Soaring bunker costs and economic woe in Ireland and the UK have left ferry owner Irish Continental Group facing an “uncertain” 2011.
The Dublin-based company did, however, see its results last year fired up by a volcanic eruption in Iceland and the sale of one unit to Russian interests as it recorded a strong profit.
Although ICG wrote in Monday’s results announcement that it is “well placed to compete vigorously in this tougher environment”, it acknowledged that the year ahead remains “challenging”.
“For
