Business expansion
United Kingdom
South East; Kent;
Location of affected unit(s)
Transportation / Storage
Land, Water And Air Transportation
Water Transport
50 - Water transport

700 jobs
Number of planned job creations
Job creation
Announcement Date
16 March 2006
Employment effect (start)
Foreseen end date


A fast ferry firm is planning to bring new cross Channel services to the Kent port of Dover, creating about 700 jobs. Navmed Limited has been formed by former Hoverspeed employees, and aims to be in operation by May. It will initially offer services to Calais and Boulogne, then to Ostend, and plans to use three ships. It is also aiming to re-establish a ferry service from Folkestone, and says it wants to offer a first class, high quality service for passengers.



Eurofound (2006), Navmed Limited, Business expansion in United Kingdom, factsheet number 63148, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63148.