Page 56: of Marine News Magazine (August 2016)

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Vessel Operators 100 ideas, new technologies and change, which can in turn

Hornblower, Inc.

Hornblower may be the industry leader in charter yachts, open the door to new business opportunities. For example, dinner and sightseeing cruises, but co-founder and CEO Hornblower stoked its growth by moving into the ferry

Terry MacRae says he is really in the business of “creating market via a sister company, HMS Global Maritime, now amazing experiences.” That singular focus has enabled him the largest private operator of high-speed passenger/vehicle to take the purchase of a two-yacht charter business and ferries in the U.S., with operations in nine cities, and the grow it over 35 years into a 70-plus ? eet of entertainment nation’s only ? eet of hybrid ferries.

Hornblower scored a huge coup in March, when it won and hospitality vessels catering to tourism, dining, corpo- a ? ve-year, $30 million, up to 20-vessel contract to run rate and special events in a dozen cities. The company em- ploys more than 600 and had sales of $208 million in 2014. Citywide, New York City’s ? rst citywide ferry system in

To continually be ‘amazing’ requires openness to new more than a century. MacRae expects the contract will “It is so hard to get a “We are just one bridge, tunnel or new component of that transit subway built, and the journey helping to make cost is outrageous. But all those connections it’s not hard to get a boat possible.” built and manned with – Cameron Clark, Vice great mariners!”

President & General – Terry MacRae, CEO, Horn- Manager of New York blower Cruises & Events

August 2016 56 MN

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