The Supercat Fast Ferry and Weesam Express make the trip from Ormoc to Cebu. Supercat fare is around 750 pesos and Weesam charges 630 pesos for the same trip.
They both clip right along but Supercat has food and stewardesses but you have to pay for the food if you want it. Supercat also has an air conditioned waiting area but Weesam does not.
There is an air conditioned internet cafe just up the street where you can spend some time in comfort waiting for the ferry.
Being a confirmed "Cheap Charlie" I take the Weesam and spend the money I saved at the internet and buying some oranges "ponkan" and lechon from the street vendors. 120 pesos adds up after a few trips.
The Weesam also has a viewing deck where you can breath fresh air but you are locked in on the Super Cat.
Here are some pictures leaving the docks in Leyte and passing between Cebu and Mactan Island under the Mactan Bridge. It can be an enjoyable trip of just over 2 hours.
Weesam Express sailing schedule
Ormoc to Cebu
8:05 AM
1:45 PM
7:30 PM