Displaying items by tag: Company closes

11th January 2023

Rathlin Island Ferry Company Closes Down Route to Ballycastle Harbour

The ferry operator which serves Rathlin Island off the Antrim coast has ceased trading due to "financial difficulty".

Rathlin Island Ferry Limited which operates between Rathlin Island and Ballycastle Harbour, in a Directors statement expressed "regret" as it announced that its last sailing (today, 11 January) will depart the mainland at 16.00 GMT.

The company using a fast-craft catamaran and car-ferry, added that an insolvency practitioner has been appointed to place the firm into liquidation.

The six-mile route is where RIFL had operated on behalf of the Department for Infrastructure which Afloat adds awarded a contract to Arklow Marine Services to build a car-ferry. The 6 vehicle ferry, Spirit of Rathlin entered service in 2017.

According to a DFI spokesperson, they were notified on Wednesday that the company was to cease trading with immediate effect.

The closure of RIFL follows strike action by ferry workers over pay and conditions which led to sailings cancelled. In addition weeks of engagement were held between the Department for Infrastructure and the ferry operator about the contract and the company's financial position.

The DFI spokesperson also added that it recognised the importance of the ferry service for the local community.

The Island has a population of around 150 residents.

BBC News NI has more details of the company's closure and response from local politicians.

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