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Transcripts for BBCNEWS BBC News at One 20220317 13:22:00

Moment to stay on board those ships. piano operates on a number of key routes from the uk including dover, calais crossing. it was very badly hit financially during the pandemic, affected by a drop in demand and i ve got part of a statement p&o has released in the last few minutes saying it s not a viable business, we made £100 million loss, it said, which has been covered by its parent company, dp world. it said this is not sustainable and its survival is dependent on making swift and significant changes now and without these changes it says there is no future for p&o ferries. the earlier a spokesperson said all ships were being asked to stay in port in preparation for a major company announcement. services are not running for the moment and passengers are being directed, or customers are being directed to alternative ferry operators. the transport secretary grant shapps said this lunchtime he was very concerned and that he would be ....

Calais Crossing , Dp World , Po Ferries , 00 Million , 100 Million , Company Announcement , Grant Shapps , Ferry Operators ,