DOCSLIB.ORG

Stena/DFDS Merger Inquiry Final Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Stena/DFDS Merger Inquiry Final Report Stena AB and DFDS A/S merger inquiry A report on the completed acquisition by Stena AB from DFDS A/S of certain vessels and assets operated on the Irish Sea 29 June 2011 Competition Commission 2011 Website: www.competition-commission.org.uk Members of the Competition Commission who conducted this inquiry Dr Peter Davis (Chairman of the Group) Phil Evans Richard Farrant Anthony Morris Chief Executive and Secretary of the Competition Commission David Saunders The Competition Commission has excluded from this published version of the final report information which the inquiry group considers should be excluded having regard to the three considerations set out in section 244 of the Enterprise Act 2002 (specified information: considerations relevant to disclosure). The omissions are indicated by []. Some numbers have been replaced by a range. These are shown in square brackets. Non-sensitive wording is also indicated in square brackets. Contents Page Summary .............................................................................................................................. 3 Findings ................................................................................................................................ 7 1. The reference .................................................................................................................. 7 2. The parties ...................................................................................................................... 7 Stena .............................................................................................................................. 7 DFDS .............................................................................................................................. 8 3. The transaction ............................................................................................................... 8 4. Jurisdiction ...................................................................................................................... 9 5. The ferry operators, their Irish Sea services, and relevant markets ............................... 10 Operators ...................................................................................................................... 10 Seatruck .................................................................................................................... 10 Irish Ferries ................................................................................................................ 11 P&O ........................................................................................................................... 12 Services ........................................................................................................................ 12 Relevant markets .......................................................................................................... 15 6. Prevailing economic conditions and capacity operated .................................................. 15 7. The counterfactual ........................................................................................................ 17 Our approach ................................................................................................................ 18 Stena’s activities in the counterfactual ........................................................................... 19 Fleetwood–Larne closure ........................................................................................... 19 Opening an alternative diagonal route ....................................................................... 25 Strategic reasons for Stena to maintain a diagonal route in the counterfactual .......... 26 Finding on Stena’s operations in the diagonal corridor in the counterfactual .............. 26 DFDS ............................................................................................................................ 26 DFDS views and evidence ......................................................................................... 26 Our view .................................................................................................................... 27 Third parties .................................................................................................................. 27 Our view ........................................................................................................................ 27 8. Theories of harm ........................................................................................................... 28 Loss of actual competition ............................................................................................. 28 Loss of potential competition ......................................................................................... 29 Increased likelihood of coordinated effects .................................................................... 29 9. Evidence on the extent to which freight services on different routes constrain each other ........................................................................................................................... 30 Relationship between volumes, capacity and revenues on different routes ................... 30 Diagonal corridor events: NFL introduction of E-type vessels and Seatruck introduction of Heysham–Larne route ...................................................................... 31 Central corridor event ................................................................................................ 31 Northern corridor event .............................................................................................. 32 Diagonal corridor event: closure of Fleetwood–Larne ................................................ 33 Our view .................................................................................................................... 33 The GfK survey ............................................................................................................. 33 Stena’s view .............................................................................................................. 34 Our analysis ............................................................................................................... 34 Information on origin and destination of Stena’s freight customers ................................ 36 Information on customer accounts ................................................................................. 37 Views of ferry operators and ports ................................................................................. 38 Ferry operators .......................................................................................................... 38 Ports .......................................................................................................................... 40 Our view of competition within and between corridors ................................................... 41 10. Extent of competition within corridors and between unaccompanied and accompanied services ...................................................................................................................... 41 Evidence and analysis ................................................................................................... 42 1 Our view ........................................................................................................................ 43 11. Barriers to entry, expansion and exit ............................................................................. 44 Entry costs .................................................................................................................... 44 Ship availability .......................................................................................................... 44 Berth availability and port costs ................................................................................. 45 Exit costs ....................................................................................................................... 45 Customer switching costs .............................................................................................. 45 Recent entry or expansion in the Irish Sea .................................................................... 46 Plans for entry and expansion ....................................................................................... 46 Our view of competitive entry ........................................................................................ 47 12. Passengers ................................................................................................................... 47 Stena’s case ................................................................................................................. 47 Third-party views ........................................................................................................... 48 Our analysis .................................................................................................................. 48 Price movements ....................................................................................................... 49 Passenger volumes ................................................................................................... 49 Catchment areas ....................................................................................................... 50 Our view .......................................................................................................................
