Red Funnel

The origins of Red Funnel date back to 1820, when the Isle of Wight Royal Mail Steam Packet Company was established by Cowes interests to operate the first steamer service from there to Southampton. In 1826, the Isle of Wight Steam Packet Company was formed in Southampton, and by the following year the two companies had started co-ordinating their operations. In 1860, the Southampton, Isle of Wight & Portsmouth Improved Steamboat Company was created to compete with the two established operators, and the threat posed caused the two older companies to merge. They subsequently acquired the assets of the Improved Steamboat Company in 1865.{{cite web | title=Timeline | url=http://www.redfunnel.co.uk/corporate-information/company-history/timeline | publisher=Red Funnel | access-date=20 April 2010}}

Formed in 1861, and called The Southampton Isle of Wight and South of England Royal Mail Steam Packet Company Limited, the merged company's name remains the longest{{citation needed|date=February 2022}} for a registered company in the United Kingdom. The trading name Red Funnel Steamers was adopted in 1935 when all the company's ships had black-topped red funnels, and later shortened to the current Red Funnel.{{cite news |title=Advertisement |url=https://www.britishnewspaperarchive.co.uk/viewer/bl/0000290/19350529/045/0002 |access-date=23 February 2022 |work=The Evening News |issue=18,066 |date=29 May 1935 |location=Portsmouth |page=2|via=British Newspaper Archive}} The 1861 name remains the company's formal name.

The company originally operated a paddle steamer ferry service between Cowes, Isle of Wight and Southampton. During its history the company has operated other routes connecting the Isle of Wight and the English mainland, together with a sizable excursion steamer business along the South Coast of England including day trips from the Isle of Wight to France, but today services are concentrated on two routes. In 1931 it introduced its first diesel ferry, the MV Medina. Ferries have steadily increased in size to the current Scottish-built Raptor class operated between East Cowes and Town Quay in Southampton. Between 1969 and the 1990, the company also ran Italian-built hydrofoils between Town Quay and Cowes. This route is now served by high-speed, passenger-only catamarans.

In 1867 Red Funnel instituted a service crossing the River Medina between Cowes and East Cowes. This service was operated by a series of small launches over the years. The service ceased on the outbreak of war in 1939 when the vessels involved were requisitioned by the Admiralty. In 1868 the company took over the Cowes Floating Bridge Company and operated the floating bridge until 1901.{{cite book|last1=Adams|first1=RB|title=Red Funnel and Before|date=1986|publisher=Kingfisher Publications|location=Southampton|isbn=0-946184-21-6}}

In 1885 the company bought the New Southampton Steam Towing Company and operated tugs and tenders, later under the subsidiary Red Funnel Towage. In 2002 Red Funnel Towage was sold to the Adelaide Steamship Company, later passing to Svitzer Marine.

In 1946 Red Funnel acquired a controlling interest in Cosens & Co Ltd, a rival pleasure steamer operator based in Weymouth. This enabled the combined company to coordinate their excursions and also gave Red Funnel access to the Cosens' marine engineering and ship repair facilities. Excursions came to end in 1966 but the engineering side continued until sold off in 1990 to a management buy-out.{{cite book|last1=Adams|first1=Keith|title=Red Funnel 150|date=2010|publisher=Richard Danielson|location=Isle of Man|isbn=978-0-9513155-5-2}}

In 2001 the company was sold to JP Morgan Partners by Associated British Ports Holdings, which had acquired the company in 1989 as a white knight to fend off a hostile takeover by Sally Lines. In 2004 the company was sold again in a management buy-out backed by the Bank of Scotland for £60 million. On 12 April 2007, the owners of Red Funnel (who include HBOS) announced that they were considering selling Red Funnel.{{cite news | url=http://news.bbc.co.uk/1/hi/england/hampshire/6548205.stm | title=Island ferry company may be sold | publisher=BBC | date=12 April 2007 | access-date=20 April 2010}} In June of the same year, the company was sold to the Prudential's infrastructure specialist, Infracapital, in a deal valuing the business at more than £200m.

