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Freight focus for tunnel talks
Managers of Eurotunnel are locked in talks to reach agreement on freight train subsidies.
The issue needs to be resolved by the end of November if freight trains are to continuing passing through the tunnel between France and the UK.
The current level of governmental support is £52M a year, or £13,000 for each of the 4,000 freight trains.
EWS, the leading UK freight train operator, has been in meetings with the UK's Department for Transport and Eurotunnel to try and negotiate "a viable rate" for freight transits after November.
An EWS spokesman stated that "such a rate we estimate to be around £300 per train. There is a big opportunity to grow the current 1.5M tonnes a year freight to some 8M tonnes by 2010."
EWS says such a rate is competitive with ferries, short-sea shippingand trucks. It is understood that ferry operators are closely watching this situation in the hope that they might have a chance to take traffic from Eurotunnel. Eurotunnel is also attempting to sort out debt of £6.3Bn.
The issue needs to be resolved by the end of November if freight trains are to continuing passing through the tunnel between France and the UK.
The current level of governmental support is £52M a year, or £13,000 for each of the 4,000 freight trains.
EWS, the leading UK freight train operator, has been in meetings with the UK's Department for Transport and Eurotunnel to try and negotiate "a viable rate" for freight transits after November.
An EWS spokesman stated that "such a rate we estimate to be around £300 per train. There is a big opportunity to grow the current 1.5M tonnes a year freight to some 8M tonnes by 2010."
EWS says such a rate is competitive with ferries, short-sea shippingand trucks. It is understood that ferry operators are closely watching this situation in the hope that they might have a chance to take traffic from Eurotunnel. Eurotunnel is also attempting to sort out debt of £6.3Bn.
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