[Travel] P and O

[beorhthelm]

If so then the RMT has some explaining to do to its members:

that is awkward. the linked article didnt specify any actual impacts from Brexit. expect there the general change of use patterns, dramatically distorted by covid. this looks like more general business model problems.

 

[WATFORD zero]

If so then the RMT has some explaining to do to its members:

It does make the DUP's approach to shooting yourself in the foot look a little more competent

 

[rippleman]

Oh goody. Turned into another Brexit thread. Is that because there aren't enough in the Bear Pit already?

 

[WATFORD zero]

that is awkward. the linked article didnt specify any actual impacts from Brexit. expect there the general change of use patterns, dramatically distorted by covid. this looks like more general business model problems.

The Brexit/Covid problems hit P&O a year ago

P&O Ferries fighting to stay afloat

The P&O Ferries group is fighting for survival, admitting that there is a material uncertainty it can carry on as a going concern unless it gets fresh capital from its Dubai-based owner and negotiates more concessions from its creditors. The company has been hit by a dearth of passengers because of lockdowns and reduced trade across the Channel during the Brexit transition. Last year it laid off 1,100 people and it says it will continue to require forbearance from creditors.

https://www.thetimes.co.uk/article/p-amp-o-ferries-fighting-to-stay-afloat-sl5rxk6bm

As I said earlier, I suspect that this current situation is a culmination of those ongoing problems, possibly exacerbated by the Russian Sanctions/economic collapse.

 

[BNthree]

[tweet]1504450370675908608[/tweet]


https://twitter.com/bbcsoutheast/status/1504450370675908608

 

[virtual22]

Feel really sorry for the staff! Imagine going home tonight with all the shit that is going on already in the world and the last few years, knowing on top of that you now don't have a job either! Absolutely gutting. I know nothing about that industry but I can't imagine there are that many alternative jobs you can just walk into when you drive passenger ferries for a living! I hope the board and CEO etc have also taken massive pay cuts although I doubt it.

 

[Herr Tubthumper]

The Brexit/Covid problems hit P&O a year ago

P&O Ferries fighting to stay afloat

The P&O Ferries group is fighting for survival, admitting that there is a material uncertainty it can carry on as a going concern unless it gets fresh capital from its Dubai-based owner and negotiates more concessions from its creditors. The company has been hit by a dearth of passengers because of lockdowns and reduced trade across the Channel during the Brexit transition. Last year it laid off 1,100 people and it says it will continue to require forbearance from creditors.

https://www.thetimes.co.uk/article/p-amp-o-ferries-fighting-to-stay-afloat-sl5rxk6bm

As I said earlier, I suspect that this current situation is a culmination of those ongoing problems, possibly exacerbated by the Russian Sanctions/economic collapse.

The will of the people.

 

[Cowfold Seagull]

The P & O Ferries that we see today, is a mere shadow of the company of not so many years ago. By far their greatest revenue earner was the short sea route from Dover to Calais, where business was reduced massively upon the opening of the Channel Tunnel in the 1990's.

In more recent years of course we have had Brexit, and then the Covid pandemic, all of which have led to a significant shortfall in passenger, vehicle, and freight traffic.

So noone should be surprised that the company is now in dire trouble, though unfortunate of course that so many individuals are losing their jobs through no fault of their own.

Not the first company to take this route though, and l doubt very much that they will be the last, such are modern business methods.

 

[beorhthelm]

...
As I said earlier, I suspect that this current situation is a culmination of those ongoing problems, possibly exacerbated by the Russian Sanctions/economic collapse.

the Russia link is odd, cant find anything other than parent company links to shipping to Russia. an MP said Russia own a substantial stake, but looks like its wholey Dubai owned? any specfic connections seen?

 

[Daddies_Sauce]

That's why we use the Channel Tunnel. It's quicker and cheaper.

Not up too a few weeks ago it was not. We had vouchers that were expiring, with restrictions lifted and no need to quarantine required, we had to use the vouchers or loose them. We could get crossings cheaper on the ferries than were available for short trip cost on Eurotunnel, but had to use our vouchers.

 

[Thunder Bolt]

Not up too a few weeks ago it was not. We had vouchers that were expiring, with restrictions lifted and no need to quarantine required, we had to use the vouchers or loose them. We could get crossings cheaper on the ferries than were available for short trip cost on Eurotunnel, but had to use our vouchers.

We tend to book months in advance to get the cheapest prices.

 

[Daddies_Sauce]

We tend to book months in advance to get the cheapest prices.

So do we normally, when we've been allowed to travel.

Thoughts are with the staff impacted by this.

 

[Westdene Seagull]

That's why we use the Channel Tunnel. It's quicker and cheaper.

That somewhat depends on where in France you're going - I'm currently in Loire and going via the tunnel would have added an hour to my drive in the UK and and extra 4+ hours in France. My ticket on DFDS out of Newhaven cost me £100 with early booking - admittedly for a 11pm sailing.

 

[Thunder Bolt]

That somewhat depends on where in France you're going - I'm currently in Loire and going via the tunnel would have added an hour to my drive in the UK and and extra 4+ hours in France. My ticket on DFDS out of Newhaven cost me £100 with early booking - admittedly for a 11pm sailing.

We go to the Vendee so it is a long drive but that's part of the holiday for us. Loading and unloading the ferry wastes so much time, and we like the 35 minute zip under the Channel.

 

[Taybha]

Wouldn't mind betting the fat cats at the top of the chain get a nice bonus out of this

 

[vegster]

Totally unsurprised by their handling of this brutal redundancy. There are limited protections for workers these days, a company can tear up a contract just like that if they want to.

 

[Paulie Gualtieri]

It's like some people don't like the consequences. It's turning quite ugly.

[tweet]1504449684991090696[/tweet]

[tweet]1504456842302341128[/tweet]

Someone needs to shout Millwall and the Balaclava crew will leg it

#Where

 

[Notters]

https://www.bbc.co.uk/news/business-60779001

Worrying

Is it still P and O out of Newhaven?

Not since 1998

 

[Springal]

Allegedly the in-coming crew are mainly Asian or South American. Who has been granting these visas to work then ?

 

[Mr Putdown]

Allegedly the in-coming crew are mainly Asian or South American. Who has been granting these visas to work then ?

Cyprus, at a guess.