Irish Continental Cruise Ferry W.B.Yeats Delivered To Irish Continental Group Plc
December 12 2018 - 12:10PM
UK Regulatory
TIDMICGC
Irish Continental Group plc - Company Announcement
Cruise Ferry W.B.Yeats Delivered to Irish Continental Group plc
Irish Continental Group plc ("ICG") is pleased to announce that the
cruise ferry W.B.Yeats was delivered today to ICG at Flensburg, Germany.
The W.B.Yeats was built by the German shipbuilder Flensburger
Schiffbau-Gesselschaft & Co.KG at a contract price of EUR144 million.
The W.B.Yeats will accommodate 1,800 passengers, offering 440 spacious
cabins including luxury suites. Deck space can accommodate 2,800 lane
metres of freight (165 freight vehicles) plus an additional dedicated
car deck with capacity for 300 passenger cars.
The W.B.Yeats incorporates emissions scrubber technology (not included
in the above contract price) and ballast water systems which meets
current and known future environmental regulations and will deliver
optimal fuel consumption while minimising related costs.
The W.B.Yeats has been designed to best meet the operational seasonality
of our Irish Ferries business. This flexibility in design includes the
ability to service all of Irish Ferries existing routes between Ireland,
France and Britain. The W.B.Yeats will also adhere to Ice Class
specification which will allow for a wide geographic area of operation
should opportunities arise.
The W.B.Yeats will now undergo commissioning with Irish Ferries and is
expected to commence services initially on the Dublin to Holyhead route
in early January 2019 before switching to Dublin to France route in
March 2019.
Referring to the announcement Eamonn Rothwell, Chief Executive Officer,
commented that;
"This is the first of two new builds commissioned by ICG with a total
contracted investment of EUR315 million. The second vessel is expected
to be delivered during 2020. This investment will increase the tourism
and freight capacity on the seamless connections from Ireland to the UK
and Continent which are a vital part of Ireland's tourism access and
logistical chain. ICG looks forward to the expected significant
operational and financial benefits following commencement of W.B.Yeats
scheduled services in 2019."
12 December 2018
END
Enquiries:
Investor
Eamonn Rothwell, CEO Tel +353 1 607 5628
David Ledwidge, CFO Tel +353 1 607 5628
Media
Nuala Buttner at Q4PR Tel +353 4751444
nuala@q4pr.ie
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Sarah Corr at Q4PR Tel +353 1 4751444
sarah.corr@q4pr.ie
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(END) Dow Jones Newswires
December 12, 2018 12:10 ET (17:10 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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