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    Speed comes at a price. Fast craft cost much more to operate than conventional ferries. They burn much more fuel, and much more expensive fuel, to carry much less traffic from A to B. Ergo, they must charge much more to stay in business. Condor are probably charging the going rate for the job, unpalatable as it may seem. The fact that they are still in business when so many other fast craft operators have vanished without trace would seem to demonstrate this.

    Where fast craft have tried to compete with or undercut the competition on price they have gone under. Speed Ferries is the classic example. When they went bankrupt, it transpired that the low rates they had been charging had been unwittingly subsidised by the ports and suppliers at both ends, and by future passengers charged in advance.

    The hovercraft were the ultimate fast craft but sadly were far too expensive to build and operate to even contemplate replacing. All the Hoverspeed Seacats out of Dover disappeared one by one. Two of the three giant Stena HSS ferries are off to a new life in Venezuela where the fuel comes out of the ground and is nice and cheap. The Norman Arrow has come and is about to go in the twinkling off an eye.

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