in passenger fares, $100,000 from parking permits and $240,000 from other miscellaneous categories. 

According to Steamship Authority officials, a vote to adopt the recommended rate adjustments will be requested at the Authority’s November meeting.

About Grady Culhane

Grady Culhane is a Cape Cod native currently living in Eastham. He studied media communications at Cape Cod Community College and joined the CapeCod.com News Center in 2019.

737 West Main Street
Hyannis, MA 02601
Contact Us | Advertise Terms of Use 
Employment and EEO | Privacy