FMC approves Gemini Cooperation despite anti-competitive 'concerns'
The Federal Maritime Commission (FMC) has admitted to “questions and concerns” over whether the Maersk ...
MAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT JBHT: SHORT-LIVED RALLY AND STEADY YIELDGXO: NEW ZENITH KNIN: STRENGTH CHRW: MOMENTUMWTC: WEAKENING
MAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT JBHT: SHORT-LIVED RALLY AND STEADY YIELDGXO: NEW ZENITH KNIN: STRENGTH CHRW: MOMENTUMWTC: WEAKENING
MyFerryLink is the phoenix that rose from the ashes of SeaFrance. Run as a collective by former SeaFrance workers – and at whose doorstep the blame for the demise of the company had been laid – it was always going to struggle in the highly competitive cross-Channel trades. It came as little surprise when channel tunnel operator Eurotunnel stepped in to buy the three ex-SeaFrance vessels, Rodin, Berlioz and Nord Pas de Calais, for €65m last year with the intention of leasing them back to MyFerrryLink. But the UK’s competition commission appears set on blocking the deal.
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