A consortium of pension funds who purchased 100% equity stake in Red Funnel earlier this year, reportedly paid ‘well over the expected price tag’. That figure has now been revealed.
Many people were surprised the floating bridge would be out of action for vehicles for nearly three months, so OnTheWight sought to find out the extent of the work taking place to prepare for the new floating bridge.
Although apparently still under investigation after the mezzanine car deck collapsed last summer, the St Helen will now go onto pastures new in Italy, where it will continue operating as a passenger ferry.