TSSA members in the clear in Stena Line redundancies

Stena Line has told The Transport Salaried Staffs’ Association (TSSA) that its members are not at risk of redundancy after the union expressed “huge disappointment” at Stena Line’s announcement of 80 potential redundancies across its shoreside operations without notifying the union of its plans.

Stena Line announced earlier this week that it will be making 80 redundancies across shoreside roles in addition to making 30 consultants redundant in a bid to streamline the ferry company’s operations in a competitive market.

TSSA told Seatrade Maritime News that Stena Line had informed the union that its members are not at risk of redundancy.

The redundancies are understood to primarily affect support functions. A Stena Line spokesperson explained: “Stena Line is currently engaged in an ongoing and open dialogue with employees. On Monday (4^th Nov), the company held a live broadcast and Q&A session with CEO Niclas Mårtensson, where the redundancies of 80 employees and 30 consultants across the Group was announced. The redundancies are expected to mainly affect corporate support roles based in Gothenburg, Sweden, with most roles based at Stena Line’s headquarters in the city and the remaining roles spread across other regions. The process is not expected to affect operational roles."

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Stena Line has over 6,000 employees across Europe and operates 40 vessels on 20 routes across the continent. The company has two “NewMax” ro-ro vessels under construction in China, with a hybrid propulsion system allowing operation on battery, biofuel, and methanol.

In its last earnings release, Stena Line owner Stena AS reported lower operational EBITDA at its ferry operation due to a 1% drop in freight and car volumes compared to same period in 2023, as well as higher costs.

Stena AS is due to release its third quarter results on November 26.