Red Funnel to order new ferries for the Isle of Wight

May 31, 2024

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