CERRE’s Director General, Bruno Liebhaberg, comments to Politico on the European Commissions decision to block the planned takeover of Daewoo Shipbuilding & Marine Engineering by Hyundai Heavy Industries Holdings in the context of tensions between competition and industrial policies.
“In an environment affected by peak prices for gas, the Commission wants to ensure that freight rates for LNG don’t increase further, due to too high concentration in the LNG carrier building market. The Commission is clearly giving a signal about its concern over energy prices” explained Liebhaberg.
Read the full article in Politico Pro (14 January 2021).