NY Waterway, a company that provides ferry shuttles from Northern New Jersey coastal towns to Manhattan, has announced a fare increase of 25% for the Edgewater ferry. Citing rising fuel costs the fare increase will go into effect January 1, 2008 raising one-way tickets from $8 to $10. Other ferry routes will see similar increases. Commuting by NY Waterway is already significantly more expensive than commuting by NJ Transit bus, which serves nearly all the same towns. This increase will make taking the ferry even more of a luxury.