Buyer found for SeaStreak ferry service

March 18, 2008 9:31:33 AM PDT
It looks like SeaStreak ferries will keep sailing between Monmouth County's Bayshore and New York City. A subsidiary of New England Fast Ferry Co. has agreed to buy the line and its four catamarans. Terms were disclosed.

Seastreak boats carry over 800,000 passengers a year between Monmouth County, Wall Street and Midtown Manhattan.

New England Fast Ferry SeaStreak division president James Barker says in a statement that the company looks forward to continuing the service that commuters rely on.

The sale requires the approval of the U.S. Bankruptcy Court.