June 6, 2019

Seatruck Now Have Just Short Of 20% Of the Total Irish Sea Ro-Ro Market

Clipper Group a/s improved its operating profit (EBIT) in 2018. It’s ferry division did a very good job.

Seatruck Ferries recorded a volume growth of 7.5% in a market where total volumes grew by 2.7%. Seatruck Ferries now holds 19.9% of the total ro-ro market on the Irish Sea, where the company operates 3 routes between the UK and Ireland with close to 80 weekly sailings.

In 2018, Seatruck Ferries acquired 4 ro-ro vessels for a total consideration of USD 124 million. The company now owns all its 7 ro-ro vessels operating on the Irish Sea plus one additional ro-ro vessel, which is chartered out externally.