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DFDS rival lost EUR 22 million on the Channel

Money was pouring out of Eurotunnel's contentious ferry company on the English Channel in 2013, MyFerryLink, which is in the midst of a bloody battle with DFDS and P&O.

Eurotunnel's much-discussed ferry operator on the English Channel, which is causing major losses for rivals DFDS and British P&O, suffered an operating deficit of EUR 22 million in 2013, according to Groupe Eurotunnel's annual report, published Thursday.

In the report, the tunnel operator informs of its ferry company, MyFerryLink, which operates three ferries from bankrupt SeaFrance, that the carrier currently has a nine percent market share and that revenue in 2013 came to EUR 74 million, up seven percent compared to the year before, where the recently launched carrier started operating in mid-August.

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