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Displaying items by tag: MyFerryLink Sold

#DoverCalaisLloyds Loading List reports that the Eurotunnel Group announced last week that it agreed to sell the main assets of its MyFerryLink maritime business, claiming that "the conditions necessary to develop freely did not exist".

Eurotunnel said it had received a binding offer from DFDS for a "let to buy sale" of two of its three ferries, Rodin and Berlioz. It added that it "regrets" that the SCOP SeaFrance workers co-operative that has operated the vessels since their purchase by Eurotunnel from SeaFrance "has not had the support it needed to be able to present a takeover proposal".

With regard to MyFerryLink's third vessel, Nord Pas de Calais, Eurotunnel said: "In order to maintain its transport operations, Eurotunnel Group will ask the competition authorities to lift the current prohibition and to enable it to be operated in coordination with the Fixed Link."

Eurotunnel said it believed the UK Competition and Markets Authority (CMA) "should not oppose" the completion of the sale of the two ferries, "which will lead to two maritime operators of equal importance".

With this sale, Eurotunnel said it would "ensure that the activity remains in Calais, a situation which was not achieved when the SeaFrance Moliere was sold by its owner, Le Credit Lyonnais, to be operated in the Irish Sea".

Afloat.ie adds that SeaFrance Moliere which spent a stint for DFDS also on the Dover-Calais service was introduced in March as Stena Superfast X on the Dublin Port-Holyhead route.

The newcomer directly replaced Stena Nordica which incidentally serves for DFDS on the premier UK-France short sea service as Malo Seaways.

For more on this ferry industry development, Lloyds Loading List has the full report here.

Published in Ferry

William M Nixon has been writing about sailing in Ireland and internationally for many years, with his work appearing in leading sailing publications on both sides of the Atlantic. He has been a regular sailing columnist for four decades with national newspapers in Dublin, and has had several sailing books published in Ireland, the UK, and the US. An active sailor, he has owned a number of boats ranging from a Mirror dinghy to a Contessa 35 cruiser-racer, and has been directly involved in building and campaigning two offshore racers. His cruising experience ranges from Iceland to Spain as well as the Caribbean and the Mediterranean, and he has raced three times in both the Fastnet and Round Ireland Races, in addition to sailing on two round Ireland records. A member for ten years of the Council of the Irish Yachting Association (now the Irish Sailing Association), he has been writing for, and at times editing, Ireland's national sailing magazine since its earliest version more than forty years ago