P&O Sues U.K. Over No-Deal Brexit Settlement With Eurotunnel

By Jonathan Browning (Bloomberg) -- P&O Ferries Ltd. sued the British government over its handling of no-deal Brexit preparations, saying that a 33 million-pound ($42 million) settlement with a rival failed to treat all the companies equally. The ferry firm said the U.K.’s last-minute deal with the owners of the Channel Tunnel was “irrational” and signed “for improper … [Read more...]

U.K. Government Cancels Ferry Contracts for No-Deal Brexit

By Tim Ross, Jessica Shankleman and Lucca de Paoli (Bloomberg) -- The U.K. government canceled contracts for additional shipping in the event of a no-deal Brexit, a move likely to increase pressure on Prime Minister Theresa May over her strategy for leaving the European Union. The ferry contracts were meant to guard against shortages of key items like medicines and … [Read more...]

Danish Fishing Communities Fear Brexit Could Sink Them

By Andreas Mortensen COPENHAGEN, April 30 (Reuters) - In the small fishing town of Thyboron on the northwestern coast of Denmark, many fishermen worry the British waters they have become increasingly dependent on will be out of reach when Britain leaves the European Union. Poul Erik Rom, 35, and his father Ejvind, 65, are from a long line of fishermen. Each year they … [Read more...]

Zeebrugge Port Chief: Brexit Fog Worse Than No-Deal Risk

By Clare Roth ZEEBRUGGE, Belgium, April 9 (Reuters) - Uncertainty over Britain's departure from the European Union is worse than the prospect of a "no deal" Brexit just days away, according to the head of the port of Zeebrugge. The Belgian port, half of whose cargo exports head to Britain, has hired more than 140 new customs officers and paved more than 500 new parking spots … [Read more...]

UK P&I Club Gets Green Light for Dutch Brexit Hub

LONDON, March 26 (Reuters) - British ship insurer UK P&I Club has received approval from the Dutch regulator for a new subsidiary in Rotterdam to ensure continued access to trade in the European Union in case Britain loses single market access, it said on Tuesday. UK Club is the second specialist Protection and Indemnity (P&I) club to announce regulatory approval for … [Read more...]