EC Grants P&O, Stena Exemption

Thursday, June 07, 2001
The European Commission granted P&O and Stena Line a six-year exemption from competition rules to operate a cross-Channel ferry service for passengers and freight. "The Commission's recent investigation has not revealed any valid market changes which could justify forcing P&0 of Britain and Stena Line, a subsidiary of Sweden's Stena Line AB, to undo their alliance," it said. The new exemption period, which expires on March 7, 2007, will permit P&0 Stena Line to continue competing with Eurotunnel, Sea France, Hoverspeed and NorfolkLine, the Commission said. The new exemption replaces a three-year exemption that expired March 10. The old exemption, while granted in 1999, had been retroactive to 1998. - (Reuters)
Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Strip Club Barge Accused of Dumping Sewage into Harbor

Owners of floating Kodiak strip club indicted by Federal Grand Jury; Wild Alaskan operators accused of dumping raw sewage into Kodiak Harbor, Alaska   A federal

MOL Expands Container Fleet

Mitsui O.S.K. Lines, Ltd. has signed a deal for construction of four 20,000 TEU containerships with Samsung Heavy Industries. MOL also concluded an MOU for long-term chartering of two 20,

Record Thames Ridership

A record 9.8 million passengers are using the River Thames‎, two years on from the launch of the Mayor's River Action Plan, it was announced today. The River Action Plan,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1449 sec (7 req/sec)