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    From the Telegraph:-

    The ferry company is owned by Dubai state-backed company DP World, my colleague Oliver Gill writes.

    It has been operating without needing to make repayments on £120m of loans for the past two years, according to the parent company's financial filings.

    Lenders gave the operator a 24-month payment holiday from making repayments, which ran out this month.

    DP World also injected a shareholder loan of up to £160m as part of the deal with external lenders.

    But the end of repayment holidays may have put pressure on P&O's finances.

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