On May 5, 2005 Cabinet agreed that a ferry service between Point Fortin and Diego Martin be implemented by the National Infrastructure Development Company Limited (NIDCO).

The primary objective of the project is to provide an alternative mode of transport between the coastal cities of Port of Spain, San Fernando and the Borough of Point Fortin to ease the traffic congestion along the North-South corridor and ultimately the East-West corridor.

In December 2008, the first phase of the service between San Fernando and Port of Spain was launched with three second hand vessels in use (HSC Katia, HSC Milancia and HSC Olivia).  The vessels were utilized until late 2010 at which time they were replaced by a fleet of four new 41m high speed catamarans. The Honourable Minister Jack Warner formally launched the four new fast ferries into service (the HSC Carnival Runner, the HSC Paria Bullet, the HSC Calypso Sprinter and the HSC Trini Flash) in October 2010.

The Water Taxi Service provides a comfortable and hassle-free alternative to all those who are currently dependent on vehicular modes of transport to and from work, and addresses some of the traffic congestion that is currently experienced on the roadways. At present a total of sixteen (16) daily sailings are offered between San Fernando and Port of Spain, and plans are underway to develop physical infrastructure in order to provide services to Point Fortin and Chaguanas as the next phase of expansion.

• New South Terminal

This project consists of a two story terminal building with offices for personnel, ticketing area, cafeteria area, crew room, kitchen area and maintenance area. The southterminal was officially opened by The Honourable Chandresh Sharma- Miniter of Trnasport on Wednesday 4th July 2012 at Flat Rock, San Fernando.