April 18, 2019

Irish Continental Group plc has entered into a bareboat hire purchase agreement for the sale of the 1987-built ferry OSCAR WILDE to MSC Mediterranean Shipping Company SA.

The total gross consideration for the sale is €28.9 million, payable in instalments over 6 years, up to 2025.

Delivery is expected to take place this month.

Recently MSC’s ferry subsidiary SNAV acquired AURELIA for the Adriatic Sea route Ancona-Split.