In 2014, plans came to light for the relocation of Red Funnel's Southampton terminal, as part of the redevelopment of the derelict Royal Pier.{{cite web |title=Red Funnel's Southampton terminals to move in Royal Pier development |url=https://onthewight.com/red-funnel-terminal-move/ |website=Isle of Wight News |publisher=OnTheWight |access-date=16 November 2020 |date=20 March 2014}} The plans would include relocating the vehicle and foot passenger terminals to a new site at Trafalgar Dry Dock, also known as Pier 50.{{cite web |title=Southampton's multi-million pound ferry terminal plans to be pushed through |url=https://www.dailyecho.co.uk/news/15490096.southamptons-multi-million-pound-red-funnel-terminal-plans-to-be-pushed-through/ |website=Daily Echo |access-date=16 November 2020 |language=en |date=24 August 2017}} Plans were approved in 2016,{{cite web |last1=Franklin |first1=James |title=Southampton's Royal Pier plans a step closer after ferry boost |url=https://www.romseyadvertiser.co.uk/news/business/14216608.southamptons-royal-pier-plans-a-step-closer-as-red-funnel-allowed-to-move-ferry-terminal/ |website=Romsey Advertiser |access-date=16 November 2020 |language=en |date=20 January 2016}} and Red Funnel was supposed to relocate at the end of 2017.{{cite web |title=Green Light for new Ferry Terminal {{!}} Media & PR |url=https://www.redfunnel.co.uk/en/corporate-info/media-pr/press-release-library/new-southampton-ferry-terminal-given-green-light/ |website=www.redfunnel.co.uk |publisher=Red Funnel |access-date=16 November 2020 |date=25 January 2016}}{{cite web |title=Red Funnel: New Southampton terminal gets green light |url=https://onthewight.com/red-funnel-royal-pier-southampton-green-light/ |website=Isle of Wight News |publisher=OnTheWight |access-date=16 November 2020 |date=20 January 2016}} However, Southampton City Council terminated the deal to relocate the Royal Pier in August 2019,{{cite web |title=Southampton City Council ends £450m waterfront development deal |url=https://www.bbc.co.uk/news/uk-england-hampshire-49361641 |website=BBC News |access-date=16 November 2020 |date=23 August 2019}} with the impact on the project to relocate the Red Funnel terminals unclear.{{cite web |title=Red Funnel relocation to Pier 50 in the balance after Royal Pier plans scrapped |url=https://onthewight.com/red-funnel-relocation-to-pier-50-in-the-balance-after-royal-pier-plans-scrapped/ |website=Isle of Wight News |publisher=OnTheWight |access-date=16 November 2020 |date=30 August 2019}}

In 2017 the company was sold to a consortium, including West Midlands Pension Fund and the Workplace Safety & Insurance Board.{{cite web|title=Red Funnel ferry operator sold to pension funds group|url=https://www.bbc.co.uk/news/uk-england-hampshire-40475139|work=BBC News|access-date=3 July 2017}}Red Funnel New Owner Ships Monthly September 2017 page 7 In the same year, construction work began on renovating and enlarging the terminal at East Cowes,{{cite web |title=Red Funnel reveals East Cowes terminal masterplan |url=https://www.countypress.co.uk/news/16105299.red-funnel-reveals-east-cowes-terminal-masterplan/ |website=Isle of Wight County Press |access-date=16 November 2020 |language=en |date=8 December 2017}} the first phase of which was completed in August 2018.{{cite web |title=PHASE 1 OF RED FUNNEL'S NEW EAST COWES TERMINAL COMPLETED |url=https://www.islandecho.co.uk/phase-1-of-red-funnels-new-east-cowes-terminal-completed/ |website=Island Echo |access-date=16 November 2020 |date=15 August 2018}}

