Eurotunnel puts its ferry business up for sale after competition appeal fails

Eurotunnel puts its ferry business up for sale after competition appeal fails
Group is confident of finding a buyer for MyFerryLink as tribunal upholds ruling that it stop operating out of Dover

Eurotunnel has admitted defeat in its battle to keep its cross-channel ferry business and has put MyFerryLink up for sale after failing to overturn a competition ruling for the second time.

The Competition Appeal Tribunal upheld a decision that MyFerryLink should stop operating out of Dover within six months. Combined with tunnel traffic, Groupe Eurotunnel had just under half of all cross-channel custom.

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Source: Guardian Transport

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