Red Funnel plans to order three new vehicle ferries to replace its ageing fleet, including the 30-year-old Red Falcon and Red Osprey. The new vessels, expected to cost around £100m, will be smaller and more agile but will offer similar capacity. The tender for shipyards to build the ferries will be issued later this year, with a possibility of them being built in the UK. The new ferries are part of an investment to address criticism of the company’s service in recent years.
Source: BBC