Higher costs to be passed onto passengers, Irish Ferries warns

The owner of Irish Ferries warned today that increased costs would be passed onto travellers.

“The group’s cost base has been affected by higher global prices, particularly fuel prices and charter rates,” the firm said.

“In order to maintain adequate returns to drive future development it has been necessary to pass these increased costs through to customers.”

The ferry Isle of Inisheer entered service on the Dover–Calais route on April 26, having undergone drydocking and branding changes following its delivery in January.

Irish Ferries saw revenues almost triple to €98.3 million in the first four months over the year on the back of easing Covid travel restrictions.

The figure compared with €37.1 million in the same period last year and was supported by the introduction of Dover-Calais services which started in June 2021.

Irish Ferries carried 123,600 cars, an increase of 682.3% on the previous year, according to parent company Irish Continental Group.

Share article

View Comments

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.