Ferry sailings to change

By Emily Pearce

Saturday, December 21, 2013

 

WIGHTLINK is to pilot new night-time summer sailings on its Yarmouth to Lymington route.

The move follows feedback from customers over the past few months, including suggestions made at a 'meet the managers’ event at Ryde Pierhead.

Wightlink is consulting with Yarmouth Ferry Users’ Group, the Isle of Wight Council and others before deciding on a timetable, to be introduced sometime in summer, 2014.

Head of port operations Sean Millward said: "We are always happy to listen to our customers about our services.

"As soon as we have finalised the timetable, we will be releasing it to all customers through our website and other channels, including the County Press."

Reporter: emilyp@iwcpmail.co.uk

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Displaying the last 10 of 36 comments - Show All Comments

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by neil jacks

23rd December 2013, at 08:02:40

Matt, you still have not answered Jack's question. I would suggest that it is you Who is the individual anarchist. What union do you claim to represent?

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by Baz Taylor

23rd December 2013, at 00:12:02

Just build the **** bridge!

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by alan naylor

22nd December 2013, at 23:54:26

You all still d ont get it its absulutly nothing to do with anyone wether wightlink is financaly secure or not if you have to ask the price you cannot afford it and even if there were lower fares it would only benefit the working mainland users who claim on travel expences most retired and there s a lot of them don t leave the island

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by Baz Taylor

22nd December 2013, at 22:39:17

*yawn*. What a boring load of posts...........

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by Baz Taylor

22nd December 2013, at 22:38:59

*yawn*. What a boring load of posts...........

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by Mat Thomas

22nd December 2013, at 17:19:27

Why hand it over? The answer lies in the fact that it is because the situation at Wightlink is a precarious one. No-one will be prepared to take on the debt and expenses left behind by Macquarie. Macquarie has achieved what they wanted to achieve. The normal method of business for this Venture Capitalist investment bank is to buy up assets, bleed them, sell and then move on. Macquarie will want to make a deal, like it has before in this situation, before the rot sets in. Most interested purchasers, on the other hand, will prefer to wait until the lowest price is achieved.

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by Mat Thomas

22nd December 2013, at 17:18:41

Very good Jack, thank you for putting me right on that.

Back to subject in hand though;

The main reason for the price increases, it turns out, is servicing the debt it has made to itself. Dropping the Debt would allow it to return to a reasonable market price. Macquarie is seriously damaged because relations with the public are not easy to mend. If depreciation to the assets sets in, the cost along with the poor management structure, then it will be a case of cutting their losses and not waiting for bankruptcy.

The best bet for Macquarie is to get out now, Drop the Debt and hand over Wightlink to the island.

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by Mike Crowe

22nd December 2013, at 16:42:30

Jack, that is why I asked the question as to why they don't buy it and run it 'properly'

Unions are sooooo good at telling a business man how to run his business, rather like the Opposition Party, ..... they have all the answers ........ ?

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by Jack Woodford

22nd December 2013, at 16:35:51

Mat - just for the record, I am a fervent supporter of the trade union movement. I just think in this particular case, their fascination with Wightlink is at best misplaced and at worst damaging given the fact they have set about rubbishing a company that employs nearly 200 Island people.

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by Jack Woodford

22nd December 2013, at 16:35:50

Mat - just for the record, I am a fervent supporter of the trade union movement. I just think in this particular case, their fascination with Wightlink is at best misplaced and at worst damaging given the fact they have set about rubbishing a company that employs nearly 200 Island people.

Any views or opinions presented in the comments above are solely those of the author and do not represent those of the Isle of Wight County Press.

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