Menu
23/04/2002
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. Around 100 jobs could go at Felixstowe and Zeebrugge as a result of the cutbacks.
Stena Line, meanwhile, said it has decided to sell its stake in order to concentrate on its fully-owned services in the North Sea, Irish Sea and Scandinavia.
The firm said the move to buy Stena Line's stake would strengthen its position in a part of the UK to continental European ferry market which has been consistently profitable and offered a strong growth opportunity.
(MB)
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. Around 100 jobs could go at Felixstowe and Zeebrugge as a result of the cutbacks.
Stena Line, meanwhile, said it has decided to sell its stake in order to concentrate on its fully-owned services in the North Sea, Irish Sea and Scandinavia.
The firm said the move to buy Stena Line's stake would strengthen its position in a part of the UK to continental European ferry market which has been consistently profitable and offered a strong growth opportunity.
(MB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
26 March 2003
Stena Line jockey for new horse racing package
Now that Cheltenham has whetted the appetite of horse racing enthusiasts across Northern Ireland, leading ferry company Stena Line has launched a day-trip programme to the famous Ayr Races – starting off with the Scottish Grand National weekend on Friday April 11 and Saturday April 12.
Stena Line jockey for new horse racing package
Now that Cheltenham has whetted the appetite of horse racing enthusiasts across Northern Ireland, leading ferry company Stena Line has launched a day-trip programme to the famous Ayr Races – starting off with the Scottish Grand National weekend on Friday April 11 and Saturday April 12.
09 February 2011
Stena 'All At Sea' As Merger Probed
There are competition probes underway on either side of the border with the referral of Stena Line's acquisition of the Liverpool and Heysham routes referred to the Competition Commission by the Office of Fair Trading.
Stena 'All At Sea' As Merger Probed
There are competition probes underway on either side of the border with the referral of Stena Line's acquisition of the Liverpool and Heysham routes referred to the Competition Commission by the Office of Fair Trading.
12 June 2002
Stena Line launch ferry guide
Irish Sea ferry company Stena Line has launched a new Fast Ferry and Ferry Guide. The guide is packed full of information on holidays, day trips, special offers, routes and timetables plus handy hints to help customers find the perfect crossing or short break to suit them.
Stena Line launch ferry guide
Irish Sea ferry company Stena Line has launched a new Fast Ferry and Ferry Guide. The guide is packed full of information on holidays, day trips, special offers, routes and timetables plus handy hints to help customers find the perfect crossing or short break to suit them.
07 October 2002
Stena Line rewarded at Transport and Logistic Awards
Stena Line Freight has been declared the Irish Sea Shipping Line of the Year at the Export & Freight Transport and Logistic Awards 2002. The company was selected from the list of finalists on the strength of its entry, which detailed its scheduling capacity, Information Technology capabilities and a strong customer focus.
Stena Line rewarded at Transport and Logistic Awards
Stena Line Freight has been declared the Irish Sea Shipping Line of the Year at the Export & Freight Transport and Logistic Awards 2002. The company was selected from the list of finalists on the strength of its entry, which detailed its scheduling capacity, Information Technology capabilities and a strong customer focus.
07 June 2002
Stena Line brochure highlights NI attractions
Ferry company Stena Line has launched its award-winning day trips to Northern Ireland programme for 2002. Stena Line's popular day trips have contributed significantly to Northern Ireland's tourism industry over the past few years, helping to attract more than 30,000 visitors to the province each year.
Stena Line brochure highlights NI attractions
Ferry company Stena Line has launched its award-winning day trips to Northern Ireland programme for 2002. Stena Line's popular day trips have contributed significantly to Northern Ireland's tourism industry over the past few years, helping to attract more than 30,000 visitors to the province each year.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
