Dublin based Irish Continental Group (ICG), whose operations include passenger and freight services between Ireland, the United Kingdom and Continental Europe, says its bunker costs for the first 4 months of 2012 rose 22% to €18.7 million (US $23.44 million).
But non fuel related costs, it said, were down 4.4%, as were Group revenues which were down 1.4% from €78.1 million to €77.0 million (US $96.5 million) for the same period last year.
Volume numbers for cars, RoRo freight, container freight, and terminal lifts were down by an average of 4.6%, with passenger numbers the only gain up 1.4% on the previous year to 427,600.
But ICG noted in its interim report that its business is significantly weighted towards the second half of the year.