Load more

Recommended publications
  • WP3 1 Cor1 Rosyth Zeebrugge Ferry Service Business Impact Study November 2011
    Rosyth – Zeebrugge Ferry Service: Business Impacts – Data Refresh Final Report November 2011 The Spyria Partnership Contents 1 INTRODUCTION 3 1.1 INTRODUCTION 3 1.2 RESEARCH OBJECTIVES AND SCOPE OF WORK 3 1.3 STRUCTURE OF THIS REPORT 4 2 ROSYTH – ZEEBRUGGE FERRY SERVICE 5 2.1 INTRODUCTION 5 2.2 IMPACT OF A NEW CONNECTION BETWEEN SCOTLAND AND EUROPE 5 2.3 CHRONOLOGICAL HISTORY OF THE ROSYTH – ZEEBRUGGE FERRY SERVICE 6 2.4 CURRENT SERVICE PROVISION 7 2.5 VOLUMES AND KEY CUSTOMERS 8 2.6 FUNDING SUPPORT 10 3 HAULAGE INDUSTRY PERSPECTIVES 12 3.1 INTRODUCTION 12 3.2 WORKSHOP WITH RHA MEMBERS 12 3.3 SURVEY OF MAJOR SCOTTISH HAULIERS 12 3.4 VOLUMES, ROUTES AND JOURNEY TIMES 13 3.5 DECISION-MAKING AND CONTRACTUAL ARRANGEMENTS 15 3.6 BENEFITS OF THE FERRY SERVICE 15 3.7 FACTORS INFLUENCING ROUTE DECISION-MAKING 16 3.8 FUNDING AND SUPPORT 19 3.9 KEY FACTORS INHIBITING USAGE OF THE FERRY SERVICE 19 3.10 WHAT ACTIONS ARE REQUIRED TO GROW VOLUMES 19 4 BUSINESS SECTOR PERSPECTIVES 20 4.1 INTRODUCTION 20 4.2 OVERVIEW OF SCOTTISH MANUFACTURING SECTORS 20 4.3 BUSINESS SECTOR DECISION-MAKING AND IMPACTS 26 4.4 CONCLUSIONS 27 5 CONCLUSIONS 28 5.1 INTRODUCTION 28 5.2 KEY AREAS FOR CONSIDERATION 28 5.3 SUMMARY OF FINDINGS 30 APPENDIX A – QUESTIONNAIRE 31 2 | R o s y t h – Zeebrugge Ferry S e r v i c e – Business Impact Refresh The Spyria Partnership 1 Introduction 1.1 Introduction SEStran is a key partner in the Food Port Project, which is an Interreg IVB North Sea Region project, funded by the European Regional Development Fund (ERDF).
