Saturday, May 16, 2015

British justice flip-flopped and finally allowed … My Ferry – La Voix du Nord

This is a great “whew” of relief for the six hundred employees of SeaFrance SCOP for their officers, elected for the sector, for all the Calais: British justice has made a dramatic about-face yesterday by authorizing the company My Ferry Link (operated by SCOP) to continue trading between Calais and Dover.

The decision of the British competition authority is broken. It considered that the arrival on the cross-Channel market for My Ferry Link company had caused a distortion of competition in the strait, given the presence in the assembly, the Eurotunnel Group (see below) .

She had fixed the date 9 July My Ferry Link ceased operations. Yesterday, the Competition Authority, disowned, said she was “ study the ruling ” before deciding whether to appeal or not before the Supreme Court.



The sale stopped?

The decision to invalidate first consequence of this fatal deadline of 9 July. It could especially push the Eurotunnel Group to reconsider its strategy. On 9 January, following a further adverse court decision of the British competition, the CEO Jacques Gounon had decided to throw in the towel: “ Clearly, Britain does not want to Eurotunnel in the maritime market, we seek So a buyer for this business , “he said then. The sales process is still ongoing, but Jacques Gounon may be tempted to stop it. British justice back to better feelings, nothing prevents Eurotunnel to keep this business Marine, he considers strategic and profitable.



governance problem

Rest a governance problem to solve. The 13avril, the Supervisory Board of SeaFrance SCOP, chaired by Didier Cappelle, a former leader of SeaFrance and northern maritime union had revoked the management board Doutrebente Raphael, Assistant Director General, and humiliated the general manager Jean-Michel Giguet in the ousting of President of the Management Board. This maneuver was very badly perceived by Jacques Gounon, who had conditioned its involvement in the case to the presence of these two leaders.

Yesterday, Jacques Gounon has not reacted to the decision of the court Call, services taking the time to analyze the sixty pages of the judgment.

Will it sell or not its subsidiary My Ferry Link? A decision should be taken quickly: the charter contracts that bind to SCOP SeaFrance expire July 2

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