Independent journal on economy and transport policy
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Louis Dreyfus Armateurs announces the cessation of the activity to the terminal for bulk of Cherbourg-Octeville
The company: in five years we have lost 12-13 million euros. Negotiations with two potential purchasers
October 16, 2014
"At a certain point, the truth must be looked in face". It is the concise but explanatory comment of Alain Le Guillard, general manager of the operations of the shipowning society French Louis Dreyfus Armateurs (LDA), to the announcement of own company of the decision to stop the activity to the terminal for Cherbourg-Octeville bulk Bulk Terminal of the port of Cherbourg-Octeville, that 31 will close down next December.
The French group had established in 2008 to construct to Cherbourg-Octeville an offshore terminal dedicated to the coal and bulk traffic in particular, terminal that is inaugurated in 2010, with a single year of delay - it has emphasized LDA - and in a moment of a contraction of the market of the coal.
"The enlivened volumes - it has explained the Guillard - represent alone 10% of four the million tons that we hoped of dealing. We have lost money, 12 - 13 million euros in five years, and we do not catch a glimpse perspectives in order to reach an economic balance".
LDA has announced that the Harbour Authority Ports Normands Associés (PNA), that she is owner of the ports of Cherbourg-Octeville and Caen-Ouistreham, is in negotiations with two potential purchasers of the Cherbourg-Octeville society Bulk Terminal. "Our hope - it has emphasized the managing director of the terminalista society, Jean-Michel Sevin - is that the activity of the continuous terminal, even placing side by side other bulk to the coal traffic".
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"At a certain point, the truth must be looked in face". It is the concise but explanatory comment of Alain Le Guillard, general manager of the operations of the shipowning society French Louis Dreyfus Armateurs (LDA), to the announcement of own company of the decision to stop the activity to the terminal for Cherbourg-Octeville bulk Bulk Terminal of the port of Cherbourg-Octeville, that 31 will close down next December.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
