English Channel Ferry Operation Ban Overturned, For Now ...

MarineLink.com
Thursday, December 19, 2013
MyFerry vessel: Photo courtesy of Maritime London

The European Union Competition Appeal Tribunal has overturned a Competition Commission ruling that MyFerryLink, which operates leased ex-Sea France ferries from Groupe Eurotunnel, must stop running its services, reports Maritime London.

However, the judgment was based on arguments of jurisdiction and not the substance of the competition arguments so the Competition Commission will now re-examine the case.

Jacques Gounon, chairman and chief executive officer of Groupe Eurotunnel, stated: “This is a victory for the consumer. We are delighted by the Competition Appeal Tribunal’s decision which recognizes the benefits and practicalities of our presence in the maritime cross-Channel market”

MyFerryLink is run by a co-operative of former SeaFrance staff which has been partly funded by their redundancy pay-offs.

After the ruling, MyFerryLink UK managing director, Robin Wilkins told customers that bookings are safe and the company’s ferries will continue to operate as usual.

The Competition Commission said in a statement: “We have been supported by the [tribunal] on many of the grounds on which the challenge was made – such as fairness of process, assessment of evidence and the choice of remedy. Where the tribunal has found against us is on a legal point relating to the unusual circumstances of the acquisition, namely whether Eurotunnel had acquired an asset or an enterprise. We will now study the judgment carefully and consider how best to address the issue.”

Source: Maritme London

 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Newport News, ODU Partner for Bachelor's Degree Program

Huntington Ingalls Industries (HII) announced today that apprentices at Newport News Shipbuilding will now have the opportunity to earn a bachelor of science degree

Euronav Posts 62% Core Profit Increase

Belgian crude oil shipping group Euronav on Wednesday unveiled a 62 percent rise in first-quarter core profit as daily rates for its fleet rebounded from last year.

Modern Solutions Power Systems Conference

Thomas Alva Edison, who is considered to be one of the most prolific inventors in history, once said, “I find out what the world needs. Then I go ahead and try to invent it.

Contracts

Newport News, ODU Partner for Bachelor's Degree Program

Huntington Ingalls Industries (HII) announced today that apprentices at Newport News Shipbuilding will now have the opportunity to earn a bachelor of science degree

Navios Time Charters Two Product Tankers

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, has announced  that the Nave Equinox and the Nave Pulsar have been chartered out

Azeri Shipyard, BP Sign Vessel Construction Contract

Azeri state energy company SOCAR's shipyard and British oil major BP have signed a $378 million deal to design and build a subsea construction vessel for the Shah Deniz II gas project,

Legal

Korean Prosecutors Raid Home of Ferry's Owner

Prosecutors investigating the fatal sinking of a South Korean ferry have raided the home of Yoo Byung-un, the head of a family that owns the Chonghaejin Marine Co.

Ship as Lifeboat Concept Disputed by ICV

A recent meeting at the National Transportation Safety Board in Washington, D.C. (attended by International Cruise Victims (ICV) Board representatives) discussed

BP Gulf Spill Trial Set For January

The high-stakes penalty phase of BP's trial over its role in the 2010 U.S. Gulf of Mexico oil spill will start next January, court officials said on Tuesday,

Government Update

Korean Prosecutors Raid Home of Ferry's Owner

Prosecutors investigating the fatal sinking of a South Korean ferry have raided the home of Yoo Byung-un, the head of a family that owns the Chonghaejin Marine Co.

UK Subsidises 8 Renewable Energy Contracts

The British government on Wednesday awarded investment contracts under a new subsidy regime to eight renewable energy projects, including five offshore wind farms and three biomass plants.

China's Seizure of Japanese Ship has Pre-WWII Roots

It all began with a pre-World War II contract between China's then "ship king" and a Japanese company to lease two Chinese freighters. When the one-year lease was up in 1937,

Ferries

US Navy Completes Korea Ferry SAR Mission

With concurrence from South Korean commanders, the U.S. Navy amphibious assault ship USS Bonhomme Richard (LHD 6) is departing waters around Jindo, South Korea

BMT, Ares Deliver Luxury Passenger Ferries

BMT Nigel Gee (BMT), a subsidiary of BMT Group, and Ares Shipyard announced that the first two boats of a series of eight luxury passenger ferries destined for Qatar,

Questions Linger About Ill-Fated S.Korea Ferry's Owners

The company that owned the South Korean ferry which sank last week, killing possibly hundreds of people, sprang out of a shipping to cosmetics empire founded by

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Salvage Ship Repair Sonar
rss | archive | history | articles | privacy | 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: 0.1089 sec (9 req/sec)