Advertisement

Wightlink changes hands

Wightlink Ferries has been sold for an undisclosed sum to Balfour Beatty Infrastructure Partners after ten years in the ownership of the Macquarie European Infrastructure Fund. BBIP spokesman Steven Lowry said: ‘Wightlink is a strong and stable company with the opportunity to grow and develop. We are delighted to be the new owners of the largest cross-Solent ferry operator and are committed to investing in the business and supporting the management team’s focus on safety and improving customer service.’

Chief executive Russell Kew, chief operating officer John Burrows and their management team remain in charge. Wightlink run four car ferries from Portsmouth to Fishbourne and three on the Western Solent from Lymington to Yarmouth, although one of the latter is switching to Portsmouth. Two catamarans also carry passengers on a service from Portsmouth to Ryde.

Ships Montly - January 2024

Stena Line acquires shares in Africa Morocco Link to expand outside of Europe

Stena Line has entered an agreement to acquire 49 per cent of the shares in Morocco based ferry company Africa Morocco Link (AML). AML is...
Advertisement

Related articles

Stena Line acquires shares in Africa Morocco Link to expand outside of Europe

Stena Line has entered an agreement to acquire 49 per cent of the shares in Morocco based ferry...

Royal Bodewes selects DMC to supply controls for newbuilds

Damen Marine Components has been contracted by Royal Bodewes to supply steering, control and propulsion equipment for four...

New gas carrier Taebaek Explorer named in South Korea

The naming ceremony for the gas carrier Taebaek Explorer was held at the Hyundai Samho Heavy Industries Co...

Stena Line boosts capacity on Dublin – Liverpool route with freight only vessel

Swedish ferry company Stena Line secured the freight vessel Bore Song in March to operate on its Dublin-Liverpool...