MV Lady Martha before entering service. MV Lady Martha MV "Lady Martha" is a high speed catamaran ferry operated by Hy-Line Cruises out of Hyannis, Massachusetts. "Lady Martha" was built by Gladding-Hearn Shipbuilding and was delivered as "Grey Lady II" in 1997, the second vessel of the name to operate for Hy-Line between Hyannis and Nantucket Island. She remained in this service until 2003, when she was replaced by . She was leased to an operator on the US West Coast for several years before returning to Hy-Line in 2005 to operate between Hyannis and Oak Bluffs on Martha's Vineyard, receiving interior modifications
Martha's Vineyard The Island's population increased from 14,987 to 16,535. A study by the Martha's Vineyard Commission found that the cost of living on the island is 60 percent higher than the national average, and housing prices are 96 percent higher. A study of housing needs by the Commission found that the average weekly wage on Martha's Vineyard was "71 percent of the state average, the median home price was 54 percent above the state's and the median rent exceeded the state's by 17 percent". Originally inhabited by the Wampanoag people, Martha's Vineyard was known in the Massachusett language as "Noepe", or