Sunday, 6 January 2019

Worse Things Happen at Sea


There's a lot of opprobrium being heaped on Seaborne Freight for not having the necessary vessels for the contract to run extra ferry services after Brexit.


Spending money on infrastructure and simply hoping business will materialise is very risky. It makes more sense to secure a contract and then charter the vessels - chartering a ship is a very costly exercise, but it is simple. Therefore Seaborne Freight appears to me to be taking the least risk approach, which is sound business practice. It's not as if there are no vessels to charter, and I'm sure they have already conducted negotiations with with shipowners having excess vessels on their hands.

That said, copying and pasting a restaurant's Terms and Conditions casts doubt on the professionalism of the operation.

The mere fact the government has to seek additional capacity demonstrates the folly of a no deal Brexit. That, to me, is the larger issue.


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