Fastnet Line investment talks to continue

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 examiner appointed to Fastnet Line, which operates the service on behalf of the West Cork Tourism Cooperative Society, was due in the High Court yesterday to present details of a funding rescue package, together with the company’s new business plan.

It followed the decision on Monday by Cork City and County Councils to invest a further €300,000 into the service.