Launched in November 2007, Cotai Water Jet is a premium high-speed ferry service between Hong Kong and Macao. As of Dec 2017, the maritime jet fleet has serviced more than 67 million passengers and in 2017 averaged approximately 94 daily sailings. Its 14 custom-built catamarans have the capacity to carry more than 400 passengers each and operate at top speeds of approximately 42 knots. Passengers on Cotai Water Jet have a choice of three classes of service as well as direct sailings between ports in Macao, Taipa, Hong Kong, Kowloon and Hong Kong International Airport, thus providing an important transportation option for both locals and visitors to Macao. The Cotai Water Jet service is managed and operated on behalf of owner Sands China Ltd. by Chu Kong High Speed Ferry Co. Ltd. of Hong Kong.