OceanX: Calculating capacity; carriers in the dock; Covid concerns climb
Big is still beautiful
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The UK’s Competition and Markets Authority today reiterated its decision that the acquisition of three ro-ro vessels from bankrupt cross-Channel operator SeaFrance by Eurotunnel and the subsequent lease of them to ex-SeaFrance employees’ cooperative MyFerryLink represented a distortion of market competition in the Dover-Calais trade. There is still room for Eurotunnel to appeal, and judging by the comments of chief executive Jacques Gounon this morning, expect one to be lodged.
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