P&O's Bilbao vessel charter extended
PORTSMOUTH 15 January – DP World's ferry subsidiary P&O Ferries has extended the charter of the 1986-built 37,583-gt Pride of Bilbao for a further three years from October 2007. The vessel has been on charter from owner Irish Continental Group since the mid-1990s for the Portsmouth-Bilbao run. The move scotches fears for the future of the service after longstanding rival Brittany Ferries (Plymouth-Santander) was joined by newcomer Acciona Trasmediterranea (also Portsmouth-Bilbao) on the UK-north Spain route. A P&O spokesman confirmed that in another charter arrangement the chartered fast ferry Express, which operates on P&O’s Irish Sea routes between Larne and Cairnryan/Troon, has been contracted for another five years from October 2007. The Express is owned by Buquebus.