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Cash crisis for Lough Foyle Ferry Company 06.02.09

THE FUTURE of Inishowen's car ferries, particularly the Lough Swilly ferry, is looking increasingly bleak. As concerned Buncrana traders and tourism providers held a public meeting this week, the Government insisted it would not provide any subsidies for either the Lough Foyle or Lough Swilly ferry in 2009.
Around €300,000 in operating funding is needed but it seems the Lough Foyle Ferry Company will have difficulty sourcing money from the public purse this year. Meanwhile, Buncrana traders met with ferry company director Jim McClenaghan at a public gathering in the Beach House restaurant at Buncrana pier on Tuesday night. The business community in Rathmullan were also due to meet while a joint delegation from the two towns are to meet Donegal TDs this weekend to outline their plans for the future of the Lough Swilly ferry. Speaking to the Inishowen Independent, Buncrana shop owner Carl Fullerton said the people of the town had a right to know whether the service has a future. “I know from my own experience that most people in local business are happy to let important decisions be taken by the politicians because we believe they have our best interests at heart.
“But there is the possible concern that they are not going to vote to renew the Lough Swilly Ferry. The problem as we see it that negotiations go on with the County Council every year until May and by that stage it is too late to promote the summer service.
What we in the Buncrana Traders Association are calling for is for Central government to take 
The Greencastle Magilligan Ferry
over the running of the Foyle and Swilly Ferries and to guarantee the service for several years,” said Mr Fullerton.
Mr Fullerton said it was unacceptable that a decision whether the Lough Swilly ferry would run ‘went down to the wire’ every year or that crossing was funded by local politicians members allowance – councillors ‘pocket money’ as he called it.
He said members of the Buncrana Business Community would not accept the ‘Credit Crunch’ being used to justify the cancellation of the Lough Swilly Service.
“The Government could fund the Swilly ferry for the next five years with a fraction of what it cost to build the Mulroy Bay Bridge or for less than the cost of a mile of motorway,” added Mr Fullerton. “They can afford it and to be honest this ferry is important to the people up here as any piece of road.”
Businesses in Buncrana were facing a bleak 12 months, he added, and the loss of the summer trade brought by the Swilly Ferry would have an adverse effect on trade.
“The bottom line is Buncana is going to have to make a living from the tourist trade. We need the Lough Swilly Ferry and we, as local business people, cannot stand idly by and let it disappear.”
Meanwhile, at the request of Deputy Joe McHugh, Fine Gael MEP Jim Higgins is attempting to source money for the local ferries in Europe.
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