Maritime & Marine

Hampshire Biz News is now part of Insider Media!

From now on, all content produced by Hampshire BIZ News journalists will feature in Insider magazine and on the Insider website - bringing you even more in-depth business news, exclusive insights, and key regional deals.

What is Insider Media?

Insider is the UK’s biggest regional B2B publisher, delivering breaking business news, expert analysis, and exclusive interviews across key industries.

With a national reach and deep regional focus, Insider connects businesses, decision-makers, and entrepreneurs with the latest opportunities and insights.

Looking for the latest business news from Insider’s south west team? CLOSE
 

New life awaits as former Red Jet 4 prepares to join South Korean ferry firm's hi-speed fleet

By Andrew Diprose editor@hampshirebixnews.co.uk

Published: June 17, 2024 | Updated: 17th June 2024

A vessel which has carried hundreds of thousands of passengers between Southampton and the Isle of Wight during 21 years of service is about to start a new life in South Korea.

Red Jet 4, formerly one of Red Funnel’s fleet of hi-speed passenger craft, has been purchased by ferry firm Nam Hae Express Co.

The vessel was lifted out of the water and hoisted onto a marine freight forwarder last month and is now well on her way to East Asia.

Once there, she’ll carry customers between some of South Korea’s most popular tourist destinations.

Fran Collins, Red Funnel CEO, pictured left, said: “We are very proud of Red Jet 4’s two decades of service across the Solent.

“She’s been a much-loved member of our fleet and we are delighted that Nam Hae Express Co is adding her to its routes.

“However, with Red Jet 4 now over 21 years old, the time is right to shift our priorities towards the future.

“For us, this entails a strategic decision to focus on the upkeep and reliability of Red Jets 6 and 7 and ensure we deliver the best possible service to our customers.

“This aligns with the current demand for service on our Southampton to West Cowes route and positions us to make the best possible decisions to chart our course from here.

“We wish Nam Hae Express all the very best in giving Red Jet 4 a new home and a new purpose and send our wishes for fair winds and safe travels to her passengers and crew.”

Red Jet 4 was built by North West Bay Ships in Tasmania in 2003 and can accommodate 271 seated passengers and four crew with a service speed of 35 knots.

In addition to its current fleet of six hi-speed catamarans, Nam Hae Express Co, established in 1955, also operates four car ferries serving popular tourist destinations including Mokpo and Jeju Island.

Latest Posts

Investment is ‘quay’ to success at DP World’s Soton terminal as firm puts £60m towards new cranes

BAR Technologies picks Hong Kong manufacturer to build its new WindWings for clean shipping

Hampshire-made electric drives to power boats across Australia & Pacific through new partnership

Inaugural Coastal Powerhouse Summit to show off Solent’s thriving maritime sector this March

Solent Freeport backs networking event to help foster international partnerships at Lakeside

All Maritime & Marine Stories »

Latest Posts

Ringwood has new workspace geared towards tradespeople and with “community at its heart”

It’s takeoff for upgrades on Soton hospital’s helipad as £153k donation funds new lighting

First graduates from Beverley’s Twilight Business Academy Night School pick up top biz tips

Hayling Island care home going for £800k+ poses opportunity for care operators and developers

Sustainable South action group led by ‘dynamic duo’ Dan & Kamile explores green initiatives

All Latest News »