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Nova Star ferry service files for bankruptcy in Canada

April 21, 2016

PORTLAND, Maine (AP) — A financially beleaguered ferry service that carried passengers between Maine and Nova Scotia has filed for bankruptcy in Canada.

The Portland Press Herald reports (http://bit.ly/1Qqbq6s ) documents filed in a Halifax, Canada, district court last week say Nova Star Cruises owes more than $15 million to creditors and identifies $142,000 in assets.

Portland is owed more than $77,000, mostly in unpaid port fees totaling almost $58,000. Several Maine companies are owed thousands of dollars.

The court notified creditors of the filing on Wednesday. The first creditors’ meeting is set for May 4 in Yarmouth, Nova Scotia.

The ferry service had problems since its first season in 2014. It left Portland Harbor for good in December after a settlement was reached with its creditors and the ferry’s owner, Singapore Technologies.

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Information from: Portland Press Herald, http://www.pressherald.com

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