Buyer found for SeaStreak ferry service

NEW JERSEY 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.

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