In July 2022, Unite members at Red Funnel went on strike over pay, causing the company to have to run a reduced timetable.{{cite web |author1=Darren Toogood |title=RED FUNNEL STRIKE CONTINUES WITH 3 DAYS OF INDUSTRIAL ACTION THIS WEEK |url=https://www.islandecho.co.uk/red-funnel-strike-continues-with-3-days-of-industrial-action-this-week/ |website=Island Echo |access-date=12 September 2022 |date=1 August 2022}} According to Red Funnel, this was the first strike at the firm since 1966.{{cite news |title=Almost nothing seems to be working in Britain. It could get worse |url=https://www.economist.com/britain/2022/08/09/almost-nothing-seems-to-be-working-in-britain-it-could-get-worse |newspaper=The Economist |access-date=12 September 2022 |date=9 August 2022|url-access=subscription}} The strikes were suspended in August 2022 after the company proposed a new pay agreement.{{cite web |author1=Toogood |first=Darren |date=2022-08-22 |title=STRIKE ACTION HALTED AS RED FUNNEL REACH AGREEMENT WITH UNITE THE UNION |url=https://www.islandecho.co.uk/strike-action-halted-as-red-funnel-reach-agreement-with-unite-the-union/ |access-date=2022-09-12 |website=Island Echo}}

On 7 September 2023, Red Funnel announced the acquisition of Blue Funnel Ferries which operates the Hythe Ferry service. Blue Funnel Ferries will be renamed the Hythe and Southampton Ferry Company Limited.{{cite web |title=Red Funnel Acquires Hythe Ferry To Protect Historic Solent Crossing |url=https://www.islandecho.co.uk/red-funnel-acquires-hythe-ferry-to-protect-historic-solent-crossing/ |website=Island Echo |access-date=7 September 2023}}{{Cite web |date=2023-09-07 |title=Red Funnel acquire Blue Funnel Ferries |url=https://thebusinessmagazine.co.uk/corporate-finance/red-funnel-acquire-blue-funnel-ferries/ |access-date=2023-09-07 |website=The Business Magazine |language=en-GB}}

File:Red Funnel flag.svg

Red Funnel's house flag was adopted in 1861. The design was inspired by the names of the company's early paddle-steamers, Sapphire, Emerald, Ruby and Pearl. A simple rhyme was the guide to flying it correctly:{{cite web |url=http://www.redfunnel.co.uk/corporate-information/history/ |title=Red Funnel Company History |author=Red Funnel |access-date=23 August 2010}}

{{Blockquote|

"Blue to mast, green to fly,

Red on deck, white to sky."|}}

Between Southampton and East Cowes, Red Funnel runs four vehicle ferries. The crossing takes roughly an hour. The crossings are, for the most part, run on an hourly basis.

Between Southampton and Cowes, Red Funnel run two High Speed ferries, roughly taking 28 minutes to cross the Solent. The peak frequency is roughly every 35 minutes.{{cite web |title=Timetables |url=https://www.redfunnel.co.uk/about-us |website=redfunnel.co.uk |access-date=1 July 2024}}

Between Southampton and Hythe, Red Funnel runs an hourly service, which is run by one passenger ferry, which is not yet in a Red Funnel livery. This service connects to the Hythe Pier.{{cite web |title=Home |url=https://hytheferry.co.uk/ |website=hytheferry.co.uk |access-date=1 July 2024}}

{{see also|List of Red Funnel ships}}

File:Red Funnel MV Falcon in the Solent.jpg

The first three vessels were built by Ferguson Shipbuilders of Port Glasgow, and entered service between 1994 and 1996. Between 2003 and 2005 the ferries were refitted and extended both in length and height by Remontowa S.A. in Gdańsk, Poland.{{cite web|url=http://www.redfunnel.co.uk/ferry-travel/passenger-vehicle-ferry-service/vehicle-ferry-fleet|title=Red Funnel – Vehicle ferry fleet|access-date=25 December 2008 |publisher=redfunnel.co.uk}} This was following a corporate decision driven by Tom Docherty to maximise summer operating capacity taking the previous capacity from around 100 CEUs to 213 CEU.

File:MV Red Eagle in 2018.JPG, in 2018, bearing the new upper deck lounges added during refurbishment.]]

