Beleagured cross-Channel ferry operator SeaFrance is no closer to getting back to business.

SeaFrance: nothing doing
A Paris meeting to cement moves by the company’s staff to take on the entity failed on lack of finance, according to media reports.

The co-operative – and potential shipowner – wants EUR 25m ($33m) to EUR 30m in start up capital.

Having secured half of that from a regional government body it was looking for the rest from the government and SeaFrance parent, SNCF.

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