May 13, 2021

Volumes (Year to date, 8 May 2021)

-62.5% cars

-18.9% roro

+11.4% TEU containers

+11.3% terminal lifts

Financial information for the first four months of 2021

Consolidated Group revenue in the period was €89.3 million, an increase of 0.4% compared with last year and a 12.7% decrease on 2019.


Ferries Division

  • Total revenues recorded in the period to 30 April amounted to €37.1 million (including intra-division charter income), -9.4% (-28.3% on 2019). The decrease was principally due to the continued restrictions on non-essential passenger travel. This was partially offset by an increase in freight revenues.
  • Total freight revenues +5.2% over the same period in the prior year and decreased by 1.0% versus the same period in 2019.

Recent Developments

  • ICG welcomes the recent comments made by the Irish Government about the reintroduction of unrestricted travel in the Common Travel Area between Britain and Ireland. Urgent clarity is needed regarding dates so that ICG can ensure it is ready from an operational perspective.
  • On 26 March, ICG subsidiary Irish Ferries announced that it would commence a new ferry service on the Dover – Calais route. Plans are significantly advanced with a view to commencing this service during summer 2021.

(*) note from editor: the Irish Ferries ropax service will be started with ISLE OF INISHMORE. We understand a second vessel has been secured and will be added later.