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Pam
It will be a sad loss for Scotland if we lose this link with Europe, it is a really nice ferry, and we have always enjoyed sailing on her, and the time it takes to get to Belgium works out great as it usually doesnt arrive until about 12.30 pm or later, which means you can have a bottle of wine and a drink without having to worry about getting up early and driving on the continent the next day. Its usually around 1300 hrs before you get behind the wheel.
It does look though from their website that they intend to replace the ferry with another one so we shall see what happens, we were pretty miffed when they cut the sailings down from every day, so lets hope that this isnt just another knife in the back from this Company, I think they should be made to pay back any money they got from the Government to set up.
This is what it says on their website:
quote:
ANNOUNCEMENT
SALE OF SUPERFAST X
Attica Holdings S.A. announces that it has today contracted to sell to Veolia Transport its ice-class Ro-Pax vessel Superfast X trading between Scotland and Belgium for a total cash consideration of Euro 112 million. The delivery of Superfast X and final payment will take place at the beginning of 2007.
At the time of conclusion of the transaction, Attica Group is expected to book capital gains of approximately Euro 14 mln. The Group’s cash balances are expected to increase by approximately Euro 45 mln after the repayment of the ship’s debt of Euro 65 mln and payment of various expenses related to the transaction.
Attica Group plans to use its cash balances mainly for the purpose of acquiring suitable tonnage to cover current and future requirements of cargo and passenger traffic.
Attica Group intends to replace Superfast X on the Rosyth-Zeebrugge service.
The Board of Directors
For more information please contact:
Attica Group Mr. Yannis CriticosMember of the Board tel.: +30 210 891 9500fax : +30 210 891 9509, e-mail: ir@attica-group.com
www.attica-group.comwww.superfast.comwww.bluestarferries.com
CheersM.
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