SeaCo acquires Holyman stake

SeaCo acquires Holyman stake

SEACONTAINERS has acquired full control of cross-Channel joint venture company Hoverspeed Holyman after buying out Holyman's 50% stake.

Australian ferry operator Holyman went into partnership with SeaCo last year, when the loss-making Ramsgate-Ostend route was wound up and a new Dover-Ostend crossing introduced (Travel Weekly March 11). Holyman had previously operated the service out of Ramsgate with Sally Line under the name Holyman Sally.

A SeaCo spokesman confirmed it had bought out Holyman's stake in a deal that including the acquisition oftwo fast ferries - Rapide and Diamant - for just under £6.1m.

The other details of the transaction remain confidential.


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