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Displaying items by tag: Major Losses

Ferry firm Stena has posted major losses for the first six months of the year after the pandemic devastated travel.

Coronavirus has seen passenger numbers slashed and freight reduced on Stena Line's key routes - including those from Holyhead, Liverpool and Heysham to ports in Ireland and Northern Ireland.

Now Stena AB Group has posted figures from the first six months of the year.

The Stena Line ferry operation had losses of –1,014 Swedish Krona (SEK) (Around -£87m) over the period - the bulk of these losses in the first three months of the year.

For further breakdown Business Live has more of the operator's results.

Published in Ferry

About J/80 Sailing

Easy to handle the J/80 is said to be less intimidating, safer and better suited for sailing offshore than other modern sport boats. 

It even has a full-length V-berth and 12-foot-long cockpit.

Thanks to its combination of stability, speed, durability, low maintenance and age-friendly deck layout, the J/80 has proved to be a great club boat around Irish yacht clubs with fleets popular in Dublin on both sides of the Bay at Howth and Dun Laoghaire. 

The key to a racing keelboat is that it holds the attention and interest of many types of sailors, young and old.  The J80 does it all, with thrilling 15-knot rides under spinnaker or relaxed sunset cruises with mainsail only. 

The Irish J/80 Class Association was formed in 2017 to represent owners, sailors, associated clubs and to help develop J/80 racing in Ireland.