Irish Continental Group (ICG) is set to invest €165.2 million in a new Irish Ferries vessel which will operate on the Dublin-Holyhead route and be capable of carrying up to 1,800 passengers and crew, as well as 330 freight units.
The proposed ferry is planned to be delivered by mid-2020 and that it is expected to replace the present schedule of the MV Ulysses, which will subsequently take the place of the currently chartered MV Epsilon vessel, reports rte.ie.
The reorganisation of assigned ships on these routes will accommodate the full-time deployment of the soon-to-be-completed WB Yeats alongside the MV Oscar Wilde on Irish Ferries' Ireland-France route.
The new vessel will be built by German firm Flensburger Schiffbau and will be the world's largest cruise ferry when it comes to vehicle capacity, following its launch.