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High speed gas turbine-powered passenger craft that operates on foils, built by Boeing Marine in Renton Washington. Provided scheduled passenger service between Seattle and Victoria beginning in 1980. In 1985, the operation was taken over by Flying Princess Transportation Company and then sold to Japanese interests.

Originally a Victoria-based towing company established by Harold Elworthy in 1924, the company acquired the large towing vessel Sudbury, a converted corvette, in 1954 that was BC’s most famous tug. It acquired another towing company, Young & Gore, in 1965 and Victoria Tug Company in 1958. McAllister Towing of Montreal purchased Island Tug in 1960 and then, in 1961, Griffiths Steamship Company. In 1969, Genstar Ltd. acquired Island Tug & Barge and in 1970 merged Vancouver Tug Boat Company and Island Tug to become Seaspan International.

Born in England, Edward Izard started working for Yarrows Shipbuilders in Scotland at the age of 18 and was trained in then new technologies including marine turbines. He came to Esquimalt in 1914 as the assistant manager when the shipyard had been purchased by Sir Alfred Yarrow. Edward Izard became General Manager and remained with the shipyard until 1957.