Displaying items by tag: Offer Made

8th August 2019

Operator Brittany Ferries Have Made Offer for Condor, Say Media Reports

Operator Brittany Ferries have formally submitted an offer to buy Condor, the French ferry company’s president has said, reports Jersey Evening Post.

Speaking to French newspaper Ouest-France, Jean-Marc Roué confirmed the news but said he thought that other businesses would also be submitting an offer.

The news follows another report from the same newspaper in June that the French-based shipping company was putting in the offer to counter a ‘rapid-expansion plan’ from one of its competitors, Danish company DFDS.

The article also said that the move would secure vital ports – St Malo, Poole and Portsmouth – from their competitors.

However, it has been rumoured that other carriers, such as Stena and Irish Ferries, could also be interested.

For more on the Channel Islands operator click here.

Published in Brittany Ferries

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About the Loughs Agency

The Loughs Agency is a governmental body established under the 1998 Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of Ireland. The Agency's goal is to provide sustainable social, economic, and environmental benefits by effectively conserving, managing, promoting, and developing the fisheries and marine resources of the Foyle and Carlingford areas.

The Agency's governing legislation confers several specific functions, including the promotion of development of Lough Foyle and Carlingford Lough for commercial and recreational purposes in respect of marine, fishery, and aquaculture matters. Moreover, the Agency is responsible for managing, conserving, protecting, improving, and developing the inland fisheries of the Foyle and Carlingford areas. Additionally, the Agency has the task of developing and licensing aquaculture, as well as the development of marine tourism.

The Loughs Agency reports to the North South Ministerial Council and its government Sponsor Departments, the Department of Agriculture, Environment and Rural Affairs (DAERA) in Northern Ireland, and the Department of the Environment, Climate, and Communications (DECC) in Ireland. The Departments fund the Agency on an equal basis.

The Loughs Agency's focus on sustainable development is expected to have a positive impact on the economy, environment, and local communities in the Foyle and Carlingford areas. The Agency's efforts to conserve and enhance the region's marine resources, including fisheries and aquaculture, are expected to benefit local communities, promote tourism, and contribute to economic growth.

In conclusion, the Loughs Agency plays a vital role in promoting the sustainable social, economic, and environmental development of the Foyle and Carlingford areas. Its work on marine conservation and development is crucial in ensuring the long-term viability of the region's natural resources and in promoting sustainable economic growth.