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Displaying items by tag: 1st Quarter, 2024

The Irish Continental Group (ICG), the parent company of Irish Ferries, has reported revenues of €177 million for the first quarter of this year; this reflects an increase of 8.3% when compared with the same time last year.

In a trading update for the Dublin-headquartered ICG for the four months to the end of April, the maritime transport operator said that total revenues at its division, Irish Ferries, had rose by 12% to €119.7 million from €106.9m million at the same time last year.

In the period for the year, up to 4 May, Irish Ferries, which operates on routes to the UK and France and UK-France, said it carried a total of 153,200 cars, an increase of 21.2% on the 126,400 cars carried during the same time last year.

As for freight volumes, they rose by 16.5% to 262,500 roll-on/roll-off (RoRo) units from 225,400 units for the year 2023.

For more on ICG’s trading update on Thursday, RTE News reports, which include load-on/load-off (LoLo) figures for revenues at ICG's Container and Terminal Divisions, DFT and BFT.

Published in Irish Ferries

About Stena Line

Stena Line is one of Europe's leading ferry companies with 37 vessels and 17 routes in Northern Europe operating 25,000 sailings each year. Stena Line is an important part of the European logistics network and develops new intermodal freight solutions by combining transport by rail, road and sea. Stena Line also plays an important role for tourism in Europe with its extensive passenger operations. The company is family-owned, was founded in 1962 and is headquartered in Gothenburg. Stena Line has 4,300 employees and an annual turnover of 14 billion SEK.