Wightlink ferry St Faith outbound from Portsmouth Harbour, 27 June 2013
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Limited Company | |
Industry | Shipping |
Founded | 1991 |
Headquarters | Portsmouth |
Revenue | £59,608,000 (2015) |
£12,343,000 (2015) | |
£11,861,000 (2015) | |
Total assets | £165,179,000 (2015) |
Total equity | £165,166,000 (2015) |
Owner | Balfour Beatty Infrastructure Partners |
Number of employees
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between 600 – 750 |
Website | www.wightlink.co.uk |
Footnotes / references Wightlink's House Flag |
Wightlink is a ferry company operating routes between Hampshire and the Isle of Wight in southern England.
Their core routes are car ferries from Lymington to Yarmouth (40 minutes) and Portsmouth to Fishbourne (45 minutes). A fast passenger-only catamaran operates between Portsmouth Harbour and Ryde Pier Head (taking 22 minutes), and directly links into the Island Line rail line.
Wightlink and its forerunners have provided ferry services to and from the Isle of Wight for more than 160 years. In the early nineteenth century, ferries ran to the island from Lymington and Portsmouth. Later, steam ferries operated a circular route around Lymington, Yarmouth, Cowes, Ryde and Portsmouth. When the rail companies became involved they concentrated on two direct routes, Lymington – Yarmouth and Portsmouth – Ryde. Ownership of the ferries eventually passed from the British Railways Board to Sealink UK Limited.
In 1984 Sealink UK Limited was denationalised and the operating name became Sealink British Ferries, which was subsequently bought by the Bermuda based Sea Containers Ltd. When Stena Line bought Sealink British Ferries in 1990, the Isle of Wight ferries remained with Sea Containers, as ‘Wightlink’. In June 1995 Wightlink was the subject of a management buy-in. In 2005 it was bought by the Macquarie European Infrastructure Fund for an estimated £240,000,000.
In 2004, Wightlink renewed its sponsorship of the Wightlink Raiders ice hockey team,