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Share Price: 466.00

Bid: 452.00

Ask: 466.00

Change: 7.00 (1.53%)

Spread: 14.00 (3.097%)

Open: 466.00

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Irish Continental Buys Four Container Vessels For EUR24.2 Million

Tue, 27th Oct 2015 11:17

LONDON (Alliance News) - Irish Continental Group PLC on Tuesday said it has signed deals to buy four lift-on lift-off container vessels for a total of EUR24.2 million.

The Irish ferry operator has acquired the MV Elbfeeder, MV Elbtrader and MV Elbcarrier vessels, offering a gross tonnage 8,246 tonnes, plus the MV Jork Ranger, which has a gross tonnage of 7,852 tonnes.

Irish Continental will pay the consideration in cash from existing resources.

Shares in Irish Continental were untraded on Tuesday, having last traded at EUR4.40.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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(Sharecast News) - Shipping and transport group Irish Continental warned on Thursday that uncertainty and travel restrictions as a result of the Covid-19 pandemic had led to a "significant reduction" in passenger traffic and forward bookings.

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Irish Continental recovers from 2018 disruptions, Brexit still a concern

(Sharecast News) - Irish Continental Group updated the market on its trading for the first 10 months of the year on Wednesday, reporting consolidated group revenue of €308.8m (£264.37m), which was an increase of €23.5m, or 8.2%, compared with last year.

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Irish Continental earnings per share slip as it faces geopolitical uncertainty

(Sharecast News) - Ireland-based ferry and maritime transport company Irish Continental reported a 6.1% improvement in its first-half revenue on Thursday, to €166.8m (£151.48m).

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Revenue rises at Irish Continental despite lower tourism volumes

(Sharecast News) - Ferry operator Irish Continental Group updated the market on carryings for the year to date to 11 May and financial information for the first four months of 2019 on Friday, reporting consolidated group revenue of €102.3m - an increase of 6.1%.

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Irish Continental Buys Four Container Vessels For EUR24.2 Million

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