    [Show full text]
  • Autumn 2011 [email protected] Follow Us on Twitter: @Kinsalenews
    Pic John Allen DRAGON GOLD CUP FOR KINSALE IN 2012... SÁILE FAMILY FUN DAY... 1st DAY AT SCHOOL ... DEBS PHOTOS... Vol. 34 No. 4 Est December 1976 by Frank Hurley Autumn 2011 www.kinsalenews.com [email protected] follow us on twitter: @kinsalenews Pic John Allen Footprints 20/21 Main Street, Kinsale Footprints 64A Main Street, Kinsale T/F: (021) 477 7898 T/F (021) 477 7032 Ladies & Gents Footwear Ladies & Childrens Footwear End of Season Clearance Sale Now On!!! The Blue Haven Collection Kinsale Christmas Party Packages To Suit Every Budget Tel: 021-4772209 Email: [email protected] The Collection Package • Accommodation @ The Blue Haven Hotel or The Old Bank Town House • Dinner @ the award winning Restaurant or Bistro at The Blue Haven Hotel or Seafood @ Aperitif Wine and Seafood Bar. www.bluehavencollection.com • Live Music in The Blue Haven / Seanachai Bar / DJ @ Hamlets Café Bar • Reserved area in Hamlets such as the VIP room. (Subject to availabilty) www.hamletsofkinsale.com • Passes to Studio Blue Night Club. We can reserve the exclusive Bollinger Lounge for you with its own private bar, hostess & smoking area • Party Nights €65 per person sharing The Blue Haven Package • Dinner @ the award winning Blue Haven Restaurant or Bistro at The Blue Haven Hotel www.bluehavenkinsale.com • Live Music in The Blue Haven / Seanachai Bar / DJ @ Hamlets Café Bar • Reserved area in Hamlets such as the VIP room. (Subject to availabilty). www.hamletsofkinsale.com • Passes to Studio Blue Night Club. We can reserve the exclusive Bollinger Lounge for you with its own private bar, hostess & smoking area • This package is €30 per person The Hamlets Package • Finger Food @ Hamlets Café Bar www.hamletsofkinsale.com • Live Music in The Blue Haven / Seanachai Bar / DJ @ Hamlets Café Bar • Reserved area in Hamlets such as the VIP room.
    [Show full text]
  • Gillar Inte Kontor Intendenten Ingela Örnberg Har Jobbat Ombord I Över 30 År
    sjöbefälen TIDSKRIFTEN FÖR SJÖBEFÄL UTGIVEN AV SJÖBEFÄLSFÖRENINGEN NR 1 FEBRUARI 2019 ÅRGÅNG 8 TEMA BRAND OMBORD Nya bränslen – nya utmaningar NYHETER Nils Brandberg ny Saco-S ordförande i Trafikverket INTERVJUN Johnny volonterade på Mercy ships GILLAR INTE KONTOR INTENDENTEN INGELA ÖRNBERG HAR JOBBAT OMBORD I ÖVER 30 ÅR SJÖBEFÄLSFÖRENINGEN MARITIME OFFICERS’ ASSOCIATION SJOBEFALSFORENINGEN.SE LEDARE Vi välkomnar en ny intendenturutbildning FEBRUARI höjas med mindre än bruttolönejusteringen, men med årets nya skattetabeller blir det ett riktigt bra nettolöne utfall. God fortsättning på 2019! Avtalen är redan klara, vi är nu inne på det tredje och sista året i vår överenskommelse med både Branschen håller på att förbereda för en större rekryterings- Almega och Sarf. För de som omfattas av Almegas avtal har kampanj till sommaren eftersom arbetsgivare inom sjöfarts- lönejusteringen redan gjorts, samtliga har erhållit 2,3 procent branschen har problem att hitta kompetent personal. Sjöbefäls- på löner och tillägg från den 1 januari. De som omfattas av föreningen kommer att hålla sig försiktigt positiva till denna avtalen med Sarf får sin lönejustering den 1 februari, även på kampanj, vi kommer dock inte att satsa några stora resurser på detta avtalsområde är det 2,3 procent som gäller. plats under konvojen. Sjöbefälsföreningen har tillsammans med Seko sjöfolk kommit Däremot vill vi gärna slå ett slag för en ny utbildning för inten- överens med Sarf om ny kost- och traktamentsersättning att den turbefäl som kommer att starta i Kalmar. Sjöbefäls före ning en gälla från den 1 januari 2019. Samtliga nya siffror finns på har varit initiativtagare och nu efter ett antal år av förberedelser nyhetssidorna i det här numret samt på hemsidan.
