Ferry service cut results in job losses

Posted 14/08/2012

Redundancy payouts are to be handed to 20 members of staff as a result of the decision to axe a ferry crossing to the Netherlands from East Anglia.The roll-on roll-off service between Ipswich and Rotterdam was operated by CLdN, which is part of the Luxembourg-based Cobelfret company.According to a report by the East Anglian Daily Times, the decision to cut the crossing has been made only five months after the second of two new purpose-built vessels was allocated to the route.In a letter to members of staff, CLdN indicated the axing of the service is due to the economic downturn, adding: “CLdN regret to announce that under the prevailing circumstances, the board have decided to stop the service between Rotterdam and Ipswich.”CLdN was founded back in 1928 and its latest financial figures show it boasts a turnover of more than €1 billion (£783 million).