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News

Future of SeaFrance hangs in the balance

By: KentOnline reporter multimediadesk@thekmgroup.co.uk

Published: 12:53, 25 October 2011

Seafrance ship

SeaFrance workers will have to wait until November 16 to find out their fate.

Crunch talks to decide the future of the giant ferry firm in Paris yesterday lasted a gruelling five hours.

None of the options tabled to rescue the stricken company - including a buy-out and liquidation - was ruled out.

The court deferred the decision to fully explore all the options.

mpu1

SeaFrance has been in administration since last year and now the EU has decided a financial rescue package from French firm SNCF can't go ahead.

The firm's crossings returned to normal today after a day of protest yesterday.

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