    [Show full text]
  • The Media Guide to European Ferry Travel 2013
    The Media Guide to European Ferry Travel 2013 www.aferry.co.uk/offers Inside: • The latest routes & prices • Free ferry apps • Customer ferry reviews • Free wine offers 12:26 PM Back Resultsttss Dover to Calais some extra text too begin my Carrier testing to see the font size and whatat it should 27 Aug 2012 27 Aug 2012 £ 12:34 PM PMPM The World’s Leading Ferry Website 13:55 13:25 Dover Calais £75.00£75.0075 00 16:25 13:55 From: Calais Dover Dover 1h 30m 1h 30m To: 14:20 14:50 Calais App now available Dover Calais £80.00800.0000 17:25 15:55 Calais Dover Depart: 1h 30m 1h 30m 15 Jun 2012 at 15:00 15:30 Return: 0930 for iPhone & Android mobiles Dover Calais £85.000 14 Feb 2012 at 1800 18:25 17:55 Calais Dover 1h 30m 1h 30m Passengers: ONN 16:55 16:25 x 2 Dover Dunkerque £90.00 V x 1 16:25 13:55 ehicle: Dunkerque Dover 1h 30m 1h 30m SEARCH Finding The Best Ferry Deal Has Never Been Easier Ferry Useful Information Online 24/7 Use our one stop shop - To search, compare and book. Search AFerry for: With AFerry, you have access to the largest selection of ferries in Europe and beyond. Up to the minute ferry news. For all ferry routes and more: Fantastic prices and offers all year round. www.aferry.co.uk/ferry-routes.htm Compare the prices of ferries to Choose from all the famous ferry Our top tips to get the cheapest ferries.
    [Show full text]
  • Report Into the Circumstances Surrounding the Loss of Propulsion on Board the Passenger Ro-Ro Motor Vessel 'Stena Europe' On
    REPORT INTO THE CIRCUMSTANCES SURROUNDING THE LOSS OF PROPULSION ON BOARD THE PASSENGER RO-RO MOTOR VESSEL ‘STENA EUROPE’ ON 30TH JANUARY 2003 SHORTLY AFTER DEPARTING The Marine Casualty Investigation Board was ROSSLARE EUROPORT established on the 25 th March, 2003 under The Merchant Shipping (Investigation of Marine Casualties) Act 2000 The copyright in the enclosed report remains with the Marine Casualty Investigation Board by virtue of section 35(5) of the Merchant Shipping (Investigation of Marine Casualties) Act, 2000. No person may produce, reproduce or transmit in any form or by any means this report or any part thereof without the express permission of the Marine Casualty Investigation Board. This report may be freely used for educational purposes. 1 2 CONTENTS PAGE 1. SYNOPSIS 5 2. FACTUAL INFORMATION 6 3. EVENTS PRIOR TO THE INCIDENT 8 4. THE INCIDENT 9 5. EVENTS AFTER THE INCIDENT 10 6. CONCLUSIONS AND FINDINGS 16 7. RECOMMENDATIONS 18 8. APPENDICES 19 3 ACKNOWLEDGEMENT ACKNOWLEDGEMENT . The preliminary investigation into this incident was conducted jointly with the Marine Accident Investigation Branch (MAIB) of the United Kingdom Department for Transport. The Marine Casualty Investigation Board would like to thank the MAIB for the information furnished and for the Preliminary Examination Report provided. Some of the findings and recommendations of the MAIB are reproduced in this Report. 4 SYNOPSIS 1. SYNOPSIS 1.1 "Stena Europe", a 24,828 tonne ro-ro passenger ferry departed Rosslare Europort on 30th January 2003 at 12.09 hours for Fishguard, Wales with 155 passengers and 65 crew on board. 1.2 Approximately 30 minutes later the vessel suffered a complete loss of propulsion and drifted down onto and then past the Tuskar Rock Lighthouse off the Co.
