Time charter agreement between P&O Ferries and Irish Ferries

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P&O Ferries has confirmed a time charter agreement with Irish Ferries for its vessel Norbay for up to 6 months – with the potential for longer-term charter options. The crew of Norbay will continue to be employed on the vessel during the charter.

Owen Barry, Director of Maritime Operations, said: “Norbay is a great asset to retain within the business with many options for the longer term. Following her upcoming time charter we can either renew, redeploy her in our own fleet to give us great flexibility on other routes, or consider other charter options given the high market demand for this type of vessel. This provides not only ongoing employment for the vessel’s crew but strong options for additional revenue within the business.”

Until now, Norbay has been one of two ships operating on P&O Ferries’ Liverpool-Dublin route. P&O Ferries is now operating one ship on this route, which is proposed to be closed towards the end of the year due to a lack of berth availability at the port of Liverpool from 2024.