IJGlobal ESG Technology Award

Condor and CTI win sustainable award for electric ferry project

Condor and our main shareholder, Columbia Threadneedle Investments (CTI), have been granted a sustainable award for our work with Artemis Technologies that will see Condor operate a 100% electric, zero emission passenger ferry service in 2024.

The accolade, the IJGlobal ESG Technology Award in the infrastructure category, is for organisations that demonstrate a strong commitment to ESG in business practices and performance on sustainable and ethical issues.

Condor and Artemis Technologies are partners in the Belfast Maritime Consortium that is spearheading the electric ferry project.

John Napton, Condor Ferries’ CEO, said: ‘Our shareholders and ourselves are looking to the future and both share a strong commitment to the sound principles of ESG, exploring ways of reducing our carbon emissions and finding more sustainable travel solutions.

‘It is fabulous therefore to see this award granted as we continue to work with the Artemis team in developing this concept into an operational mode of transport. We are hopeful that the new vessel provides the clean alternative to traditional ferries.’

The new ship is powered by Artemis eFoiler® system, derived from the America’s Cup race series, which will enable it to fly above the water, producing minimal wake at high-speed and using up to 90 per cent less energy than some conventional ferries.

The pilot scheme will see Condor will run a passenger service between Belfast’s Titanic Quarter and Bangor Marina in 2024. The anticipated journey time of 30 minutes will provide a greener solution to commuters along one of the busiest traffic routes in Northern Ireland.