Call for more investors to help reinstate Cork-Swansea ferry

LOCAL businesses who have pledged e10,000 each to help buy a ferry for the discontinued Cork-Swansea route say they need just 70 more investors.

So far, 230 businesses have given e10,000 each to a co-operative which has been set up to purchase a suitable ship in time for the coming tourism season.

Since the discontinuation of the service in the winter of 2006, it is estimated the regional economy has lost between e38 million and e50m.