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Hoverspeed restarts ferry route in Holyman deal

Thursday 05 March 1998 00:02 GMT
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Hoverspeed restarts ferry route in Holyman deal

HOVERSPEED, which is owned by Sea Containers, will restart one of the oldest cross-Channel routes as part of a new joint venture with Australian shipping and transport group Holyman. Hoverspeed will start a new fast- ferry service between the Dover and Ostend in Belgium tomorrow. Dover- Ostend services were operated for 147 years until 31 December, 1993 when the then Belgian state operator RMT transferred the service to Ramsgate in the UK. The new service is part of Hoverspeed's agreement with Holyman, announced yesterday, to take over Silja Line's 50 per cent stake in Holyman Sally for a nominal sum.

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