DFDS Will Add A 4th Ferry On Dunkerque – Rosslare

By | 2021 Newsletter week 10 | No Comments

On April 1, DFDS will introduce a fourth ferry –ARK DANIA– to the successful direct ferry service between Rosslare Europort and Dunkerque.

This brings the number of direct services between Rosslare and the European Continent to 36, every week.

ARK DANIA is a freight ferry with a capacity of 188 truck units (including 12 driver accompanied units and 176 unaccompanied units/trailers).

PORTS

By | 2021 Newsletter week 10 | No Comments

KVSA And DFDS Prolong Their Long-Term Relationship

After a very successful collaboration lasting more than 25 years, maritime & logistics company KVSA and ferry operator DFDS have recently signed a new commercial agreement, spanning the next 10 years at the Felison passenger terminal in the Port of Ijmuiden, Netherlands.

The IJmuiden – Newcastle ferry route has been very fortunate to experience a growing demand in both passenger and freight volumes in recent years, however in February 2020 passenger traffic was severely reduced due to Covid19.

Freight volumes however continued to grow and DFDS are now preparing for the ‘soon to be expected’ return of passenger traffic on the IJmuiden – Newcastle route.

In the renewed partnership, KVSA will continue to service DFDS as landlord of the passenger-terminal and provide daily professional stowage and loading of the 2 DFDS vessels, KING SEAWAYS and PRINCESS SEAWAYS.

Both parties are very much looking forward to a successful continuation of our enduring partnership and we look forward to coming back stronger together, when business returns to normal again.

SHORT NEWS

By | 2021 Newsletter week 9 | No Comments

Kerkyra Lines’ ferry EVDOKIA (300gt/1995) performed her first sailing from Corfu to the Diapontia Islands on March 2, 2021.

EVDOKIA was built in Japan (1995) and her carrying capacity is for 300 passengers and 20 cars.

  • Rederiaktiebolaget Eckerö has signed an agreement with Wiklöf Holding Ab to sell its entire holding of 22,429 shares (11.3%) in Alandia Försäkring Plc. The deal will be completed in the next week.
  • DFDS charters roro PAQIZE for the Turkey – Europe route. (3 months)(MarineTraffic)

DFDS: Two Mega RoRo Ferries On Belgium – Sweden

By | 2021 Newsletter week 8 | No Comments

Since Saturday, February 20, mega freight ferry HUMBRIA SEAWAYS replaces BEGONIA SEAWAYS on Göteborg – Gent.
According to route operations manager Alain De Brauwer, this means 320 more trailers per week in each direction.

The route is now operated by HUMBRIA, FREESIA and PRIMULA SEAWAYS, with six calls per week in total.

DFDS also operates sister vessel FLANDRIA SEAWAYS on Göteborg – Zeebrugge, in cooperation with CLdN. The two companies have a space share agreement.

FERRY SHIPPING

By | 2021 Newsletter week 6 | No Comments

DFDS Ends 2020 With Another Strong Freight Quarter

  • In Q4, the DFDS’ freight earnings were boosted by UK stockbuilding and the improved performance of the Mediterranean route network.
  • On the passenger side, Covid-19 restrictions continued to affect the business.

Q4 Results (DKK million)

-6.2% Revenue 3,761 (4,008)

-0.2% EBITDA before special items 769 (771)

12.5% EBIT before special items 289 (257)

-23.4% Profit before tax 97 (126)

 

Full Year Results (DKK million)

-15.8% Revenue 13,971 (16,592)

-24.8% EBITDA before special items 2,732(3,633)

-51.0% EBIT before special items 858 (1,751)

-66.0% Profit before tax 466 (1,371)

Outlook 2021

  • Revenue is expected to grow by 20-25% and EBITDA before special items is expected to be within a range of DKK 3.0-3.5bn (2020: DKK 2.7bn).
  • Uncertainty: duration of travel restrictions and longer-term effects of Brexit.
  • The acquisition of HSF Logistics Group is subject to regulatory approval but assumed consolidated from 1 May 2021.

DFDS In January: Freight Down After Q4 Stockbuilding Reversed As Expected

By | 2021 Newsletter week 6 | No Comments
  • Total volumes in January 2021 were down 12%.
  • Volumes for routes calling the UK were down 21% with volumes picking up towards the end of the month.
  • North Sea volumes were below 2020 as the stockbuilding ahead of Brexit reversed and the adoption of new rules and processes slowed trading.
  • Volumes between Sweden and Belgium were above 2020.
  • Volumes on the English Channel were likewise reduced by the stockbuilding reversal.
  • The new route between Ireland and France was successfully launched with volumes ahead of expectations.
  • Baltic Sea volumes were above 2020 adjusted for the closure of the Paldiski-Hanko route.
  • Mediterranean volumes were well above 2020 in all main corridors.
  • Passengers -84%

More DFDS Capacity on Cuxhaven – Immingham

By | 2021 Newsletter week 5 | No Comments

DFDS route Cuxhaven – Immingham to be upgraded as from 1 February

  • One extra weekly departure from both ports (on Wednesday)
  • Sailing times reduced by up to four hours
  • Changing sailing times enables trailer customers to load during the day and to deliver the units to the port in the evening
  • SELANDIA SEAWAYS and BRITANNIA SEAWAYS serve the route

DFDS To Acquire 100% of HSF Logistics Group

By | 2021 Newsletter week 4 | No Comments

HSF Logistics Group is one of Europe’s leading cold chain logistics providers to meat producers and other food producers that operates temperature-controlled supply chains.

The HSF Logistics Group has revenue of DKK 2.8bn and an EBITDA of DKK 320m (before adjusting for IFRS 16). The company currently has 1,800 employees and operates around 700 trucks and 1,700 reefer trailers, including both owned and leased units.

The integration of the HSF Logistics Group is expected to generate both commercial and cost synergies as well as synergies from addition of volumes to DFDS’ transport infrastructure of ferry routes and ports. Expected synergies will be described in further detail in connection with the closing of the transaction.

DFDS acquires the HSF Logistics Group for a debt-free price of DKK 2.2bn (EUR 296m).

The acquisition is subject to approval by the European Competition Authority, expected within three months.

Photo: WSI Models

DFDS Expands Logistics Offering In Sweden With New Warehouse In Borås

By | 2021 Newsletter week 4 | No Comments

DFDS agreed to lease a new 34,560 m2 warehouse in Borås, Sweden, that is an attractive Scandinavian logistics hub area close to Gothenburg.

The new warehouse will expand DFDS’ contract logistics offering that today is focused in Gothenburg. The additional capacity will make it possible to grow with existing industrial customers and attract new customers.

The warehouse will be built by property developer, CH Square, from whom DFDS will lease the warehouse for 10 years with an option to extend further after the lease period. Construction is expected to begin in early February 2021 and the warehouse is planned to open at the end of this year.