Wightlink: Difference between revisions

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From May 2008 Wightlink introduced a fuel surcharge on all crossings, linked to the price of [[Brent Crude]] oil.<ref>{{cite web| url=http://www.wightlink.co.uk/fuel/index.htm|publisher= Wightlink| title=Fuel Surcharge| accessdate=29 March 2009 |archiveurl = https://web.archive.org/web/20080822170046/http://www.wightlink.co.uk/fuel/index.htm |archivedate = 22 August 2008}}</ref> However, in November 2008 the surcharge dropped to zero following the sharp reduction in crude prices during the [[Financial crisis of 2007–2010|credit crunch]] and as of November 2009 is still at zero.
 
Wightlink planned to spend £17.5M on improving their Portsmouth to Fishbourne route.<ref name="WLports-fishUpgradePage">{{cite web| url=http://www.wightlink.co.uk/portsmouth---fishbourne.aspx| title=Portsmouth to Fishbourne Investment| publisher=Wightlink| accessdate=2009-03-27}}</ref> This involved remodelling the terminal facilities at both Fishbourne and Portsmouth. Their flagship {{MV|St Clare|3=2}} was to have its upper car deck adjusted so vehicles access it directly from on-shore ramps. Two of the older ferries were to be stretched in length by 12 metres, with upper car decks similar to ''St Clare'''s being added, replacing movable mezzanine decks. Of the remaining two ferries, {{MV|St Catherine|3=2}} has been sold and {{MV|St Helen|3=2}} was used mainly for freight until she too was sold.<ref name="WLports-fishUpgradeLeaflet">{{cite web| url=http://www.wightlink.co.uk/media/41618/ports_fis_brochure.pdf| title=Portsmouth to Fishbourne Car Ferry Service – The Way Forward| publisher=Wightlink| date=Summer 2008}}</ref><ref name="IWCPwightlinkStretching">{{cite web| url=http://www.iwcp.co.uk/news/wightlink-stretching-capacity-on-board-20118.aspx| title=Wightlink Stretching Capacity on Board| author=Lorraine Parker| publisher=[[Isle of Wight County Press]]| date=18 April 2008| accessdate=27 March 2009}}</ref>

On 15 May 2015, Wightlink announced a revised investment of £45m to include the purchase a new ferry, upgrading ''St Clare'' and modifications to the terminals at both ends to facilitate double-deck loading.<ref>http://www.wightlink.co.uk/iow/pressrelease/wightlink-invests-45-million-new-ship-port-facilities/</ref>
 
On Monday 16 February 2015, Wightlink was sold by the [[Macquarie Group|Macquarie]] European Infrastructure Fund to [[Balfour Beatty]] Infrastructure Partners for an undisclosed sum.<ref>http://www.iwcp.co.uk/news/news/wightlink-bought-by-balfour-beatty-infrastructure-partners-76519.aspx</ref>