Oil price fall gives hope to ferry firm
Saturday 8th November 2008, 9:58AM GMT.
HD Ferries has hinted that it may return in the spring following the dramatic drop in oil prices.
The troubled firm, which two months ago cancelled all autumn/winter routes because of high fuel prices and the economic downturn, said that it was ‘extremely encouraged’ by the recent worldwide decrease in oil costs.
Yesterday Brent oil, which peaked at $147.27 a barrel in July, was down to about $60 a barrel. HD Ferries’ management have recently met to discuss the operator’s future following the drop in prices, but stressed that a final decision will be made after Christmas.
Phil Jones, spokesman for HD Ferries, said: ‘Fuel prices are heading in the right direction and it is certainly good news for us. ‘We have held meetings about our future since the oil prices started to drop and we will keep an eye on what happens over the coming months.’
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Why don’t the States of Jersey take a fixed deposit from HD Ferries for say £2,000,000 which could be returned to them in March 2010 having succesfully completed a winter season. If they retract on this service agreement then the money could be used to reduce Condor’s ramp fees as compensation. HD Ferries cannot be allowed to continue to pick and choose when the operate on this island, leaving Condor to struggle through the hard times alone.
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Good news if true. But!
I as an HD fan; can I trust a company that is as predictable as the weather?
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Can HD really expect to gain their customers back again after numerous times cancelling sailings for losing their ramp licence and leaving people strandard when they feel like it and just pulling out?
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Condor struggle are you having a laugh, at the prices they charge!!!!
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I agree with Jon. HD ferries, or any competitor to condor would help, but HD’s attitude of ‘When we want, if we want’, how stupid do they think we are. There should be an ultimatum, ‘Put up or Push Off!’ At least that will leave a clear feild.
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