Pre-Brexit stockpiling creates surge in Irish Sea shipping demand

The video discusses the challenges faced over the past 25 years, including COVID and Brexit, and highlights ongoing investments for future growth. It examines the impact on freight and passenger markets, noting a recovery in freight but a significant decline in passenger travel. The video also addresses increased demand and capacity adjustments in anticipation of Brexit, emphasizing the importance of ensuring sufficient capacity and managing uncertainty. Finally, it presents an optimistic outlook for the next 25 years, with expectations of growth, larger ships, and more services.

What are the two major challenges mentioned that the company has faced in recent years?

• COVID-19 and Brexit

• Economic recession and Brexit

• COVID-19 and climate change

• Brexit and technological advancements

How has the freight market changed since June?

• It has remained stable

• It has started to recover

• It has declined by 10%

• It has increased by 20%

What is the current state of the passenger travel market compared to the previous year?

• It is 50% down

• It is 10% up

• It is stable

• It is 30% down

What measure has the company taken to address the increased demand for freight services?

• Reduced the number of ships

• Increased the number of ships

• Introduced new passenger routes

• Decreased the frequency of services

What is the company's outlook for the next 25 years?

• Stable with no major changes

• Uncertain due to market volatility

• Optimistic with plans for growth

• Pessimistic due to ongoing challenges