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Channel Islands Operator Condor Ferries Sale 'Imminent'

25th June 2019
The main Channel Islands ferry Commodore Clipper AFLOAT has indentified berthed in St. Peter Port, Guernsey where owners Condor is based. The ropax is seen above with refrigerated containers which are used to transport potatoes 'Jersey Royals' (see link below) for export to the UK mainland and beyond. The 'Clipper' is a larger version of the Isle of Man Steam Packet's Ben-My-Chree. The main Channel Islands ferry Commodore Clipper AFLOAT has indentified berthed in St. Peter Port, Guernsey where owners Condor is based. The ropax is seen above with refrigerated containers which are used to transport potatoes 'Jersey Royals' (see link below) for export to the UK mainland and beyond. The 'Clipper' is a larger version of the Isle of Man Steam Packet's Ben-My-Chree. Credit: Condor Ferries

Brittany Ferries is reportedly considering buying Channel Islands based operator Condor Ferries.

The French company which operates ferries between the UK, France and Spain, has confirmed to ITV News an announcement is expected later today (yesterday, 24 June).

The owner of Condor Ferries, Macquarie, announced last year it was looking for buyers for the operator which sails between the UK, Channel Islands and France.

French media have reported Brittany Ferries has received a mandate from its shareholders to come up with a purchase plan, but that it would be reliant on other co-investors.

Macquarie purchased Condor Ferries in 2008 for an undisclosed sum thought to be around £260m though today has declined to comment on the development.

Speaking last year, when the prospect of a sale emerged, the CEO of Condor Ferries, Paul Luxon, said a sale would have no effect on the operation of the ferry service.

Afloat adds the fleet of Condor comprises of two high-speed ferries, a conventional ferry (Commodore Clipper) in addition to a freight-only ferry.

Published in Ferry
Jehan Ashmore

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Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals. 

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Ferry & Car Ferry News The ferry industry on the Irish Sea, is just like any other sector of the shipping industry, in that it is made up of a myriad of ship operators, owners, managers, charterers all contributing to providing a network of routes carried out by a variety of ships designed for different albeit similar purposes.

All this ferry activity involves conventional ferry tonnage, 'ro-pax', where the vessel's primary design is to carry more freight capacity rather than passengers. This is in some cases though, is in complete variance to the fast ferry craft where they carry many more passengers and charging a premium.

In reporting the ferry scene, we examine the constantly changing trends of this sector, as rival ferry operators are competing in an intensive environment, battling out for market share following the fallout of the economic crisis. All this has consequences some immediately felt, while at times, the effects can be drawn out over time, leading to the expense of others, through reduced competition or takeover or even face complete removal from the marketplace, as witnessed in recent years.

Arising from these challenging times, there are of course winners and losers, as exemplified in the trend to run high-speed ferry craft only during the peak-season summer months and on shorter distance routes. In addition, where fastcraft had once dominated the ferry scene, during the heady days from the mid-90's onwards, they have been replaced by recent newcomers in the form of the 'fast ferry' and with increased levels of luxury, yet seeming to form as a cost-effective alternative.

Irish Sea Ferry Routes

Irrespective of the type of vessel deployed on Irish Sea routes (between 2-9 hours), it is the ferry companies that keep the wheels of industry moving as freight vehicles literally (roll-on and roll-off) ships coupled with motoring tourists and the humble 'foot' passenger transported 363 days a year.

As such the exclusive freight-only operators provide important trading routes between Ireland and the UK, where the freight haulage customer is 'king' to generating year-round revenue to the ferry operator. However, custom built tonnage entering service in recent years has exceeded the level of capacity of the Irish Sea in certain quarters of the freight market.

A prime example of the necessity for trade in which we consumers often expect daily, though arguably question how it reached our shores, is the delivery of just in time perishable products to fill our supermarket shelves.

A visual manifestation of this is the arrival every morning and evening into our main ports, where a combination of ferries, ro-pax vessels and fast-craft all descend at the same time. In essence this a marine version to our road-based rush hour traffic going in and out along the commuter belts.

Across the Celtic Sea, the ferry scene coverage is also about those overnight direct ferry routes from Ireland connecting the north-western French ports in Brittany and Normandy.

Due to the seasonality of these routes to Europe, the ferry scene may be in the majority running between February to November, however by no means does this lessen operator competition.

Noting there have been plans over the years to run a direct Irish –Iberian ferry service, which would open up existing and develop new freight markets. Should a direct service open, it would bring new opportunities also for holidaymakers, where Spain is the most visited country in the EU visited by Irish holidaymakers ... heading for the sun!