Irish Ferries to purchase ‘Spirit of Britain’

2024-05-28T18:56:25+00:00 May 28th, 2024|Ships|

Irish Continental Group’s (ICG) subsidiary Irish Ferries has signed a bareboat charter agreement with a purchase option for P&O Ferries’ ‘Spirit of Britain’, which will be renamed.

The ropax is available for immediate delivery and is expected to enter service with Irish Ferries in June.

‘Spirit of Britain’ will enhance Irish Ferries’ customer offering and increase capacity for both passenger and freight customers on the Dover/Calais route, ICG said.

She was built by STX Europe in Finland in 2010, entering service on P&O Ferries’ Dover/Calais route in 2011, where she has remained ever since.

The ship has been acquired for €89.4 mill made up through a combination of a two-year bareboat charter at €20,000 per day and a purchase obligation at €74.8 mill at the end of the charter.

The acquisition of this vessel will allow Irish Ferries to move one of the three existing ships on the route to replace a chartered vessel currently operating on the Rosslare/Pembroke service.

In addition, Irish Ferries has signed a space charter agreement with P&O Ferries on the Dover/Calais route. This agreement will encompass both freight and passenger space sharing on both operators’ vessels.

Irish Ferries said that it expected the agreement to come into effect for its freight customers during the Summer, to be followed on a phased basis for the passenger business.

P&O Ferries already had a space charter agreement with DFDS on the Calais/Dover route.