This is the first picture of the new, high speed cross channel ferry that will take passengers from Ramsgate to Boulogne from later this month.

Euroferries’ Bonanza Express will make its first crossing on Tuesday, March 31, and will cater for cars, foot passengers, coaches and a limited number of lorries and caravans.

The vessel, a 96-metre 'Incat’ type, will make four crossings daily to and from the French port, with a crossing time of just 75 minutes.

In a statement Euroferries, which will run the new service in partnership with the cruise ship operator Fred Olsen, said: “Our new base at Ramsgate will bring employment to the area and business to the local community.”

Euroferries’ passengers will be able to use onboard 'tax paid’ shops, as well as restaurants and an area designated for customers travelling first class.

The company plans to run express coaches from the port of Ramsgate to key regional destinations including London, Canterbury and the Medway Towns. The coach service would also link the port directly to 2012 Olympic venues.

South Thanet MP Dr Stephen Ladyman said: “I’m delighted Euroferries have been able to put more information about their service in the public domain. By announcing that the scheme has the involvement of Fred Olsen, one of the most prestigious shipping lines in the world, and the leadership of Per Staehr, one of shippings most respected figures, I hope they have answered a lot of the questions people have been asking about the new service.”

“As I did when the original announcement of this service was made, I want to encourage local people to save our cheering until the service starts because these are incredibly difficult times to be launching a new business of this complexity and things could still go wrong.

"Having been closely involved with the team over several years and seen the work they have done in recent weeks I know it hasn’t been easy. That said, the team have made excellent progress and they should be thanked for their efforts and commitment to Ramsgate and to this new service.

“It will be a major boost for the area and will really give the local economy a shot in the arm and I look forward to seeing the inaugural voyage.”

Euroferries has appointed directors with a wealth a transport experience to head up its boardroom.

Per Staehr, who previously worked for cargo giants Maersk Group and Bombardier, is joined by Geoffrey Ede, the former managing director of Hoverspeed. Paul Donert and Adrian Gillian also take up roles with the company.