    [Show full text]
  • Third-Country Tourists on the Ferries Linking Germany with Lithuania
    Third-Country Tourists on the Ferries Linking Germany with Lithuania Eleri Jones, Ramunas Povilanskas, Ausrine Armaitiene’ Gediminas Valtas & Egidijus Jurkus Recreation and Tourism Department, Klaipeda University, Lithuania, and Cardiff School of Management, Cardiff Metropolitan University, UK Abstract This paper examines third-country passengers’ travel itineraries on the DFDS Seaways ferry route linking Kiel, Germany with Klaipeda, Lithuania using a mixed-methods approach comprising qualitative and quantitative methods, including geographical information system spatial-cluster analysis. Survey results reveal the predominant third- country passenger groups (i.e. passengers from countries other than Germany and Lithuania) on ferries sailing from Kiel to Klaipeda and back were Latvian (28%), Dutch (20%), British (14%) and Danish (12%) nationals; 86% of Latvian passengers used the ferry to travel between home in Latvia and work in Western Europe. Western European passengers comprised a diverse segment of motorized tourists using the ferry in summer to reach the Baltic States faster than by land. The paper highlights the role of the Kiel– Klaipeda ferry route within the Baltic Sea motorized tourism circuit linking the Baltic and Nordic countries with Western Europe. Key Words: Baltic Sea, ferry lines, motorized tourism circuit, third-country tourists, tourismscape, triangulation Introduction Ferry tourism (Duval, 2007; Gibbons, 1996) is a relatively obscure phenomenon with limited literature available in comparison with other industry sectors, such as leisure, tourism and transportation (e.g. motorized and cruise tourism, shipping). While analysing power relationships between hosts and guests aboard an English Channel ferry, Gibbons (1996, p. 7) noted that ferry tourism: “despite its prominent place within the tourism industry, has been much neglected in the literature ..
    [Show full text]
  • DFDS SEAWAYS LOCATION Grimsby, Lincolnshire, UK BUSINESS SECTOR Freight Shipping SIZE DFDS Group: 6,600 Staff VEHICLES the Humber Viking’S 1.4MW Mitsubishi Generator
    DFDS SEAWAYS LOCATION Grimsby, Lincolnshire, UK BUSINESS SECTOR Freight shipping SIZE DFDS Group: 6,600 staff VEHICLES The Humber Viking’s 1.4MW Mitsubishi generator CHALLENGES FACED 1. The oil in the Humber Viking’s generator was being badly “The filter diluted by fuel. This necessitated oil changes every 250 hours, system represents leading to excessive oil use and maintenance costs exceeding the most £15,000 per annum. cost effective 2. The oil dilution increased engine wear and threatened way to generator reliability. remove fuel dilution from the oil in the Humber Viking’s SOLUTIONS DELIVERED generator. 1. The oil drain interval was safely extended to 1,000 hours by fitting an Extended Oil Life System (EOLS). This unit removed Plug it in, problem solved. the fuel dilution through a combined process of evaporation ” DFDS Chief Engineer and filtration. 2. Engine additive levels and viscosities were kept at optimum levels to maintain lubrication and ensure the reliable operation of the main generator. TECHNICAL GOOD SENSE REMOVING FUEL DILUTION After installing the EOLS the level of fuel dilution dropped steadily from 3.5% to a perfectly safe 0.5%. The EOLS’ protein-rich 1µm cotton element removes the fuel’s heavier hydro-carbons while the evaporation chamber removes and vents lighter hydro-carbons. 4.0 % 3.5 % 3.0 % 2.5 % 2.0 % Fuel Dilution 1.5 % 1.0 % 0.5 % 0.0 % 1 hour 250 hours 500 hours 750 hours 1,000 hours MAINTAINING FLUID PHYSICAL PROPERTIES Over the same extended service period the oil’s Total Base Number (i.e.
