EU Approves EUR 270 Million Public Funding for New Terminal at Calais

EU Okays EUR 270m Public Funding for New Terminal at Calais

The European Commission has found that public funding of EUR 270 million to build a new cross‑Channel terminal in the Port of Calais is in line with EU state aid rules.

The new terminal was deemed to further EU transport policy objectives without unduly distorting competition in the internal market.

In April 2015, the French authorities had indicated that they intended to finance a project to expand the Port of Calais, with the funding coming from the French State and local authorities in Pas-de-Calais and, subject to approval, the European Union through the Connecting Europe Facility.

The project to expand the Port of Calais includes, in particular, the building of a new terminal.

France carried out an in-depth financial analysis showing that the terminal operator’s income from the use of the infrastructure would be insufficient to cover the investment costs over a period of 50 years.

Therefore, the project could not have been carried out without public funding. The Commission found that the public funding was limited to the minimum necessary to make the investment possible.

Furthermore, the distortion of competition will be limited given the traffic growth forecasts and the fact that there are other ports and the Eurotunnel which will continue to exert competitive pressure on the Port of Calais.

The Commission has therefore concluded that the positive effects of the project will clearly outweigh any potential distortions of competition brought about by the aid.

The Port of Calais, situated on the strait linking the North Sea to the English Channel, has recently been hit with a wave of traffic blockades and slowdowns caused by a series of strikes organised by MyFerryLink workers over job uncertainties.

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Breakbulk Europe 2017

For more than a decade, Breakbulk Europe has served as the networking hub for industry professionals who do business in Europe — or would like to! Exhibitors and sponsors include cargo owners, ocean carriers, freight forwarders, ports/terminals, heavy haulers, equipment companies and more that are involved in this specialized industry.

In addition to exceptional networking opportunities, Breakbulk Europe provides a dynamic conference, along with a range of educational and training workshops — intensive all-day classes held the day before the exhibition opens as well as many on-the-floor sessions.

  • Over 7,600 participants attended Breakbulk Europe 2016
  • Meet with over 400 exhibitors and sponsors
  • Hear from industry experts, including leading shippers, during the conference sessions
  • Learn new skills in the educational workshops held before the exhibition and on-the-floor micro-seminars and exhibitor-led sessions during the event

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Ferries Asia Summit

Propelling Regional Waterway Connectivity & Fleet-wide Operational Excellence

Ferry travel is in the limelight. The potential for driving tourism growth is immense – and for archipelago nations battling with urban congestion, ferry services pose a clean, efficient alternative in everyday public transport. But high-profile ferry accidents have brought ever greater attention to safety regulations for Asia’s maritime travel industry.

Amid these circumstances, how can vessel operators cope with ever-tightening safety requirements, while making the right decisions at the right time to capture rising demand? What are the smartest ways to improve service reliability and fleet quality, that maximize operating and capital spend? What are the industry’s best-practices for sustainable growth, and how can they be achieved?

Play your part! Join us at the Ferries Asia Summit 2017 to push forward the regional debate on making Asia’s ferry industry more progressive, safe, and commercially sustainable. Bringing together fast-ferry, RO-RO and ROPAX vessel owners along with international and domestic maritime regulators, classification agencies, shipbuilders and naval architects, this event connects the entire value chain for a meaningful holistic debate on ferry operations excellence in Asia.

WHAT’S ON THE AGENDA THIS YEAR?

Comprehensive debates on addressing the complexity of ferry safety in Asia: Is vessel age truly the greatest concern? How significant are other factors, and how can they be addressed?

Pathways to change through greater public-private collaboration

Contrasting viewpoints on the most effective ways to enhance operational stability & passenger management

Cost-efficient O&M strategies to extend vessel life & tips for stakeholder management to avoid purchasing mistakes

Integrating ferry business with tourism opportunities through strategic partnerships

Exciting formats including speed networking, panel discussions & a high-intensity fast-pitch ‘Shark Tank’!

For more information, click here to download the brochure.
If you would like to attend the event, register here before 3rd February to save USD 400.
Alternatively, email us at enquiry@iqpc.com.sg 
for any enquiries regarding the event.

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