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© Christian Costa

© Christian Costa

Fred. Olsen Express loses battle over the port of Agaete

Online Member Access Jul 01 2019

High-speedIn a ruling last week, the Court of Justice of the EU rejected an appeal presented by Fred. Olsen S.A. over a sentence dictated by the General Courts of the EU in March 2018, whereby the continued exclusive use of the Port of Agaete on the Island of Gran Canary, by Fred. Olsen, constituted a subsidy by the Government of the Canary Islands to said shipping line.

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