    [Show full text]
  • Imdo Netherlands 2009 Layout 1
    Netherlands December 2009 SHIPPING REVIEW INTRODUCTION with rising fuel costs and a reduced demand due in deteriorating The Netherlands is among Ireland’s top 10 trading partners and global markets. In 2007 Xpress Containerline ceased a service serves as the gateway to Europe and the rest of the world for from Shannon Foynes to Rotterdam due to the long distance Irish manufactured goods. Netherlands has a very open between both ports compounded by the adverse affects of economy which relies heavily on foreign trade. The economy is weather and delays. Europe Lines also ceased its service between noted for stable industrial relations, moderate unemployment Drogheda and Rotterdam. and inflation, a sizable current account surplus and an important role as the European transportation hub. Industrial At the end of 2008 capacity on routes to the Netherlands were activity is predominantly in food processing, chemicals, reduced significantly as a result of the decline in demand brought petroleum refining, and electrical machinery. The pace of job on by the economic downturn. BG freightline restructured most growth reached a 10-year high in 2007, but economic growth of their shipping routes between Ireland and The Netherlands. fell sharply in 2008 as fallout from the world financial crisis Southampton was removed from the 400 TEU Belfast- Greenock constricted demand and raised the specter of a recession in - Rotterdam route, and capacity was reduced on the Dublin - 2009. As a gateway to Europe and the rest of the world for Irish Rotterdam -Felixstowe route from 750 TEU to 300 TEU. An goods, there are many Shortsea shipping services between additional vessel was added to the Dublin - Rotterdam route, Ireland and the Netherlands.
    [Show full text]
  • 2017 HELCOM Overview on Port Reception Facilities (PRF)
    Baltic Marine Environment Protection Commission Cooperation Platform on Special Area According to MARPOL CP PRF 7-2017 Annex IV (CP PRF) Hamburg, Germany, 13 September 2017 Document 2 2017 HELCOM Overview on Port Reception Facilities (PRF) Background This document contains a draft update of the PRF Overview with new data for the year 2016. Information received from the Contracting Parties has been included in this update. Information on the following 25 ports has been updated: Copenhagen, Tallinn, Helsinki, Stockholm, Rostock, Kiel, Gothenburg, Klaipeda, Riga, Gdynia, Gdansk, Visby, Lübeck, Malmö, Wismar, Saaremaa, Helsingborg, Szczecin, Ventspils, Stralsund, Trelleborg, Liepaja, Turku, Nynäshamn and Kapellskär. Action requested The Meeting is invited to: take note of the status of updating the port specific information in the HELCOM PRF Overview provide further corrections and updates as needed. Page 1 of 1 Contents of 2017 PRF overview Saint Petersburg (Russia) ............................................................................................................................... 3 Copenhagen (Denmark) [updated in 2017] .............................................................................................. 5 Tallinn (Estonia) [updated in 2017] ............................................................................................................. 8 Helsinki (Finland) [updated in 2017] ........................................................................................................ 11 Stockholm (Sweden) [updated
    [Show full text]
  • Välj Rätt Färja.Indd
    Välj rätt färja Färjetabeller Vart skall vi? Det är med oss du reser 1 Turist i Europa 1-2014 - Välj rätt färja Färjefakta 2014 Linje Rederi Turtäthet Hemsida Bokning/kundservce VÄSTERUT BELGIEN Göteborg - Gent DFDS 5 ggr/v www.freight.dfdsseaways.com 031-65 08 67 DANMARK Göteborg-Frederikshavn Stena Line 5 dagl www.stenaline.se 0770-57 57 00 Varberg-Grenå Stena Line 2 dagl www.stenaline.se 0770-57 57 00 Helsingborg-Helsingör Scandlines var 15:e min www.scandlines.se 042-18 61 00 Helsingborg-Helsingör HH-ferries var 15:e min www.hhferries.se 042-26 80 24 Öresundsbron - Dygnet runt www.oresundsbron.com 040-22 30 00 ENGLAND Göteborg-Immingham DFDS 6 ggr/v www.freight.dfdsseaways.com 031-65 08 67 Göteborg-Tilbury