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Sea Containers

Sea Containers has sold Folkestone Harbour to the chairman of the Saga Group for £11m.

Sea Containers is in exclusive negotiations to sell the Isle of Man Steam Packet Company ferry service to private equity firm Montagu for up to £150m.

Sea Containers has finalised the sale of the port of Newhaven to the French county council of Seine Maritime for £15m, which is expected to lead to investment in new passenger and freight facilities.

Sea Containers is investing £8m in the redevelopment of the West Quay in Newhaven, which will involve new homes, a fish market and public open spaces.

Sea Containers is seeking to recruit 74 ship and shore-based staff in Liverpool, in preparation for the launch of its new service to Dublin in April.

Sea Containers of Bermuda is to acquire Isle of Man Steam Packet Company, the ferry operator, for £47m.