EU aims double blow at ferry operators

Article Abstract:

Many European ferry and passenger ship operators are criticizing the European Union's proposal to eliminate duty free sales in EU countries by 1999. The European Community Shipowners Association of Brussels fears that the move could result in disastrous consequences for operators and customers such as higher ticket prices and the cancellation of some routes. The ferry industry in EU countries is comprised of some 300 ships which service some 110 million passengers yearly and generate about $1.44 billion in duty-free revenues.

Regulation and Administration of Transportation Programs, Water Transport Rate Regulatn, Laws, regulations and rules, Finance, European Union, Marine transportation, Rate regulation, Ferries, Duty-free transit, Duty free transit

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Cooperation required to fight Tunnel

Article Abstract:

Ferry operations in the English Channel is being slowly dominated by the Channel Tunnel, principally because of its marketing strategies such as a 50% cut in its fares during the holiday season. The company has already about 40% market share, which is a significant achievement considering that it had only started operating sometime in 1995. To increase competition, the UK government has authorized other ferry operators to engage in cooperative ventures.

Market share, Shipping industry, Channel Tunnel Group-France Manche

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Fast ferries forum

Article Abstract:

The 13th Fast Ferry International Show, held in Singapore in March 1997, had 80 exhibitors, 700 visitors and 107 delegates who attended the conference. One of the key issues discussed was the extension of the cutoff date for the 5% shipbuilding bounty to Australia's shipyards from July 1997 to Dec 1997. Meanwhile, exhibitors of the show focused on various catamaran projects and marine evacuation system for larger fast ferries.

Boat Building, Boat building and repairing, Catamarans, Singapore, Exhibitions, Shipbuilding industry

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