ICG Invests €165.2m in New Ship for Irish Ferries

ICG Invests €165.2m in New Ship for Irish Ferries

Irish Continental Group (ICG) is investing €165.2 million in a new cruise ferry that will operate on the Irish Ferries Dublin-Holyhead route. The new vessel will be able to accommodate 1,800 passengers and crew, with capacity for 330 freight units per sailing. 

The ferry is expected to be delivered by mid-2020 and, once in operation, will be the largest cruise ferry in the world in terms of vehicle capacity. It is expected to replace the schedule of the MV Ulysses, which in turn will replace the currently chartered vessel MV Epsilon in the Irish Ferries fleet.

This will allow for the deployment of the W.B. Yeats (due to arrive in mid-2018) full-time on the direct Ireland-France route alongside the MV Oscar Wilde.

German company Flensburger Schiffbau will complete the build of the new vessel, with 20% of the contract price paid in instalments during the construction phase. The remaining 80% will be paid on delivery, and ICG will borrow to finance the build.

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *


NEIL STEEDMAN has been a trade journalist, copywriter, editor and proofreader for 52 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 42 years.

More in News

Blue Insurance Acquired by Cover-More Group of Australia

Neil SteedmanJuly 22, 2018

CAR Issues Regulation Notice Regarding Sindaco Ltd

Neil SteedmanJuly 20, 2018

Three Airports Welcome Norwegian 2019 Summer Schedule

Neil SteedmanJuly 20, 2018

Aegean Airlines is Skytrax Best Regional Airline in Europe 2018

Michael FloodJuly 20, 2018

Bangkok from €549, Sydney from €1,120 in Emirates July Sale

Neil SteedmanJuly 18, 2018

Lufthansa to Go Five Daily on Dublin-Frankfurt

Neil SteedmanJuly 18, 2018

Singapore Airlines Voted World’s Best Airline at Skytrax Awards

Neil SteedmanJuly 18, 2018

Finnair Extends ATTS Contract to Represent Airline in Northern Ireland

Michael FloodJuly 17, 2018

George Best to Overlook Donegall Square from New Belfast Hotel Rooftop

Neil SteedmanJuly 17, 2018

Copyright © 2016 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland