Displaying items by tag: West Cork CoOp Tourism Ltd
1st November 2011
High Court Appoint Examiner to Cork-Swansea Operator
#Ferry – The High Court has appointed an interim examiner to the Fastnet Line group of companies, which operates the M.V. Julia (1981/22,161grt) on the Cork-Swansea ferry service, according to report on RTE.ie
The 154m German built ferry which can take 1,500 passengers and 325 cars is to discontinue its full published service with immediate effect. The next sailing was to be this Thursday with an outward sailing from (Ringaskiddy) Cork Harbour. A statement said all booked passengers would be contacted in the coming days, and full refunds would be issued.
Mr Justice Peter Kelly appointed Michael McAteer of Grant Thornton interim examiner at a sitting of the High Court. Mr McAteer will present a progress report to the court on November 15.
The Fastnet Line companies are owned by the West Cork Tourism Co-Operative Society Limited, which was formed in April 2009. Over 400 members have invested funds in the venture which started in March 2010 following the closure of Swansea Cork Ferries which ran on the route until 2006.
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