Irish Continental Irish Continental Group Plc Announces Further Delay To W.B. Yeats

 
TIDMICGC 
 
 
   Irish Continental Group Plc (ICG) subsidiary Irish Ferries Regrets to 
Announce Further Delay to W.B. Yeats 
 
 
   -- German shipbuilder, Flensburger Schiffbau-Gesellschaft & Co.KG (FSG), has 
      advised Irish Ferries of a further delay to the delivery of the W.B. 
      Yeats 
 
   -- New ship was due to commence sailings between Ireland and France from the 
      30th July 2018 
 
 
   Irish Ferries regrets to announce that, due to extraordinary 
circumstances beyond its control, the delivery of the W.B. Yeats has 
been further delayed by FSG. Irish Ferries has unsuccessfully attempted 
to charter in a suitable replacement ship. Due to the uncertainty caused 
by this additional delay, Irish Ferries has no option but to cancel all 
the planned sailings to France for W.B. Yeats this Summer, with the ship 
now likely to commence sailing with Irish Ferries on Dublin / Holyhead 
in September. Irish Ferries is contacting affected customers this 
afternoon to inform them of the cancellations, offer them alternative 
travel options, and apologise for the disruption to their travel 
arrangements. 
 
   Approximately 6,000 bookings will be impacted by this issue. Customers 
affected are being offered a number of alternative travel options e.g. 
alternative direct sailings on the Oscar Wilde; or a 'land-bridge' 
option of sailing to the UK (from either Dublin or Rosslare) and then to 
France  (Customers who choose the land-bridge option, will also be 
reimbursed the cost of their fuel requirements from the port of arrival 
in the UK to the port of arrival in France).  If alternative travel 
arrangements do not suit, customers will, of course, be entitled to a 
full and immediate refund of all monies paid. 
 
   Irish Ferries was previously forced to cancel July sailings for the W.B. 
Yeats when they were informed in April by FSG, of the initial delay. 
Approximately 2,500 bookings were impacted by the earlier cancellation, 
however, 95% of those chose to switch to Irish Ferries' other cruise 
ferry, the Oscar Wilde. 
 
   Irish Ferries very much regrets the inconvenience these cancellations 
cause our customers and hopes that as many as possible will choose to be 
accommodated via the company's alternative arrangements and continue 
with their holiday plans. We will offer each customer a EUR150 
electronic voucher which can be used on the Irish Ferries Ireland-France 
route next year. 
 
   END 
 
   Enquiries: 
 
   Irish Continental Group plc 
 
   Eamonn Rothwell, CEO:            +353 1 607 5628 
 
   David Ledwidge, CFO:               +353 1 607 5628 
 
   For media enquiries:                  Gerry O'Sullivan Q4 Communications 
+353 1 4751444

(END) Dow Jones Newswires

June 12, 2018 09:25 ET (13:25 GMT)

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