Monday, July 4, 2011

Stena Line Cleared to Take Over Two Irish Freight Routes From DFDS

Company "Delighted" by News
Shipping News Feature

UK / IRELAND – Ferry operator Stena Line has expressed “delight” at the decision of the UK’s Competition Commission to approve the company’s acquisition of two routes across the Irish Sea from rival DFDS. Stena Line can now add ferry services from Belfast to Liverpool (Birkenhead) and Belfast to Heysham to its four existing routes - Stranraer-Belfast, Holyhead-Dublin, Holyhead-Dun Laoghaire and Fishguard-Rosslare.

The deal, worth £40 million, will also see Stena Line acquire four ships from DFDS to run the new services and will, according to the company, enable Stena Line to improve its service on the Irish Sea by offering different options for transportation between Northern Ireland and Great Britain as well as improving service and frequency for passengers and freight.

Irish Sea Area Director Michael McGrath said:

"We are naturally delighted to have been given the green light by the UK Competition Commission and will now engage in a process of evaluation and integration in terms of the wider Stena Line business.

“We have always believed that the DFDS acquisition would make a perfect fit for our business and our customers and we are looking forward to implementing our extended route network on the Irish Sea. We believe that the acquisition also strengthens Belfast as a key transport hub within our route network for both freight and tourism traffic."