News

Irish Continental Group to Sell the Jonathan Swift

Irish Continental Group to Sell the Jonathan Swift

Irish Continental Group has entered into a Memorandum of Agreement for the sale of the high-speed craft ‘Jonathan Swift’ to Balearia Eurolineas Maritimas SA.

The agreed consideration of €15.5 million less brokers commission is payable in cash on delivery less a 10% deposit to be held in escrow. The vessel is to be delivered by the end of April 2018.

The Jonathan Swift, which was commissioned by and delivered to ICG in 1999, has since operated on the company’s Dublin-Holyhead route. The vessel will be replaced in the fleet by the 2001-built high-speed craft ‘Westpac Express’, which was recently redelivered following a period of 20 months on external charter. She is currently undergoing a refurbishment programme to bring her up to Irish Ferries’ passenger service standards.

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Your email address will not be published.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

Qatar Airways Increases Shareholding in IAG to 25.1%

Neil SteedmanFebruary 20, 2020

TCI Reveals Top 10 Long-Haul and Short-Haul Booking Lists

Neil SteedmanFebruary 20, 2020

ITTN’s Top Travel Deals – 20th February 2020

Neil SteedmanFebruary 20, 2020

Coronavirus Update: Passengers Leave the Diamond Princess, ITB China Cancelled

Neil SteedmanFebruary 20, 2020

Summer Family Fun Offers on Haven Family Holidays with Irish Ferries

Neil SteedmanFebruary 20, 2020

Royal Caribbean International Signs Agreement with Antigua and Barbuda

Michael FloodFebruary 20, 2020

Galgorm Spa & Golf Resort to Host Spa Life Ireland

Michael FloodFebruary 20, 2020

FAMILY SALE NOW ON

Neil SteedmanFebruary 19, 2020

MAKING THE MONTH OF LOVE EVEN LOVELIER

Neil SteedmanFebruary 19, 2020

Copyright © 2019 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland