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DP World has completed its acquisition of European feeder and shortsea shipping line Unifeeder after this week securing clearance from European monopolies regulators.
The €660m deal – the first in which a port operator has taken over a carrier – had been investigated by the European Commission’s competition department.
“The commission concluded that the proposed acquisition would raise no competition concerns, as it would have a limited impact on the structure of the markets for the provision of container terminals services and ...
European port congestion now at five-to-six days, and getting worse
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Comment on this article
Budha Majumdar
December 06, 2018 at 3:57 pm“the first in which a port operator has taken over a carrier”
Might Mersey Docks & Harbour Company’s acquisition of Coastal Container Line claim to be the first?