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Stena Line are to reduce its HSS fast-ferry between Dun Laoghaire Harbour and Holyhead next month, according to RTE.ie
The decision by the company for pulling the HSS Stena Explorer from service was because of the high operating costs and that "it traded at a financial loss for several years". The central corridor route generated much of its turnover between May and September.

Stena Line said the fast craft service would operate until 13th September and would then be suspended until the 2012 season. Two conventional ferries will continue to operate year-round on the company's neighbouring route between Dublin Port and Holyhead.

Stena said it hoped to start the service again in April or May although no decision has been made on an exact date.

Area Director for Stena Line's business on the Irish Sea Michael McGrath said: "Despite all our attempts to reduce operating costs over the last few years, it has not been possible to return the route to profitability.

"We regret that this decision will have an impact amongst our ship's personnel and our port operations staff in Dun Laoghaire but this is a decision that has to be taken for the benefit of the overall business. We simply cannot continue to sustain these levels of financial losses.

"We will now embark on a period of consultation with our staff and their union representatives to discuss the implications of the proposed changes with them."

Stena says it hope to start the service again in April or May, although no decision has been made on an exact date. It is believed around 53 staff will be affected by the decision.

Published in Ferry

About the Loughs Agency

The Loughs Agency is a governmental body established under the 1998 Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of Ireland. The Agency's goal is to provide sustainable social, economic, and environmental benefits by effectively conserving, managing, promoting, and developing the fisheries and marine resources of the Foyle and Carlingford areas.

The Agency's governing legislation confers several specific functions, including the promotion of development of Lough Foyle and Carlingford Lough for commercial and recreational purposes in respect of marine, fishery, and aquaculture matters. Moreover, the Agency is responsible for managing, conserving, protecting, improving, and developing the inland fisheries of the Foyle and Carlingford areas. Additionally, the Agency has the task of developing and licensing aquaculture, as well as the development of marine tourism.

The Loughs Agency reports to the North South Ministerial Council and its government Sponsor Departments, the Department of Agriculture, Environment and Rural Affairs (DAERA) in Northern Ireland, and the Department of the Environment, Climate, and Communications (DECC) in Ireland. The Departments fund the Agency on an equal basis.

The Loughs Agency's focus on sustainable development is expected to have a positive impact on the economy, environment, and local communities in the Foyle and Carlingford areas. The Agency's efforts to conserve and enhance the region's marine resources, including fisheries and aquaculture, are expected to benefit local communities, promote tourism, and contribute to economic growth.

In conclusion, the Loughs Agency plays a vital role in promoting the sustainable social, economic, and environmental development of the Foyle and Carlingford areas. Its work on marine conservation and development is crucial in ensuring the long-term viability of the region's natural resources and in promoting sustainable economic growth.