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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Irish Continental Group Plc | LSE:ICGC | London | Ordinary Share | IE00BLP58571 | UTS (COMP 1 ORD EUR0.065 & 10 RED) (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 443.00 | 428.00 | 458.00 | 385 | 16:29:55 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Transportation Services, Nec | 572M | 61.6M | 0.3605 | 14.73 | 907.28M |
TIDMIRSH Irish Continental Group plc (ICG) is pleased to announce that its subsidiary Irish Ferries will commence a new ferry service on the Dover -- Calais route. Irish Ferries, a subsidiary of Irish Continental Group plc (ICG), is pleased to announce a new service on the Dover -- Calais route. This service is planned to start in June 2021, with the transfer of the Isle of Inishmore to the route. Additional capacity will be added in the coming months. Irish Ferries is the market leader for freight and passengers between Britain and the Republic of Ireland, a leadership position that has been built on the twin pillars of customer focus and investment in purpose built ships for each route. We are very excited about launching our services on the best short sea ferry market in the world and we believe we can bring more choice for customers in the years ahead. As part of our commitment to the movement of freight on and off the Island of Ireland to both the UK and Europe, this additional capacity on the Dover -- Calais route will significantly strengthen the capacity and reliability of the landbridge for exporters and importers. Hauliers will now have one operator providing an inclusive service on the Dublin - Holyhead, Rosslare - Pembroke and Dover - Calais routes. This will allow exporters and importers easier, cheaper, and quicker access to our European markets via the Common Transit Convention. It is intended to offer passenger services on the route. The initial level of passenger services offered will be dependent on the easing of Covid-19 travel restrictions. Doug Bannister, Chief Executive, Port of Dover, said: "We are delighted to welcome Irish Ferries to Dover. This announcement gives the millions of customers across the UK and the Republic of Ireland who value the intrinsic benefits of the shortest sea crossing to Europe, the prospect of even more choice. We believe the inclusive landbridge product will be popular with Irish exporters and will strengthen the just in time supply chain into the European Union. This is a clear signal of market confidence in the Dover route and will complement the resilient services currently provided. We wish Irish Ferries every success and look forward to having them on the route in the summer and working together as part of the Dover team building the future success of the Short Straits." Jean-Marc Puissesseau, Chairman, Port of Calais, said: "the commencement of the service operated by Irish Ferries emphasises the strategic position of the port of Calais in the trade between Ireland, the United Kingdom and the continent. It is a clear sign of confidence just a few weeks before the opening of the new port of Calais". END 26(Th) March 2021 Enquiries: Eamonn Rothwell, Chief Executive Officer Tel: +353 1 6075628 Email: info@icg.ie David Ledwidge, Chief Financial Officer Tel: +353 1 6075628 Email: info@icg.ie Gerry O'Sullivan Q4 Public Relations Tel: +353 1 475 1444 Email:press@q4pr.ie
(END) Dow Jones Newswires
March 26, 2021 03:00 ET (07:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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