Samskip opposes vessel sharing agreement between Eimskip and Royal Arctic Line

Samskip opposes vessel sharing agreement between Eimskip and Royal Arctic Line

Icelandic boxship operator Samskip has appealed the Icelandic Competition Authority (ICA)’s decision to approve the cooperation between compatriot competitor Eimskip and Greeland’s Royal Arctic Line.

In April, Royal Arctic Line and Eimskip received formal approval from ICA to enter a vessel sharing agreement.

ICA has been granted time to file its statement, and Eimskip will receive a copy of that statement and be given five days to file a statement of its own. According to Icelandic competition law, the Competition Appeals Committee shall render its ruling within six weeks from the date of the appeal.

“Eimskip is of the opinion that the appeal is unsubstantiated and will continue its preparation for the cooperation,” the company said in a statement.

Eimskip currently operates a fleet of 10 containerships including six reefer boxships and Samskip operates two feeder boxships, while Royal Arctic Line owns a fleet of four feeder boxships.

Last year, Samskip and Eimskip were under investigation by the ICA for alleged illegal collusion activities between 2008 and 2013.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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