The commercial court in Paris has earlier today announced that the two received bids concerning SeaFrance were not satisfactory. The court has declared the company bankrupt, although operations can continue until 28 January 2012.
The court, however, provides an opportunity to submit revised bids before 12 December 2011.
DFDS and Louis Dreyfus Armateurs has noted the court’s decision and will consider potential next steps.
For more information, please contact Sarah Whelband on 01732 779 087 or email email@example.com.