Wednesday, May 21, 2008

SpeedFerries purchases 'SpeedOne' from Incat

British operator SpeedFerries has purchased the 86-metre wave piercing catamaran ‘SpeedOne' from Incat.

SpeedFerries entered the market with a new low-cost model in May 2004, launching sailings between Dover and Boulogne with the ‘SpeedOne' on charter from Incat. The deal marks a £13.5 million (US$26.6 million) investment for SpeedFerries and follows a recent move to a dedicated and exclusive terminal at Dover's Western Docks. The next stage in the company's development is to source a second Incat vessel to partner ‘SpeedOne', bringing a higher frequency of sailings and possible new route opportunities. ‘SpeedOne' was formerly known as HMAS ‘Jervis Bay', when operating for the Australian Defence Force between Darwin and Dili during the East Timor crisis.

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