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