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It is a historical icon, as the ferry service is the oldest ferry service in Malaysia, it began operation in 1920. (http://en.wikipedia.org/wiki/Penang_Ferry_Service)
Guan Eng: Ferry service can be profitable (From The Star Online)
BUTTERWORTH: The ferry service could be run profitably, but to do that Penang Port Sdn Bhd (PPSB) would need a management shake-up.
Chief Minister Lim Guan Eng said the state government was confident there was a profit to be made from the service.
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PPSB had recently proposed scrapping the ferry service, claiming it could no longer sustain the heavy losses which ran into millions of ringgit.
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Read report on The Star Online http://www.nst.com.my/Current_News/NST/Monday/National/2231730/Article/index_html
The Penang Port website on the ferry services. http://www.penangport.com.my/english/facilities/ferry_cruise.htm
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