Superferry Pulling Out of Hawaii

HONOLULU (KHNL) - Looks like the State Court decision is spelling doom for the Superferry.  Owners announced Tuesday morning they're canceling Hawaii Superferry service.

They say they are pulling out of the islands for economical reasons.  They estimate losses at $650,000 a week as it sits idle in Honolulu Harbor.

Superferry will likely move to a new port where it can carry passengers without being bogged down in court.