Jim Pickard @PickardJE Chief Political Correspondent, Financial Times Jan. 09, 2019 1 min read

Seaborne Freight won’t have its new Ramsgate-Ostend service ready before April, several weeks after Brexit day, officials admitted during a private cross-departmental meeting of Whitehall officials on Monday - story here on @FT
 https://www.ft.com/content/743b112e-136d-11e9-a581-4ff78404524e 

the company isn’t exactly denying this:

Meanwhile it seems the company might have issued “inaccurate investor briefings” last year.

A document entitled “Seaborne Freight (UK) Limited — Investor Briefing April 2018”, claimed the company had “detailed port agreements with both Ramsgate and Ostend negotiated and agreed”.

This wasn’t true.

Director Brian Raincock told me yesterday: “An agreement with Ostend is largely agreed and Ramsgate is nearing completion...They have been in negotiation for two years . . . Seaborne has never claimed to have signed contracts with Ramsgate or Ostend.”

Do I emailed him the investor presentation, which included these passages:

A little later a Seaborne employee emailed to say that the document was genuine. “I am confirming on the [sic] behalf of Brian that this is a Seaborne document.”

so why did Seaborne chief executive Ben Sharp tell my colleague @Petercampbell1 just before New Year that the contracts had been signed?
 https://www.google.co.uk/amp/s/amp.ft.com/content/ad549baa-0d10-11e9-acdc-4d9976f1533b 


You can follow @PickardJE.



Bookmark

____
Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.

Enjoy Threader? Sign up.

Threader is an independent project created by only two developers. The site gets 500,000+ visits a month and our iOS Twitter client was featured as an App of the Day by Apple. Running this space is expensive and time consuming. If you find Threader useful, please consider supporting us to make it a sustainable project.