The operators of the Cork to Swansea ferry service were unable to secure the investment required to ensure its survival, the High Court heard yesterday.

While the battle to refloat the ferry service between Cork and Swansea has been lost, the real battle is yet to come.

Red tape and inflexible EU state aid rules have been blamed for the collapse of the Cork-Swansea ferry service which was wound up by order of the High Court yesterday.

The operators of Cork Swansea ferry service have been unable to secure the investment required to ensure its survival, the High Court heard.

The ferry link between Cork and Swansea is to end, with the loss of 78 jobs.

There are mounting fears for the future of the ferry link between Cork and Swansea.

The Cork to Swansea ferry service was on the brink of collapse last night after last-ditch talks to secure over €1m in investment failed.

Intensive talks to secure the €1m-plus investment needed to save the Cork to Swansea ferry service are set to continue over the coming days.

The operators of the Cork to Swansea ferry service must secure over €1m in investment before midday today to save the company after being thrown a €300,000 funding lifeline by Cork’s local authorities.

THE company behind the Cork-Swansea ferry have claimed a “massive decrease” in tourist numbers to Cork and Kerry will be magnified if the route they operate is suspended.

THE owners of the Cork-Swansea ferry service have begun seeking expressions of interest from companies interested in naming and sponsoring the ferry.

THE tourism co-operative which runs the Fastnet Line believes it has “a real fighting chance” of reactivating the Cork-Swansea ferry service next season.

SHAREHOLDERS of the West Cork Tourism Cooperative may invest further in the Cork-Swansea ferry operation in order to see it through examinership.

DESPITE warnings about ‘throwing good money after bad’, Kerry County Council yesterday approved a financial contribution for the troubled Cork-Swansea Ferry during its period in examinership.

A LOCAL authority has agreed to plough more public money into a troubled ferry company to help it through its examinership process.

IF GOODWILL was able to keep a ferry afloat then the Fastnet Line’s MV Julia could have ploughed through the most treacherous of waters.

THE passenger ferry company operating the Cork-Swansea route has suspended all sailings after the High Court granted it permission to enter examinership.

The Cork to Swansea ferry is to discontinue service with immediate effect after an interim examiner was appointed to the Fastnet Line group of companies by the High Court today

THE Cork-Swansea ferry is to reduce its number of winter sailings this year and concentrate more on “chasing the money” by ensuring its service fits in with major rugby fixtures.

THE Cork-Swansea ferry is to reduce its number of winter sailings this year and concentrate more on “chasing the money” by ensuring its service fits in with major rugby fixtures.

THE Fastnet Line has been forced to fly in engineering experts from Amsterdam to help fix a problem which has led to the ferry taking far longer to ply the Cork-Swansea route.

THE founder of a co-operative which reinstated the Cork-Swansea ferry link has resigned from the group, due to pressure of work.

THE Fastnet Line’s Cork-Swansea service will resume next week to cash in on the Six Nations’ clash between Ireland and Wales in Cardiff and the Cheltenham racing festival.

THE operators of the Cork-Swansea ferry have moved to reassure customers and shareholders that the company is still solvent despite its decision to dry-dock the ship for twice the normal amount of time.

THE ferry service operating between Cork and Swansea has exceeded all expectations and will have carried around 85,000 passengers before the end of the year.

IN these dark times it is refreshing to hear of good news. We refer to the ferry service between Cork and Swansea which has exceeded all expectations.

A CORK-based ferry company has rejected claims it is “gouging” Munster rugby supporters by hiking its fares for the province’s Heineken Cup clash with Ospreys in Swansea next month.

CORK tourism figures have reported they are feeling slightly less of a pinch than the national picture – exactly a year after being listed in a top guide as one of the Top 10 cities to visit in 2010.

THE fledgling Fastnet Line, which started plying the Cork-Swansea ferry route last March, believes it will carry more passengers than initially envisaged and the resumption of the service will benefit the south-west region by at least €15 million this year.

FROM fast cars to ferry boats... that’s the career path of the new chief executive of Ireland’s fledgling ferry company who’s determined to bring thousands more British tourists to West Cork.

“IT’S mad busy,” says Margaret Hegarty, spokes-person for Fastnet Line, which runs the Cork to Swansea ferry service.

IRELAND looks set to remain cut off from Europe for the rest of the weekend as the continuing spread of volcanic ash across northern Europe brought aviation to the biggest standstill since 9/11.

CORK’s newest hotel – the River Lee Hotel – is also one of the city’s most established.

CORK County Council is prepared to offer its expertise to the embattled MV Julia should its owners, the Fastnet Line, require help.

HUNDREDS more passengers have suffered disruption after another fault on the Cork to Swansea ferry forced the cancellation of its weekend sailings.

The maiden voyage for the restored ferry service between Cork and Swansea is almost complete, with the vessel due to dock in Ringaskiddy later this morning.

It was not known this morning if the Cork Swansea ferry would be ready to sail this evening as scheduled.

THE Cork to Swansea ferry has secured its safety certificate and will definitely make its maiden passenger voyage this week.

TO cancel once is unfortunate, to cancel twice is careless. I’m sure Oscar Wilde would forgive the paraphrase.

THE operators of the Cork to Swansea ferry service were forced to cancel its maiden passenger voyage again because of problems with certification.

THE owners of the Fastnet Line are confident that their ferry the MV Julia will shortly pass maritime authority inspections and start her maiden voyage from Cork at 9pm next Saturday.

I WAS disappointed Fastnet Line could not meet its original deadline for the new Cork-Swansea service.

THE fledgling Fastnet Line has been forced to cancel its first three ferry sailings on the Cork-Swansea route due to mechanical problems.

SPECULATION is mounting that government agencies in Ireland and Wales will shortly make a €3 million investment in the Fastnet Line.