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Displaying items by tag: Covid Hits 2020

Irish Ferries, owned by the Irish Continental Group, has reported lower revenues and earnings for 2020 due to Covid-19 travel restrictions on its passenger business.

Irish Continental Group said its revenues for the year fell by 22.5% to €277.1m from €357.4m in 2019, while EBITDA slumped 51.5% to €42.1m from €86.8m.

Overall the group generated an operating loss of €10.4m compared to operating profits of €64.9m in 2019.

ICG Chairman John B McGuckian said that 2020 was an exceptionally challenging year for the group due to the restrictions placed on travel due to the Covid-19 pandemic.

But the chairman said that while these restrictions brought large-scale disruption and reductions in its passenger business, the other parts of the business proved resilient throughout the entire year. 

More details reports RTE News here. 

Published in Irish Ferries

About Rosslare Europort

2021 sees Rosslare Europort hitting a new record with a total of 36 shipping services a week operating from the port making it one of the premier Irish ports serving the European Continent. Rosslare Europort is a gateway to Europe for the freight and tourist industries. It is strategically located on the sunny south-east coast of Ireland.

Rosslare is within a 90-minute driving radius of major Irish cities; Dublin, Cork and Limerick. Rosslare Europort is a RoRo, RoPax, offshore and bulk port with three RoRo berths with a two-tier linkspan, we also have a dedicated offshore bulk berth.

Exports in Rosslare Europort comprise mainly of fresh products, food, pharmaceuticals, steel, timber and building supplies. While imports are largely in the form of consumer goods such as clothes, furniture, food, trade vehicles, and electronics.

The entire Europort is bar-swept to 7.2 meters, allowing unrestricted access to vessels with draughts up to 6.5 metres. Rosslare Europort offers a comprehensive service including mooring, stevedoring and passenger-car check-in for RoRo shipping lines. It also provides facilities for offshore, dry bulk and general cargo.

The port currently has twice-daily round services to the UK and direct services to the continent each day. Rosslare Europort has a fleet of Tugmasters service, fork-lift trucks, tractors and other handling equipment to cater for non-standard RoRo freight.