Mr Joan Dubaere, of the Belgian law firm Racine and Vergels, has been named as liquidator. It was his decision to continue operating the 145 ICF block and shuttle trains throughout Europe, which are managed by three business units: West, East and CIS. The aim is keep the units complete as far as possible, with transport services, staff and customers, in order to attract potential buyers for which negotiations have already started.
Intercontainer was set up in 1967 by the state railways of Europe to develop container services in western Europe initially and throughout the continent since the early 1990s. But the breakup of national railways and the influx of private operators have taken its toll on the company.