The company has gone into administration today. Administrators will now try to find someone to take over the company. There seems to be one company who are keen to operate the line. They want to put a fastcraft on the line capable of taking trucks and cars.
We have to be a bit careful, as my understanding is that TEF is composed of a number of different companies, any one of which may, or may not, still be operational. And we all know that going into administration is not the same as going bust.
What does seem to be clear is that the Ostend Spirit has been repossessed by P&O, that its Slovenian crew are staging an old skool sit-in up at Tilbury claiming they haven't been paid for months, the TEF website is on the fritz, and the two remaining TEF vessels are laid up in Ostend.
It's a bad day for the town, and, of course, a bad day for those people who might lose their jobs as a consequence. But who knows, something may arise from the ashes. Anyone for Euroferries?!!?!
Meanwhile, don't forget that while most of the island's 'journalists' and political commentators were getting their proverbials in a twist about what may or may not be filmed at council meetings, I was bringing you the real news first! Hurrah for ECR!
Click here for the full story in The Gazunder (wot followed up my scoop!).