DFDS competitor lost EUR 14 million in 1st half of 2014

Eurotunnel's contentious ferry company in the English Channel, which has been ordered to seize operations by the end of 2014 at the latest, suffered a major loss in spite of an improved revenue.

On Tuesday Eurotunnel's much-discussed ferry operator MyFerryLink published yet another example that the price war and competition on the English Channel, with DFDS in particular, remains exceedingly brutal.

MyFerryLink, established on the remnants of bankrupt SeaFrance and continued by tunnel operator Eurotunnel in 2012, has been barred from calling in British ports by no later than the end of 2014, according to the British Competition Commission, which has ruled that Eurotunnel combined would have too much influence over pricing on the channel.

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