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Displaying items by tag: Increased Cost

An increase in a budget set by the Irish Government for a new Multi-Role Vessel (MRV) to serve the Naval Service, which will easily be the largest ship in the State’s history, in now to cost €300m.

The Department of Defence, according to The Journal.ie which also reported last week, was set to release documents associated with the MRV’s tender process of the planned newbuild. This will allow the Naval Service to be better equipped in responding to large-scale humanitarian crises.

Documents about the MRV, a first for Naval Service operations, have since been released on a European Union portal, where they reveal a flexible vessel to carry out maritime tasks for domestic and overseas including the ability to transport personnel for operational roles.

The project for the new vessel known as a Prior Information Notice, show documents that permit prospective shipbuilders to examine the project in advance of a full tender which will be released later in the year.

Prior to the original budgeted amount for the MRV, suggestions had put the cost of the project at €200m but that has now been significantly increased by additional €100m.

According to numerous security sources, they say that the increased budget allocated to the MRV project would be based on a more capable ship, with enhanced facilities than had been first envisaged. Among the functions of the auxiliary, would consist a helicopter deck, hospital, freight cargo provision, tanker role (for bunkering) and roll-on-roll to transport vehicles.

Tánaiste Micheál Martin, Minister for Defence and Foreign Affairs, said in the Dáil last year that the ship would replace the Naval Service former flagship LÉ Eithne, which as Afloat reported in the same year, saw the Helicopter Patrol Vessel (HPV) decommissioned.

More here on the plan for the naval newbuild, with a design to be based among them a Dutch Navy auxiliary, HNLMS Karel Doormen which visited Belfast Harbour at the weekend and has since departed.

Published in Navy

Newly appointed Isle of Man Steam Packet MD says securing the Liverpool ferry route is vital.

As Manx Radio reports, the excessive cost of the new ferry terminal in Liverpool is worrying but will be worth it to secure the future of the Merseyside route.

That's the view of the Steam Packet Company's new managing director after it was announced an additional £13.8m is needed for the project.

It takes the spend to more than £52m - the construction is being overseen by the Department of Infrastructure rather than the ferry operator.

But Brian Thomson says all Manx residents have a right to be concerned. 

Click this link to listen to a podcast from the MD including news of the finally reopened Irish route to Dublin Port.   

Published in Ferry

Ferry & Car Ferry News The ferry industry on the Irish Sea, is just like any other sector of the shipping industry, in that it is made up of a myriad of ship operators, owners, managers, charterers all contributing to providing a network of routes carried out by a variety of ships designed for different albeit similar purposes.

All this ferry activity involves conventional ferry tonnage, 'ro-pax', where the vessel's primary design is to carry more freight capacity rather than passengers. This is in some cases though, is in complete variance to the fast ferry craft where they carry many more passengers and charging a premium.

In reporting the ferry scene, we examine the constantly changing trends of this sector, as rival ferry operators are competing in an intensive environment, battling out for market share following the fallout of the economic crisis. All this has consequences some immediately felt, while at times, the effects can be drawn out over time, leading to the expense of others, through reduced competition or takeover or even face complete removal from the marketplace, as witnessed in recent years.

Arising from these challenging times, there are of course winners and losers, as exemplified in the trend to run high-speed ferry craft only during the peak-season summer months and on shorter distance routes. In addition, where fastcraft had once dominated the ferry scene, during the heady days from the mid-90's onwards, they have been replaced by recent newcomers in the form of the 'fast ferry' and with increased levels of luxury, yet seeming to form as a cost-effective alternative.

Irish Sea Ferry Routes

Irrespective of the type of vessel deployed on Irish Sea routes (between 2-9 hours), it is the ferry companies that keep the wheels of industry moving as freight vehicles literally (roll-on and roll-off) ships coupled with motoring tourists and the humble 'foot' passenger transported 363 days a year.

As such the exclusive freight-only operators provide important trading routes between Ireland and the UK, where the freight haulage customer is 'king' to generating year-round revenue to the ferry operator. However, custom built tonnage entering service in recent years has exceeded the level of capacity of the Irish Sea in certain quarters of the freight market.

A prime example of the necessity for trade in which we consumers often expect daily, though arguably question how it reached our shores, is the delivery of just in time perishable products to fill our supermarket shelves.

A visual manifestation of this is the arrival every morning and evening into our main ports, where a combination of ferries, ro-pax vessels and fast-craft all descend at the same time. In essence this a marine version to our road-based rush hour traffic going in and out along the commuter belts.

Across the Celtic Sea, the ferry scene coverage is also about those overnight direct ferry routes from Ireland connecting the north-western French ports in Brittany and Normandy.

Due to the seasonality of these routes to Europe, the ferry scene may be in the majority running between February to November, however by no means does this lessen operator competition.

Noting there have been plans over the years to run a direct Irish –Iberian ferry service, which would open up existing and develop new freight markets. Should a direct service open, it would bring new opportunities also for holidaymakers, where Spain is the most visited country in the EU visited by Irish holidaymakers ... heading for the sun!