During 2014 Red Falcon underwent a £2.2 million refurbishment, which saw the interior and facilities replaced with a bright and new modern look.{{cite web|url=http://www.redfunnel.co.uk/newlook|title=New look for Red Eagle|website=redfunnel.co.uk|access-date=28 January 2018}} Due to success and increase of passengers on their services during 2014, it was confirmed that Red Osprey would also receive a £2.2 million refurbishment.{{cite web |title=Green Light Given to Red Osprey Refurbishment |url=http://www.redfunnel.co.uk/corporate-information/media-and-pr/2014-news-releases/green-light-given-to-red-osprey-refurbishment/ |publisher=Red Funnel |access-date=16 March 2021 |archive-url=https://web.archive.org/web/20171204234344/http://www.redfunnel.co.uk/corporate-information/media-and-pr/2014-news-releases/green-light-given-to-red-osprey-refurbishment/ |archive-date=4 December 2017 |date=2014}} Like her sister ship, the Red Osprey was refitted and relaunched almost exactly a year later. After a delay of three years, the Red Eagle was refitted at the end of 2017.

In 2016, Red Funnel took delivery of a new 40-metre high-speed catamaran constructed in East Cowes by Shemara Refit LLP.{{cite web|url=http://www.redfunnel.co.uk/redjet6|title=Red Jet 6 Specification|website=redfunnel.co.uk|access-date=28 January 2018}} Named by the Princess Royal on 4 July 2016, Red Jet 6 entered service later in the summer.{{cite web|title=Royal naming for new Red Jet 6 passenger ferry|url=https://www.bbc.co.uk/news/uk-england-hampshire-36701470|work=BBC News |access-date=4 July 2016}} Red Jet 7 was built by Wight Shipyard in East Cowes. Red Jet 7 was lowered into the River Medina at East Cowes on 6 June 2018, and was christened during a launching ceremony on 24 July 2018.{{cite web |last1=Tew |first1=Imogen |title=Gallery: Red Funnel's new Red Jet 7 in the water for the first time at East Cowes |url=http://www.iwcp.co.uk/news/16275406.GALLERY__Red_Jet_7_in_the_water_for_the_first_time_at_East_Cowes/ |website=Isle of Wight County Press |access-date=7 June 2018}}

File:Red Kestrel HGV ferry.jpg

In February 2018, Red Funnel announced plans to introduce a new freight only ferry into the fleet, to coincide with the refurbishment of their facilities on both sides of the Solent. It was built at the Cammell Laird shipyard in Birkenhead, and was designed to have similar dimensions to Red Funnel's Raptor-class fleet, allowing it to load and unload at the same linkspan used by the other ferries.{{Cite web|last=Island Echo|date=2018-02-14|title=Red Funnel Places Order for new £10 million Freight Ferry|url=https://www.islandecho.co.uk/red-funnel-places-order-new-10million-freight-ferry/|access-date=2021-03-16|language=en-GB}} Construction of the new ferry began on 31 May 2018 with a formal keel laying ceremony.{{cite web |last1=Woolven |first1=James |title=Pictures: Construction officially begins for Red Funnel's new freight ship |url=http://www.iwcp.co.uk/news/16263481.PICTURES__Construction_officially_begins_for_Red_Funnel_s_new_freight_ship/ |website=Isle of Wight County Press |access-date=2 June 2018}}{{cite web |title=Ferry firm's new, British-built, 74m vessel, costing £10m, will be named Red Kestrel |url=http://www.dailyecho.co.uk/news/16262479.ferry-firms-new-british-built-74m-vessel-costing-10m-will-be-named-red-kestrel/ |work=Daily Echo|access-date=13 July 2018}} During this event, the ship's name was announced to be Red Kestrel, placing its name in line with those of the rest of Red Funnel's RO-RO ferry fleet. She entered service in May 2019.{{cite web |title=Red Kestrel Enters Service |url=https://www.redfunnel.co.uk/en/corporate-info/media-pr/press-release-library/red-kestrel-enters |website=www.redfunnel.co.uk |publisher=Red Funnel |access-date=16 November 2020 |date=24 May 2019}}

