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Arklow ‘had no contract’ with Seaborne Freight

Arklow Shipping has been widely blamed for causing collapse of the DfT’s no-deal Brexit ferry back-up plan by withdrawing backing at short notice. But sources insist the Irish shortsea bulker specialist had not signed any contracts with Seaborne Freight.

A source aware of the situation confirmed that while Seaborne had held lengthy discussions with Arklow last year, with a view to Arklow becoming a financial investor, no agreement was ever reached, and Arklow was never party to any contract with either Seaborne or the Department for Transport

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