Menu
09/08/2004
Stena Line buoyed by half-year results
Stena Line Freight has revealed an unprecedented 44% increase in its Irish Sea business during the first six months of 2004 compared with the same period last year.
The figure is part of an overall 11% increase across the company’s entire route network which saw the main increases come from the Republic of Ireland where volumes are up 36%.
However, the main feature of the first six months was been the acquisition of the Larne to Fleetwood route along with three vessels from P&O. From the purchase date in April of this year the route has contributed positively to company volumes, the company said.
Frank Nieuwenhuys, Freight Commercial Manager for Stena Line Freight, said he was 'delighted' by the company's start to the year.
"Competition remains intense though and we are totally focussed on taking our business forward in the second half of this year," he added.
"We continue to look at ways of developing our core activities and have implemented a programme of continuous improvement across every area of our business."
(MB)
The figure is part of an overall 11% increase across the company’s entire route network which saw the main increases come from the Republic of Ireland where volumes are up 36%.
However, the main feature of the first six months was been the acquisition of the Larne to Fleetwood route along with three vessels from P&O. From the purchase date in April of this year the route has contributed positively to company volumes, the company said.
Frank Nieuwenhuys, Freight Commercial Manager for Stena Line Freight, said he was 'delighted' by the company's start to the year.
"Competition remains intense though and we are totally focussed on taking our business forward in the second half of this year," he added.
"We continue to look at ways of developing our core activities and have implemented a programme of continuous improvement across every area of our business."
(MB)
Related Northern Ireland News Stories
Click here for the latest headlines.
08 February 2024
Online Business Ideas Gaining Traction In Northern Ireland
Are you looking for a new business venture that can be operated from the comfort of your own home? The rise of the internet has provided countless opportunities to start an online business and reach customers from all over the world.
Online Business Ideas Gaining Traction In Northern Ireland
Are you looking for a new business venture that can be operated from the comfort of your own home? The rise of the internet has provided countless opportunities to start an online business and reach customers from all over the world.
05 April 2024
Community-Led Street Art Project Complete In East Belfast
The Cregagh and Woodstock Road's in East Belfast have benefitted from a community-led street art project funded by Belfast City Council.
Community-Led Street Art Project Complete In East Belfast
The Cregagh and Woodstock Road's in East Belfast have benefitted from a community-led street art project funded by Belfast City Council.
04 April 2024
Ten Arrests Made During PSNI Safer Business Action Day
Ten arrests were made during a PSNI day of action on business crime on Friday, 29 March. The PSNI worked with a number of partners in the business community as part of a Safer Business Action Day.
Ten Arrests Made During PSNI Safer Business Action Day
Ten arrests were made during a PSNI day of action on business crime on Friday, 29 March. The PSNI worked with a number of partners in the business community as part of a Safer Business Action Day.
04 April 2024
Latest Phase Of Business Net Zero Initiative Launches
The latest phase of an ongoing initiative to help NI firms achieve their net zero ambitions, has been announced by the Department Agriculture, the Environment and Rural Affairs (DAERA), in partnership with Digital Catapult.
Latest Phase Of Business Net Zero Initiative Launches
The latest phase of an ongoing initiative to help NI firms achieve their net zero ambitions, has been announced by the Department Agriculture, the Environment and Rural Affairs (DAERA), in partnership with Digital Catapult.
14 February 2024
Health Minister Unveils New Women's Health Action Plan
Health Minister Robin Swann has unveiled a new Women's Health Action Plan, designed to "pave the way" for a longer-term comprehensive Women's Health Strategy.
Health Minister Unveils New Women's Health Action Plan
Health Minister Robin Swann has unveiled a new Women's Health Action Plan, designed to "pave the way" for a longer-term comprehensive Women's Health Strategy.
-
Northern Ireland WeatherThis Evening and Tonight:A dry evening with late sunny spells and some long clear spells overnight. Becoming cloudier across the north towards dawn with a few showers possible. Touch of frost in south. Minimum temperature 0 °C.
