News

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Your email address will not be published.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 *

News

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

Aer Lingus Unveils Brand Refresh with A330-300 in New Livery

Neil SteedmanJanuary 18, 2019

Irish Cruise Market Grew 8.8% in January-September Period – CLIA

Neil SteedmanJanuary 17, 2019

CAR Advises Trade on Aviation Licences in Event of No Deal Brexit

Neil SteedmanJanuary 17, 2019

Ryanair Holidays is “Discontinuing” Its Service

Neil SteedmanJanuary 17, 2019

Great Value Travel Deals – 17th January 2019

Neil SteedmanJanuary 17, 2019

Shannon Airport Welcomes Opportunity to Extend US Preclearance Facilities

Neil SteedmanJanuary 17, 2019

Finnair to Fly to Sapporo in Japan

Michael FloodJanuary 17, 2019

Dublin Airport Sets New Passenger Record in 2018

Michael FloodJanuary 17, 2019

Turkish Airlines Bowling Tournament Excitement Has Begun

Michael FloodJanuary 17, 2019

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