P&O Ferries, which runs sailings from Scotland to Northern Ireland, has suspended sailings ahead of a "major announcement" but insisted it is "not going into liquidation".
In an internal company statement, the ferry operator said it will be "making a major announcement today" which would "secure the long-term viability of P&O Ferries".
All sailing staff working for P&O Ferries have been made redundant, it has been reported. ITV News said the redundancy is with 'immediate effect'.
