Freight News, Logistics, Business


Eurotunnel to subsidise rail costs

[ May 30, 2013   //   ]

Eurotunnel has launched a subsidy scheme to help through-rail freight operators launch services through the Channel Tunnel. ETICA (Eurotunnel Incentive for Capacity Additions) helps with marketing and service start-up costs and the cost of controls at Frethun, rather than Tunnel access charges which, contrary to some views, are very competitive, says Eurotunnel.

The ETICA mechanism will be available to all railway operators and will provide a one off financial support for start-up investments, for one year. It will be fully funded by Eurotunnel, with no public subsidy, but is based on the EU’s Marco Polo aid system, conforms to European Directives and does not change the access charges set out in the Network Statement.

 

Tags: ,