£6 million Red Jet ferry to be built on the Isle of Wight

RED FUNNEL’S latest passenger ferry will be built at Venture Quays on the Isle of Wight, marking the return of shipbuilding to the island.

Red Jet 6 will be built in East Cowes after Red Funnel received tenders from shipyards around the world. The company has placed an order for a high-speed catamaran with Shemara Refit for delivery next year. It will be the first vessel of its kind to be built in the UK for 15 years and is expected to create 40-50 jobs at Venture Quays.

Kevin George, Red Funnel’s chief executive, said: ‘Shemara Refit shared our vison to bring fast ferry construction back to the UK and particularly to Cowes, where the specialist aluminium fabrication skills and yard facilities still exist. The Red Jet 6 contract will bring significant inward investment to underpin the island’s marine manufacturing sector and help to further grow the Isle of Wight economy.’

The vessel will carry 275 passengers, and will have provision for 22 bicycles.

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Picture Credit: http://www.flickr.com/photos/8327374@N02/3657159403">Isle of Wight Red Funnel Ferry (2)</a> via <a href="http://photopin.com">photopin</a> <a href="https://creativecommons.org/licenses/by/2.0/">(license)

Red Funnel Ferries reports Q1 traffic growth

ISLE OF WIGHT ferry operator Red Funnel has reported strong growth in the first quarter of 2015, with 7.1% more cars, 38.3% more coaches, and 5.4% more passengers using the service, compared to the same period last year.

The past 12 months have been significant for Red Funnel, with the company investing more than £4.4 million in the refurbishment of passenger accommodation on its Red Falcon and Red Osprey vessels.

Kevin George, CEO of Red Funnel, said: ‘We continue to be encouraged by the growth in visitors to the Isle of Wight, and we are confident that this trend is set to continue.’

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Picture Credit: Red Funnel Ferry by grassrootsgroundswell - Red Funnel Ferry. Licensed under CC BY 2.0 via Wikimedia Commons