US-based boat company Star Line Mackinac Island Ferry has agreed to purchase various Arnold Line passenger service assets from Arnold Transit Company for an undisclosed sum.
The acquisition follows Arnold Transit Company’s decision to end all of its passenger ferry services.
Under the deal, Star Line Mackinac Island Ferry will buy five ferries, one freight boat, and four docks, including the main dock on Mackinac Island, Michigan, US, from Arnold Transit Company.
The deal also includes one boatyard, along with parking lots and ticket booths in Michigan’s Mackinaw City and St Ignace.
Star Line Mackinac Island Ferry CEO Jerry Fetty said: "Star Line is looking forward to increasing and improving options for our passengers while keeping the historic boats and properties that families have grown to love over the years, operational.
"By combining the assets of Arnold Line into Star Line's operations, we will be able to provide the best possible service and experience for islanders and visitors to Mackinac Island.”
Upon completion of the deal, Star Line Mackinac Island Ferry will operate Arnold’s Huron vessel, a steel hull passenger ferry that has been transporting residents and visitors to Mackinac Island during the winter months since 1955.
Additionally, all Arnold Line assets to be purchased from the Arnold Transit Company will operate under the name of Star Line Mackinac Island Ferry.
Star Line Mackinac Island Ferry, which currently ferries dignitaries, islanders, visitors and goods to Mackinac Island, is planning to improve the Arnold Line boats in order to serve its customers better.