Displaying items by tag: 4,000 jobs at risk

7th April 2020

'Running Out of Time’ as P&O Ferries Attempts to Stay Afloat with 4,000 Jobs at Risk

P&O is struggling to convince UK ministers to agree to put in £150m from taxpayers. The ferry firm delivers around 15pc of all the goods imported into Britain. Above AFLOAT adds in this file photo is underway on the Irish Sea P&O's Dublin-Liverpool freight/passenger (ropax) ferry Norbay. Note astern of the freight trailers on the upper deck is an Irish Coast Guard helicopter on a training exercise.

According to The Telegraph, the jobs of almost 4,000 at P&O Ferries are under threat as the 180-year-old firm teeters on the brink of collapse.

The ferry company's Dubai owner is scrambling to agree a £250m rescue deal that will include cuts to staff's wages and pensions alongside a UK Government bailout.

DP World is understood to be preparing to inject tens of millions of pounds to keep the business afloat – but P&O is struggling to convince ministers to agree to put in £150m from taxpayers.

English Channel (and Irish Sea) operator P&O is struggling after passenger numbers collapsed when Britain and swathes of continental Europe went into lockdown last month.

For further reading click here and from a previous related report on measures to concentrate on freight.

Afloat adds that P&O's operation on the Irish Sea is the Dublin-Liverpool route in addition across the North Channel with the Larne-Cairnryan service.

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About the Watersports Inclusion Games

The Watersports Inclusion Games are an award-winning event organised by Irish Sailing with partners from across the watersports sector, that enable people of all abilities from the physical, sensory, intellectual and learning spectrums to take to the water to participate in a wide range of water activities.

More than 250 people with physical, sensory, intellectual and learning disabilities typically take part in the weekend's events.

Participants will have the opportunity to try more sports than ever before, with an expanded range including sailing, kayaking, canoeing, paddle-boarding, rowing, surfing, water skiing and powerboating all on offer.

The Games typically take place each August.

The organisers of the Games want to let people of all abilities know that there are multiple watersports available to them, and to encourage more people from all backgrounds to get involved and out on the water regardless of ability. They aim to highlight that any barriers faced by people with disabilities can be eliminated.

There are social, health and wellness benefits associated with sailing and all watersports. These include improved muscle strength and endurance, improved cardiovascular fitness and increased agility, enhanced spatial awareness, greater mental wellness through the balancing of serotonin levels and the lowering of stress levels, improved concentration and the forging of positive relationships.