Red Funnel’s new hi-speed flagship has been officially named Red Jet 7 by the Duchess of Cornwall at a prestigious ceremony in Cowes on the Isle of Wight.
The £7 million addition to Red Funnel’s Red Jet fleet was ordered from Wight Shipyard on the Isle of Wight in August 2017, following an international tender.
Red Funnel’s flagship, Red Eagle, has returned to service between Southampton and East Cowes with a brand-new look following an extensive £3 million interior refit.
Red Funnel has placed a £10 million order for a new ro-ro freight ferry from UK shipbuilder Cammell Laird. The new ship is designed to provide additional year-round freight capacity for Red Funnel’s Southampton-East Cowes route which currently handles 53 per cent of all freight movements across the Solent.
The ferry industry is gearing up for growth with more than £1 billion of investments announced for new ships, port and service facilities in the next four years, according to figures released by Discover Ferries, the industry body for ferries.
Red Funnel has announced that Kevin George, the current chief executive, is to be appointed as chairman of the group. The announcement follows the restructuring of the board following the acquisition of the group by a consortium of UK and Canadian pension funds in July last year and the recent appointment of a number of non-executive directors.
The construction of Red Funnel’s new state-of-the-art high speed passenger ferry, Red Jet 7, is rapidly taking shape at Wight Shipyard Co in East Cowes on the Isle of Wight. The £7 million, 41 metre vessel is expected to enter the water in May 2018.
Red Funnel Isle of Wight Ferries has announced the appointment of Enterprise Rent-A-Car as its preferred car hire partner. It will now be possible to book vehicles from any Enterprise branch location using a quick and easy-to-use booking widget on Red Funnel’s website.
Red Funnel Isle of Wight Ferries has confirmed that 2014 was a record year for the company in terms of the number of vehicles carried.