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Stena Line is to proceed with plans for the £200m relocation of its ferry port from Stranraer to the mouth of Loch Ryan, in order to reduce journey times to Northern Ireland and secure 500 jobs.
Stena Line has submitted plans to Dumfries & Galloway Council for the first phase of the development of a £70m ferry port at Cairnryan, in order to relocate its Irish Sea services from Stranraer.
Stena Line is linking up with Conygar Investment Company to prepare plans to invest up to £100m in the development of a 150-acre site at Holyhead Harbour, including marina, leisure and retail facilities.
Stena Line has won planning permission to develop a new £40m ferry terminal at Cairnryan in Dumfries & Galloway by the end of 2008, in partnership with P&O Irish Sea.
Stena Line is to open a new £35m fast ferry terminal at the Port of Belfast by summer 2008.
Stena Line has confirmed plans to relocate its Irish Sea ferry operation from Stranraer to a shared harbour facility with P&O in Cairnryanin in 2007.
Stena Line is to create 60 call centre and IT jobs in Holyhead, but its Ashford office in Kent is expected to close with the loss of up to 170 jobs.
Stena Line is to invest £70m in a ferry crossing between Northern Ireland and Scotland, by building new terminals at Belfast and Cairnryan by mid 2005.
Stena Line has confirmed plans for a £12m investment in a new double decker berth at the Port of Holyhead, with the creation of 56 jobs.
Stena Line is planning to build a new £13m terminal at Holyhead, which would double the port's passenger and freight volumes.
Stena Line is to launch a new Ropax freight and passenger ship to replace the Stena Challenger between Holyhead and Ireland next spring, in order to double the capacity and reduce the sailing time.
Stena Line is relocating two conventional ferries away from the port of Belfast and back to their original site in Larne, where 43 jobs will be created.