Myferrylink sells two of its three ships – Le Figaro

Eurotunnel announced Sunday it has chosen the offer of the Danish DFDS Group for the sale of two of its three ships operated by the company Myferrylink on routes between France and England. The transaction price was not disclosed.

Eurotunnel would have preferred to give Myferrylink, linking Calais to Dover by sea, in a workers’ cooperative, SeaFrance SCOP, rather than DFDS.

“The group, regretting that the Scop SeaFrance has not had the necessary support to make a takeover offer, ads engaging accept the tender submitted by DFDS for leasing sale of Berlioz and Rodin ships,” said the in a statement, adding that he wants revenge continued operation of its third ship, the Nord Pas de Calais.

On January 9, the British appellate court for Competition (Competition appeal court) upheld the position of the authority of the British competition (competition and markets authority, AMF), ruling that the operation of the Dover-Calais route through the Eurotunnel subsidiary represented a distortion of competition by abuse of position dominant in the Channel transport.

Myferrylink was launched in 2012 with the ships purchased by Eurotunnel SeaFrance as part of its liquidation. Competing with the train for freight and passenger traffic, Myferrylink has direct rivals Danish operator DFDS and the British P & O Ferries

Eurotunnel, to whom justice had given six months. give Myferrylink, announced its intention to dispose of the company on May 28, which propelled in the wake Title DFDS at a record level of 854 crowns.

Since the beginning of the year, the action shows a gain of 42% after 35% in 2014 and + 71% in 2013. Eurotunnel shares was up by some 23% at this point in 2015, after + 40% in 2014 and + 31% in 2013.