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sandra

Aug 16
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DFDS: Growth Continues But Brexit Lowers Pace

By 2019 Newsletter week 33

Key figures H1

  • Revenue up 10% and EBITDA up 8%
  • Exceptional uncertainty on Brexit is currently reducing UK trade and visibility

Key figures Q2

  • Revenue up 9% to DKK 4.2bn
  • EBITDA up 4% to DKK 989m

The growth in revenue and earnings in Q2 was mainly driven by the expansion in the Mediterranean and higher passenger revenue. A reversal of the UK stockpiling in Q1 lowered freight revenue and earnings in Q2 for most activities linked to UK trade. The latter was mitigated by income from an agreement with UK Department for Transport.

Outlook 2019:

  • 6-8% revenue growth (previously 10-12%)
  • EBITDA-range lowered 6% to DKK 3.5-3.8bn (previously DKK 3.8-4.0bn)

”Brexit is an exceptional situation currently lowering volumes in our ferry and logistics network. In spite of this headwind, we are still on track to continue our growth this year. The work to deliver on our new strategic and financial ambitions has started and progress is well under way,” says Torben Carlsen, CEO.

Aug 16
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FERRY PORTS

By 2019 Newsletter week 33

Port Of Tallinn To Optimize Mooring With Trelleborg’s Automoor

In Q1 of 2020, Trelleborg will install six units of its AutoMoor T40 Twin Arm at the Old City Harbour’s Berth 13 cruise ferry wharf to facilitate faster berthing processes and improve safety levels within the port environment. Using vacuum technology to rapidly attach to and secure a vessel at berth, AutoMoor reduces vessel motions and continuously monitors all mooring loads acting on the vessel at berth. This provides live data to the operator to optimize day-to-day port and terminal operations. It also minimizes personnel involvement to reduce human error and improve safety.

Peeter Nogu, Chief Infrastructure Development Officer at the Port of Tallinn, said: “Berth 13 will service large cruise ferries from Finnish shipping companies including Viking Line and Eckero Line, on the Tallinn to Helsinki route across the Gulf of Finland, our busiest route. As a result, it was vital that we upgraded the berth to ensure a high vessel throughput. With that in mind, it was essential that the upgrade saw the adoption of automated mooring systems to facilitate quick, safe and reliable mooring operations.”

Aug 16
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TECHNOLOGY

By 2019 Newsletter week 33

Shell Ventures Invests In Corvus Energy

The investment is a step towards Shell’s ambition to decrease the carbon footprint of the energy products they sell by around 20% by 2035 and by around 50% by 2050, in step with society.

Corvus Energy is a leading developer and supplier of advanced energy storage systems (ESS) for maritime, offshore, subsea and port applications. Their range of lithium-ion battery ESSs are integral to the propulsion and power management systems of more than half of the battery-hybrid and zero-emission vessels worldwide. The investment will help Corvus Energy expand internationally and further enhance its technological leadership within maritime energy storage.

Aug 16
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IN THE MEDIA

By 2019 Newsletter week 33

DUBLIN Port has secured planning approval for the development of the next phase of its inland port near Dublin Airport.

Dublin Port Company believes that developments at Dublin Inland Port and at other locations close to the M50 can better meet the requirements for port-related but non-core activities including logistics services.

Aug 16
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SHORT NEWS

By 2019 Newsletter week 33

PIANA On Charter To Corsica Linea

La Méridionale’s Ro-Pax PIANA will leave the Bastia route and serve the Marseille – Porto Vecchio run for Corsica Linea, instead of PAGLIA ORBA. The latter will sail on the Marseille – Ajaccio route.

This charter of PIANA is from October 2019 to February 2020.

E-Ferry ELLEN Is Operational

E-ferry ELLEN made her first commercial trip connecting the ports of Søby and Fynshav in Denmark.

She can carry 30 cars and 200 pax. The Leclanché power pack has a capacity of 4.3MWh.