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European Ferries
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European Ferries
European Ferries Group plc was a company that operated in passenger and freight ferries, harbour operation and property management in the United Kingdom and the United States. It was taken over by P&O and renamed P&O European Ferries in 1987.
The European Ferries Group was incorporated in 1935 as Monument Securities Limited, becoming a public limited company in 1949.
In 1957, Monument Securities bought a 51% stake in Townsend Car Ferries and in 1959 acquired the remaining shares. The same year Monument Securities changed its name to George Nott Industries Limited.
In 1968, George Nott Industries purchased the Otto Thoresen Shipping Company and its subsidiary Thoresen Car Ferries. As a result of this acquisition it changed its name to European Ferries Limited. In 1971 the Atlantic Steam Navigation Company Limited (trading as Transport Ferry Service) was acquired from the National Freight Corporation. All three of the companies under European Ferries used the name Townsend Thoresen to market their ferry services.
In 1973, European Ferries purchased Larne Harbour Limited and a 50% stake in the former naval dockyard at Harwich. This was followed in 1976 with the acquisition of The Felixstowe Dock and Railway Company.
In 1979, European Ferries entered the property industry in a joint venture for property development in Denver, it expanded this in Atlanta and in 1980 began buying further land in Houston. It had acquired around 5,000 acres (20 km2) of land.
In May 1984, European Ferries Limited transferred its assets to European Ferries Group plc and in January 1985 European Ferries made a further acquisition, when P&O decided to divest its ferry business and sold its operations between Dover and Boulogne and Southampton and Le Havre. These services were formerly known as Normandy Ferries.
On 6 March 1987, the Townsend Thoresen branded roll on/roll off car ferry Herald of Free Enterprise capsized just outside Zeebrugge's harbour about 25 minutes after departure. A subsequent inquiry determined that the ship's bow doors had been left open allowing water to get onto the car deck with 193 deaths as a result of the sinking.
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European Ferries
European Ferries Group plc was a company that operated in passenger and freight ferries, harbour operation and property management in the United Kingdom and the United States. It was taken over by P&O and renamed P&O European Ferries in 1987.
The European Ferries Group was incorporated in 1935 as Monument Securities Limited, becoming a public limited company in 1949.
In 1957, Monument Securities bought a 51% stake in Townsend Car Ferries and in 1959 acquired the remaining shares. The same year Monument Securities changed its name to George Nott Industries Limited.
In 1968, George Nott Industries purchased the Otto Thoresen Shipping Company and its subsidiary Thoresen Car Ferries. As a result of this acquisition it changed its name to European Ferries Limited. In 1971 the Atlantic Steam Navigation Company Limited (trading as Transport Ferry Service) was acquired from the National Freight Corporation. All three of the companies under European Ferries used the name Townsend Thoresen to market their ferry services.
In 1973, European Ferries purchased Larne Harbour Limited and a 50% stake in the former naval dockyard at Harwich. This was followed in 1976 with the acquisition of The Felixstowe Dock and Railway Company.
In 1979, European Ferries entered the property industry in a joint venture for property development in Denver, it expanded this in Atlanta and in 1980 began buying further land in Houston. It had acquired around 5,000 acres (20 km2) of land.
In May 1984, European Ferries Limited transferred its assets to European Ferries Group plc and in January 1985 European Ferries made a further acquisition, when P&O decided to divest its ferry business and sold its operations between Dover and Boulogne and Southampton and Le Havre. These services were formerly known as Normandy Ferries.
On 6 March 1987, the Townsend Thoresen branded roll on/roll off car ferry Herald of Free Enterprise capsized just outside Zeebrugge's harbour about 25 minutes after departure. A subsequent inquiry determined that the ship's bow doors had been left open allowing water to get onto the car deck with 193 deaths as a result of the sinking.