Transport for London has confirmed plans for a new ferry service for pedestrians and cyclists between Rotherhithe and Canary Wharf in east London.
Plans for a pedestrian and cycling bridge across the Thames in the same location were dropped last summer after the estimated cost soared £120m-£180m in November 2017 to £463m in March 2019.
The ferry would connect the borough of Southwark on the south bank and Tower Hamlets on the north.
Consultants are assessing pier locations, ferry design and operational models. Consultant Steer is assessing the operating models, including whether sponsorship and subsidy of the service could be used to make it free to customers.
Public consultation on the final proposals should take place this summer and the intention is to launch the service next year.
TfL says the ferry would link directly into wider walking and cycling routes.
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