Royal Arctic Line chairman supports break from historic monopoly
The chairman of carrier Royal Arctic is ready to open talks with its owner, the Greenlandic Government, and discuss breaking from its current monopoly on Greenlandic salings. The historical concession is expensive for Greenland, chairman Kuno Fencker tells ShippingWatch.
BY NIKLAS KRIGSLUND
Royal Arctic Line is floating the idea of breaking several decades of monopoly in Greenland by declaring itself ready to give up its exclusive hold on sea freight.
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