Clarkson PLC
12 December 2005
CLARKSON PLC
Channel Freight Ferries Closes Service
Clarkson PLC ('Clarksons'), the world's leading shipping services group, today
announces that their wholly owned subsidiary Channel Freight Ferries Limited ('
CFF') will be ceasing its daily Southampton- Radicatel sailings on December 16
2005.
It is estimated that CFF's operating loss for the year to 31 December 2005 will
be circa £2.5million before exceptional costs arising from its closure.
The vessel presently used on the service, the MV 'CFF Seine', will be
re-deployed.
For further information:
Richard Fulford-Smith Clarkson PLC
Telephone: +44 20 7334 3139
Notes to editors
Background to Clarkson PLC
Clarkson PLC (which is listed on the London Stock Exchange) is acknowledged as
the world's leading shipping services group. Through its unrivalled and
extensive global network of offices it is able to give its clients unique access
to a wide range of shipping services. Clarksons covers shipbroking, research,
publications, derivatives and logistics. Clarksons' strategy is to expand and
develop the group around these key activities.
For further information on Clarkson PLC, please visit the company's website at
www.clarksons.com
This information is provided by RNS
The company news service from the London Stock Exchange