Arab Today, arab today denmarks dfds buys eurotunnel ferries after uk legal wrangle
Last Updated : GMT 16:18:17
Arab Today, arab today
Arab Today, arab today

Denmark's DFDS buys Eurotunnel ferries after UK legal wrangle

Arab Today, arab today

Arab Today, arab today Denmark's DFDS buys Eurotunnel ferries after UK legal wrangle

The Berlioz leaves Calais harbour
Copenhagen - AFP

Danish ferry operator DFDS said on Monday it had agreed to buy two ferries from rail tunnel operator Eurotunnel, which had faced antitrust action in Britain over its Dover to Calais service.

"DFDS has submitted a binding offer to Eurotunnel for the charter or purchase of the ferries Rodin and Berlioz with an effective date of July 2, 2015, based on terms and conditions agreed with Eurotunnel," the Danish group said in a statement.

The value of the transaction was not disclosed.

Eurotunnel said in May it would not renew contracts expiring on July 2 under which it leased three ferries it had acquired in 2012 from bankrupt maritime transporter SeaFrance to Scop SeaFrance, a cooperative of employee-owners of the re-baptised MyFerryLink line.

Eurotunnel said it "regrets that the Scop SeaFrance has not had the support it needed to be able to present a takeover proposal."

"The Eurotunnel Group believes that the constructive manner in which DFDS conducted itself during the recruitment of ex SeaFrance personnel in 2012 gives hope for the best solution possible with regard to preserving employment," it said.
On Monday Eurotunnel CEO however stressed that not all MyFerryLink personnel would retain their jobs.

"There will be a handover plan with retentions, I hope at a maximal number, but it will evidently not be equal to 100 percent of those concerned, I believe that everyone has understood that for a long time," said Jacques Gounon in a telephone press briefing.

Britain's Competition and Markets Authority (CMA) had argued Eurotunnel's partnership with MyFerryLink allowed the cross-Channel operator to dominate the competition.

On May 15, a British appeals court supported MyFerryLink's challenge to a decision by the CMA banning the company's service.

However, the CMA indicated it would likely take its complaint to a higher court, creating an atmosphere of uncertainty Eurotunnel said it took into account in ending its MyFerryLink contract.

 

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today denmarks dfds buys eurotunnel ferries after uk legal wrangle Arab Today, arab today denmarks dfds buys eurotunnel ferries after uk legal wrangle

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today denmarks dfds buys eurotunnel ferries after uk legal wrangle Arab Today, arab today denmarks dfds buys eurotunnel ferries after uk legal wrangle

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday