To sign up for Analytiqa's free weekly newsletter, please enter your details below.
Analytiqa will not share this information with third parties.
Deal terminated after Arklow Shipping withdraws support to Seaborne
The UK Government has shelved a logistics contract with Seaborne Freight, that was to kick-in in the event of a No-Deal Brexit, after Irish-based Arklow Shipping withdrew its support to Seaborne.
The UK’s Transport Secretary awarded the £13.8 million deal to Seaborne Freight, a company without any trading history, to operate a freight service between Ramsgate and Ostend, Belgium. The Department for Transport had become aware that Seaborne would not reach its contractual requirements after Arklow Shipping backed out of the arrangement.
It is now negotiating with other companies to find a service provider.