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The new head of TT-Line has identified rising fuel costs as one of the biggest challenges facing Tasmania's two Bass Strait passenger ferries.
Charles Griplas took over as chief executive in March, after 12 years with Peter Simmons at the helm.
Mr Griplas says he is confident the Spirit of Tasmania ferry services can continue to generate a profit.
However the 41 year-old says the company does face several challenges.
"The tourist market is very competitive, economic sentiment has a large part to play in that," he said.
"Also rising fuel cost and rising cost of maintenance and just general costs of production are high.
"And they're the challenges we face but we'll meet them and hopefully we'll deliver a better service and produce to our customers."
Charles Griplas took over as chief executive in March, after 12 years with Peter Simmons at the helm.
Mr Griplas says he is confident the Spirit of Tasmania ferry services can continue to generate a profit.
However the 41 year-old says the company does face several challenges.
"The tourist market is very competitive, economic sentiment has a large part to play in that," he said.
"Also rising fuel cost and rising cost of maintenance and just general costs of production are high.
"And they're the challenges we face but we'll meet them and hopefully we'll deliver a better service and produce to our customers."
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