Irish Continental Group introduced the new Dover-Calais service in June 2021, and enjoyed a bounce from lifting of travel restrictions
Total revenues recorded in the group’s ferries division in the period to October 31st amounted to €338 million, which was a 133.9 per cent increase on the €144.5 million it achieved last year and an 83.4 per cent increase on 2019.
It carried 618,100 units of freight, which represented an increase of 143.8 per cent compared with 2021. This increase was predominantly driven by the pass through of increased fuel costs and vessel charter rates, ICG said. “However, as we enter 2023, the world is facing higher inflation and higher interest rates, both of which pose a challenging backdrop for economic growth,” it said.
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