DFDS 2 ggr/v www.freight.dfdsseaways.com 031-65 08 67 NORGE Strömstad-Sandefjord Color Line 4 dagl www.colorline.se 0526-620 00 SÖDERUT BORNHOLM Ystad-Rönne Faergen 4 -8 dagl www.faergen.se 0411-55 87 00 POLEN Ystad-Swinoujscie Polferries 2 dagl www.polferries.se 040-12 17 00 Ystad-Swinoujscie Unity Line 2 dagl www.unityline.se 0411-55 69 00 Karlskrona-Gdynia Stena Line 2 dagl www.stenaline.se 0770-57 57 00 Nynäshamn-Gdansk Polferries Varannan dag www.polferries.se 08-520 68 660 Trelleborg-Swinoujscie Unity Line 3 dagl www.unityline.se 0411-55 69 00 Trelleborg-Swinoujscie TT-Line 1 dagl www-ttline.se 0410-562 00 TYSKLAND Göteborg-Kiel Stena Line 1 dagl www.stenaline.se 0770-57 57 00 Trelleborg-Travemünde TT-Line 3-4 dagl www.ttline.se 0410-562 00 Trelleborg-Rostock TT-Line 3 dagl www.ttline.se 0410-562 00 Trelleborg-Rostock Stena
    [Show full text]
  • Case No COMP/M.2838 - P & O STENA LINE (HOLDING) LIMITED
    EN Case No COMP/M.2838 - P & O STENA LINE (HOLDING) LIMITED Only the English text is available and authentic. REGULATION (EEC) No 4064/89 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 07/08/2002 Also available in the CELEX database Document No 302M2838 Office for Official Publications of the European Communities L-2985 Luxembourg COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 07/08/2002 SG (2002) D/231113 PUBLIC VERSION In the published version of this decision, some information has been omitted pursuant to Article MERGER PROCEDURE 17(2) of Council Regulation (EEC) No 4064/89 ARTICLE 6(1)(b) DECISION concerning non-disclosure of business secrets and other confidential information. The omissions are shown thus […]. Where possible the information To the notifying parties omitted has been replaced by ranges of figures or a general description. Dear Sir/Madam, Subject: Case No COMP/M.2838 - P&O/P&O Stena Line Notification of 05.07.2002 pursuant to Article 4 of Council Regulation No 4064/891 1. On 5 July 2002 the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89, whereby The Peninsular and Oriental Steam Navigation Company (P&O) would acquire full control over P&O Stena Line (Holdings) Limited (“P&OSL), in which P&O already has 60% of the share capital, and Stena Line (UK) Limited (“Stena Line UK”) has 40%. I. THE PARTIES 2. P&O is a UK listed parent company of a diversified group with interests including international container terminal operations, ferry services for freight and passengers, logistics and cargo shipping.
    [Show full text]
  • WP 5.3 Report
    INTERCONNECT IDENTIFIES SUCCESSFUL TRANSNATIONAL FRAMEWORKS AND COLLABORATIONS WITH POTENTIAL FOR PROMOTING PUBLIC TRANSPORT INSIDE AND OUTSIDE THE SOUTH BALTIC AREA AND FOR PROVIDING TRANSNATIONAL ECONOMIC AND SOCIAL DEVELOPMENT Guldborgsund Municipality August 2019 1 www.interconnect.one Table of contents 1. Résumé and recommendations ................................................................................................................. 3 2. Introduction ............................................................................................................................................... 5 3. Method ...................................................................................................................................................... 6 4. The development in passenger and freight bases for selected transnational links .................................. 6 Frederikshavn - Oslo ...................................................................................................................................... 7 Frederikshavn - Gothenburg .......................................................................................................................... 9 Grenaa - Varberg ......................................................................................................................................... 10 Rödby Færgehavn - Puttgarden ................................................................................................................... 11 Elsinore-Helsingborg ...................................................................................................................................
    [Show full text]