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Displaying items by tag: 1st Quarter, 2024

The Irish Continental Group (ICG), the parent company of Irish Ferries, has reported revenues of €177 million for the first quarter of this year; this reflects an increase of 8.3% when compared with the same time last year.

In a trading update for the Dublin-headquartered ICG for the four months to the end of April, the maritime transport operator said that total revenues at its division, Irish Ferries, had rose by 12% to €119.7 million from €106.9m million at the same time last year.

In the period for the year, up to 4 May, Irish Ferries, which operates on routes to the UK and France and UK-France, said it carried a total of 153,200 cars, an increase of 21.2% on the 126,400 cars carried during the same time last year.

As for freight volumes, they rose by 16.5% to 262,500 roll-on/roll-off (RoRo) units from 225,400 units for the year 2023.

For more on ICG’s trading update on Thursday, RTE News reports, which include load-on/load-off (LoLo) figures for revenues at ICG's Container and Terminal Divisions, DFT and BFT.

Published in Irish Ferries

William M Nixon has been writing about sailing in Ireland and internationally for many years, with his work appearing in leading sailing publications on both sides of the Atlantic. He has been a regular sailing columnist for four decades with national newspapers in Dublin, and has had several sailing books published in Ireland, the UK, and the US. An active sailor, he has owned a number of boats ranging from a Mirror dinghy to a Contessa 35 cruiser-racer, and has been directly involved in building and campaigning two offshore racers. His cruising experience ranges from Iceland to Spain as well as the Caribbean and the Mediterranean, and he has raced three times in both the Fastnet and Round Ireland Races, in addition to sailing on two round Ireland records. A member for ten years of the Council of the Irish Yachting Association (now the Irish Sailing Association), he has been writing for, and at times editing, Ireland's national sailing magazine since its earliest version more than forty years ago