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Displaying items by tag: Profits Hit

Irish Ferries parent company Irish Continental Group has reported a drop in revenues and earnings for the first six months of the year amid a challenging background of depressed economic activity and travel restrictions imposed across the EU because of the Covid-19 pandemic.

ICG said this had led to a significant reduction in passenger traffic, however freight activity across the group has been less affected.

Revenues for the six months to the end of June decreased by 21.6% to €130.8m from €166.8m the same time last year, while EBITDA sank by 66.7% to €10m from €30m.

ICG, which owns Irish Ferries, posted a loss before tax of €11.2m compared with a profit before tax of €24.9m the same time last year.

The company said the trading conditions faced by the group since March, particularly in its passenger business, have been the most challenging encountered in its 32 year history.

More here RTE News reports on this story. 

Published in Ferry

Marine Wildlife Around Ireland One of the greatest memories of any day spent boating around the Irish coast is an encounter with marine wildlife.  It's a thrill for young and old to witness seabirds, seals, dolphins and whales right there in their own habitat. As boaters fortunate enough to have experienced it will testify even spotting a distant dorsal fin can be the highlight of any day afloat.  Was that a porpoise? Was it a whale? No matter how brief the glimpse it's a privilege to share the seas with Irish marine wildlife.

Thanks to the location of our beautiful little island, perched in the North Atlantic Ocean there appears to be no shortage of marine life to observe.

From whales to dolphins, seals, sharks and other ocean animals this page documents the most interesting accounts of marine wildlife around our shores. We're keen to receive your observations, your photos, links and youtube clips.

Boaters have a unique perspective and all those who go afloat, from inshore kayaking to offshore yacht racing that what they encounter can be of real value to specialist organisations such as the Irish Whale and Dolphin Group (IWDG) who compile a list of sightings and strandings. The IWDG knowledge base has increased over the past 21 years thanks in part at least to the observations of sailors, anglers, kayakers and boaters.

Thanks to the IWDG work we now know we share the seas with dozens of species who also call Ireland home. Here's the current list: Atlantic white-sided dolphin, beluga whale, blue whale, bottlenose dolphin, common dolphin, Cuvier's beaked whale, false killer whale, fin whale, Gervais' beaked whale, harbour porpoise, humpback whale, killer whale, minke whale, northern bottlenose whale, northern right whale, pilot whale, pygmy sperm whale, Risso's dolphin, sei whale, Sowerby's beaked whale, sperm whale, striped dolphin, True's beaked whale and white-beaked dolphin.

But as impressive as the species list is the IWDG believe there are still gaps in our knowledge. Next time you are out on the ocean waves keep a sharp look out!