Type
Closure
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Water Transport
50 - Water transport

140 jobs
Number of planned job losses
Job loss
Announcement Date
3 December 2010
Employment effect (start)
Foreseen end date
31 December 2010

Description

The shipping company Stena has announced that it is stopping sailings on a Lancashire to Northern Ireland route at the end of the year. The lines closure will result in the loss of 140 jobs. The company said it had not option other than to close the line as it was making a serious loss despite cost saving measures already having been taken.


Sources

  • 3 December 2010: BBC Website

Citation

Eurofound (2010), Stena Line, Closure in United Kingdom, factsheet number 71260, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71260.