04/09/2001
P&O consider cut backs in ferry services
Britain’s largest ferry operator, P&O, are believed to be considering cut backs at its ferry operations, due to the foot-and-mouth crisis.
Ferry division losses more than doubled to £18.1 million between January and June and contributed to a 6.5 per cent decline in P&O’s pre-tax profits.
P&O are carrying out a review of the business units that do not perform as well as others within the company.
Sources have said that the P&O Stena Line unit had achieved a good result, given the impact of the foot-and-mouth crisis on UK visitor figures, but operations on the UK-to-Ireland and Portsmouth-to-the-Continent routes, have been hit badly.
P&O has an estimated loss of £6 million due to foot-and-mouth and have said that this remains unacceptable.
The company also said that the effects of the epidemic is continuing to harm tourist traffic to the UK and has noticed a severe slump in Continental passengers. (CD)
Ferry division losses more than doubled to £18.1 million between January and June and contributed to a 6.5 per cent decline in P&O’s pre-tax profits.
P&O are carrying out a review of the business units that do not perform as well as others within the company.
Sources have said that the P&O Stena Line unit had achieved a good result, given the impact of the foot-and-mouth crisis on UK visitor figures, but operations on the UK-to-Ireland and Portsmouth-to-the-Continent routes, have been hit badly.
P&O has an estimated loss of £6 million due to foot-and-mouth and have said that this remains unacceptable.
The company also said that the effects of the epidemic is continuing to harm tourist traffic to the UK and has noticed a severe slump in Continental passengers. (CD)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
24 April 2009
SF Issues SOS For Sinking Ferry Service
As a scenic cross border transport link remains in jeopardy, a Coleraine Sinn Féin councillor has urged NI Enterprise Minister Arlene Foster to take action to save the ferry. Billy Leonard wants the DUP Minister to play her part along with other Stormont Executive colleagues to save the Magilligan ferry service to Greencastle.
SF Issues SOS For Sinking Ferry Service
As a scenic cross border transport link remains in jeopardy, a Coleraine Sinn Féin councillor has urged NI Enterprise Minister Arlene Foster to take action to save the ferry. Billy Leonard wants the DUP Minister to play her part along with other Stormont Executive colleagues to save the Magilligan ferry service to Greencastle.
30 January 2002
Ballycastle-Campbeltown ferry route re-opened to tender
The Ballycastle-Campbeltown ferry service, which closed down in July 2000, will be opened again to tenders from private companies. In a joint initiative by the Scottish Office, Scottish Executive and the Northern Ireland Executive, the service will now be out to tenders for a contract to run the service for up to five years.
Ballycastle-Campbeltown ferry route re-opened to tender
The Ballycastle-Campbeltown ferry service, which closed down in July 2000, will be opened again to tenders from private companies. In a joint initiative by the Scottish Office, Scottish Executive and the Northern Ireland Executive, the service will now be out to tenders for a contract to run the service for up to five years.
23 April 2002
Stena Line to concentrate on Irish Sea market
Ferry operator P&O is set to close a number of routes and buy out Dutch partner Stena Line's 40% stake in their joint business for £150m. P&O wants to cut its P&O Stena Line fleet from 10 ferries to eight and has plans to discus the possible closure of the Dover to Zeebrugge route towards the end of this year.
Stena Line to concentrate on Irish Sea market
Ferry operator P&O is set to close a number of routes and buy out Dutch partner Stena Line's 40% stake in their joint business for £150m. P&O wants to cut its P&O Stena Line fleet from 10 ferries to eight and has plans to discus the possible closure of the Dover to Zeebrugge route towards the end of this year.
06 February 2015
Cammel Laird To Build £5.7m Ferry
Transport Minister Danny Kennedy has announced the award of a contract for the construction of a new £5.7m ferry for Strangford. The contract has been awarded to Cammell Laird from Merseyside after an open procurement exercise which had attracted interest from shipyards across Europe. The new ferry is due to be delivered by August 2016.
Cammel Laird To Build £5.7m Ferry
Transport Minister Danny Kennedy has announced the award of a contract for the construction of a new £5.7m ferry for Strangford. The contract has been awarded to Cammell Laird from Merseyside after an open procurement exercise which had attracted interest from shipyards across Europe. The new ferry is due to be delivered by August 2016.
10 April 2003
Online ferry booking service launched
Belfast-based internet company, www.HolidaySpecial.com, have added a ferry booking engine to their travel website. The new technology allows browsers to compare fares, check availability and book online with the major ferry companies from Ireland including Stenaline, Seacat, P&O, Britanny Ferries and Irish Ferries.
Online ferry booking service launched
Belfast-based internet company, www.HolidaySpecial.com, have added a ferry booking engine to their travel website. The new technology allows browsers to compare fares, check availability and book online with the major ferry companies from Ireland including Stenaline, Seacat, P&O, Britanny Ferries and Irish Ferries.