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Your email address will not be published.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

Ethiopian Airlines Pulls Dublin flights to Los Angeles

Michael FloodOctober 21, 2018

Four Province Winners of ITTN Travel Agency of the Year Awards Announced

Neil SteedmanOctober 18, 2018

Cobalt Air Cancels All Flights Due to “Indefinite Suspension” of Operations

Neil SteedmanOctober 18, 2018

Flight Check: Dublin-Doha-Bangkok with Qatar Airways

Neil SteedmanOctober 18, 2018

IMFT 2018 Shines a Light on Thailand’s Thriving MICE Scene

Fergal McAlindenOctober 18, 2018

The Sky’s the Limit as Mount Charles Announces £30m BIA Contract Deal

Michael FloodOctober 18, 2018

Leitrim Leads the Way in Slow Adventure Tourism

Michael FloodOctober 18, 2018

Nordic Business Class Service Enhancements

Neil SteedmanOctober 17, 2018

Introducing the Traditional ‘Kahvikutsut’

Neil SteedmanOctober 17, 2018


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