In July 2024, it was announced that Red Funnel would order a new, all electric, Artemis eFoiler hydrofoil boat, to run on the Red Jet route of Southampton to Cowes. The vessel would carry 150 passengers and be capable of charging in less than 60 minutes. It is scheduled to enter service by late 2025.{{cite web |title=Zero-emission electric ferry announced for Solent |url=https://www.bbc.co.uk/news/articles/c51y4m79lvpo |website=bbc.co.uk |access-date=2 July 2024}}

• On 9 March 1997, Red Falcon, inbound from Cowes, collided in Southampton Water with the outbound trailing suction hopper dredger Volvox Hansa in fog. Both ships' masters were held to blame.{{cite web |title=... aanvaring van de Nederlandse hopperzuiger "Volvox Hansa" ... met de Engelse ferry "Red Falcon" |url=https://zoek.officielebekendmakingen.nl/stcrt-1998-231-URS182.html |publisher=Staatscourant van het Koninkrijk der Nederlanden |access-date=21 July 2021 |archive-url=https://web.archive.org/web/20210721204358/https://zoek.officielebekendmakingen.nl/stcrt-1998-231-URS182.html |archive-date=21 July 2021 |language=nl |date=2 December 1998}}
• On 10 March 2006, Red Falcon, collided with the linkspan at the Southampton Town Quay terminal.{{cite news | url=http://news.bbc.co.uk/1/hi/england/hampshire/4795670.stm | title=Investigators examine ferry crash | publisher=BBC | date=11 March 2006 | access-date=20 April 2010}} Eight passengers and one crew member were injured and significant damage was caused to the Southampton end of the Red Falcon and to the linkspan. The collision caused a {{convert|5|m|adj=on}} hole above the waterline and buckling of the car deck doors.
• Red Eagle collided with Humber Energy in the Thorne Channel, near Southampton Water, on the evening of 21 December 2006.[http://news.bbc.co.uk/1/hi/england/hampshire/6202427.stm Ferry and barge channel collision] BBC News Coastguards said nobody was injured and neither vessel was badly damaged. Richard Pellew, of the Maritime and Coastguard Agency, said: "Having examined the minor damage sustained to the Red Eagle we are advising Red Funnel on the repair work the ferry needs before it can resume normal service."
• On 5 November 2016 a man on a personal water craft collided with Red Jet 4. No one was injured and no damage was caused.{{cite news | url=https://www.bbc.co.uk/news/uk-england-hampshire-37883905 | title=Man on jet ski ploughs into ferry off Southampton | publisher=BBC | date=5 November 2016 | access-date=7 November 2016}}
• Red Eagle was involved in a collision in thick fog on 27 September 2018. It was reported that the ferry had ploughed through the moorings of three yachts and a channel marker was struck.{{cite web |title=Car ferry 'tears yachts from moorings' |url=https://www.bbc.co.uk/news/uk-england-hampshire-45668860 |website=BBC News |access-date=29 October 2018 |date=27 September 2018}} The following month, the Red Falcon also hit several yachts at East Cowes in thick fog, sinking one of them. The vessel grounded in the incident with forty passengers aboard and was not refloated until three hours later. The sunken yacht, Greylag, was recovered the following day.{{cite web |title=Run aground ferry captain suspended |url=https://www.bbc.co.uk/news/uk-england-hampshire-45938466 |website=BBC News |access-date=29 October 2018 |date=22 October 2018}}

{{reflist}}

{{Commons category}}

• {{Official website}}
• {{OpenCorp}}
• [https://find-and-update.company-information.service.gov.uk/company/00002404/filing-history/MTQ1MjQxNzEyYWRpcXprY3g/document?format=pdf] The Articles of Association of the 1861 company

{{Red Funnel}}

{{Transport on the Isle of Wight}}

Category:Companies based in Southampton

Category:Ferry companies of England

Category:Ferry transport on the Isle of Wight

Category:Shipping companies of the United Kingdom

Category:1861 establishments in England