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Displaying items by tag: Irish Crossborder ferry service

The twenty minute car ferry service that carried its two millionth passenger this year is to cease operations from Sunday week, according to a report in today's Irish Times.
Funding talks have broken down for the Greencastle-Magilligan 44-vehicle capacity ferry the Foyle Venture (1978/324 tonnes) that has crossed Lough Foyle between counties Donegal and Derry since June 2002. The ferry is often used by cross-border workers and holidaymakers.

A notice on each pier says the Lough Foyle Ferry Company regrets the service will be suspended from the close of business on Sunday, October 2nd. The notices say directors of the company hope the suspension will be temporary, and they look forward to recommencing operations early in 2012.

For a photo of the ferry that once served on the Shannon (Killimer-Tarbart) service as Shannon Willow click HERE. Note in the background is the veteran cruiseship Princess Daphne at anchor in Lough Foyle. To read more about the ferry service visit www.loughfoyleferry.com/main.htm

Published in Ferry

As an island economy, a healthy maritime sector is key to our national competitiveness. Virtually all our imports and exports pass through Irish ports.

Ireland is dependent on ports and shipping services to transport goods and 90% of our trade is moved though Irish ports. Shipping and maritime transport services make a significant contribution to Ireland’s ocean economy, with the sector generating €2.3 billion in turnover and employing over 5,000 people in 2018.

Ireland’s maritime industry continues to grow and progress each year with Irish ports and shipping companies making significant investments. The ports sector in Ireland is currently undergoing a number of expansions and developments with Dublin Port’s Alexandra Basin development, the development of Ringaskiddy in Cork by Port of Cork and the development of Shannon Foynes Port. Along with these major investments, shipping companies are also investing heavily in new tonnage, with Irish Ferries, CLdN and Stena leading new build programmes.

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A recent study carried out for the Irish Ports Association (IPA) totalled 75.7 billion during 2004 and their net economic impact was some 5.5 billion supporting around 57, 500 full time employees.

Liam Lacey, Director of the Marine Institute’s Irish Maritime Development Office (IMDO) said, “The Irish maritime industry can look to the future with confidence. It has shown itself to be resilient and agile in responding to challenges. Over the past decade, it has had to respond to the challenges of the financial crisis of 2008, the uncertainty surrounding Brexit and recent challenges. Ireland’s maritime sector has continued to underpin our economy by maintaining vital shipping links for both trade and tourism.”