Irish Ferries owner ICG’s operating profit rises 7.4% in first half
Growth follows recent launch of Dover-Calais route and return of travel patterns towards pre-pandemic levels
Growth follows recent launch of Dover-Calais route and return of travel patterns towards pre-pandemic levels
Bank of England becomes latest to signal ease in borrowing charges
Revenue at Irish Continental Group up 8.3% in first four months of 2024
Proxy adviser ISS urges shareholders to reject company’s remuneration report at forthcoming agm
Oil prices briefly rose above $89 a barrel for the first time since October, which led to falling stocks in the travel sector
Irish Continental Group chief executive Eamonn Rothwell receives €1m in share payments and another €1.5m in options at current values
Weak Chinese demand led to a fall in container volumes, says Irish Continental Group
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Some 23% of shareholders voted against the re-election of chairman John B McGuckian, who was on the board for 35 years
Softer jobless claims figures on Thursday set the stage for Friday’s monthly jobs report
Revenues at the group surged 75% in 2022 as its ferries division recovered from the Covid crisis
Full investigation expected to be launched when boat docks in Calais
No-fly holidays speak to the trend of ‘slow travel’ – taking time to enjoy the journey as well as breathe in the destination
Iseq flat at close of business on what was described by traders as a ‘very dull day’
Irish Continental Group introduced the new Dover-Calais service in June 2021 and enjoyed a bounce from lifting of travel restrictions
Ferry giant’s biggest shareholder Eamonn Rothwell is 67; speculation is growing that looking to monetise his life’s work may be part of his plan
ICG reports 80% rise in revenue to €161m for first four months of 2022
Refugees arrive with beloved animals, including 11 cats, 10 dogs and a guinea pig
Banks and commodities stocks fall sharply
Department of Transport considering British measures in response to P&O mass sacking
UK transport secretary proposes new law to ensure minimum wage for ferry crews
AIB and Bank of Ireland both end session up 2 per cent at €1.98 and €5.80
Company’s behaviour is reprehensible but it was merely following well-worn industry path
Tech stocks keep the Nasdaq riding high
Sixty Irish workers among the 800 summarily dismissed by Dubai-owned shipping group
Tánaiste compares the ferry operator’s behaviour to that of Irish Ferries in 2005
Sailings on the Liverpool to Dublin route resume after suspension on Thursday
Iseq overall index advances 0.6% in very thin St Patrick’s Day trading in Dublin
Iseq overall index ends session down 1.4% as pan-European Stoxx 600 declines by 1.7%
Revenues last year rose by 21% to €334.5m as number of cars carried increased to 203,600
Aid from Ireland sees about 25 trucks depart from the capital carrying 500 tonnes of aid
Iseq drops 1.6% on Monday as banks and travel stocks drag it down
Concern over lack of impairment charges as ferries left idle during pandemic shutdown
Car stocks suffer as regulators toughen emissions limits
Exploring Europe’s richest wildlife area, Doñana National Park, via boat and train
Test requirements end in Ireland and England this week
Tech boom leads Wall Street indices to record highs
Iseq All-Share Index rises 0.9% to 8,444.96 to reach highest level in more than six weeks
Central banks in Frankfurt and US committed to ending stimulus
Cautious approach spurred by impending policy decisions by central banks
Comments from Moderna’s chief about vaccine efficacy against variant spook investors
Irish Ferries owner has prioritised route between England and France
Pillar banks drive Iseq into positive territory but fuel price increases hit travel stocks
Court of Justice of the European Union says passengers entitled to payment
European markets fall but August still closes out a record winning streak
‘I was apprehensive about travel but I am reassured it is doable if you take precautions’
Median CEO compensation package falls almost 36 per cent to €1.2 million however
Limited direct EU ferry sailings and higher costs push exporters through Britain again
Lack of activity from New York and London dampens trading in Irish multinationals
Government figures have backed reopening Common Travel Area in coming months
Time needed to prepare for resumption of movement, say Stena Line and Irish Ferries
First-quarter decline in freight from British ports contrasts with increased trade with EU
Separately, Irish Ferries has also announced a new service on the Dover-Calais route
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