Ukrferry Will Acquire The Two DFDS-Owned Ro-Ro Workhorses

By | 2018 Newsletter week 26 | No Comments

DFDS will sell two combined freight and passenger ferries, KAUNAS SEAWAYS (1989) and VILNIUS SEAWAYS (1987) to Ukrferry. The former train ferries have been on time charter to Ukrferry for several years, for deployment on routes in the Black Sea. Delivery of the ferries is expected in July. The sale will affect the employment of around 70 crew members that DFDS will seek to employ in its own route network.

Ukrferry already owned the sistervessel GREIFSWALD. The fourth vessel in the series —PETERSBURG–, is owned by Black Sea Ferry & Investments (Baltic Fleet LLC). She is arrested and docked at Paljasaare, Tallinn, since late April.

The Last Volvo V60 Heralds A New Contract For DFDS

By | 2018 Newsletter week 26 | No Comments

On 8 June, Volvo announced that the last of its successful V60 models had been assembled at Volvo Cars’ assembly line in Ghent. Over the last 18 months DFDS transported the supply of V60 bodies from Volvo Cars’ factories in Gothenburg to the assembly line in Ghent; some 325 trailer loads a week. The production of the new Volvo V60 SPA model will begin in a few months. DFDS has a new contract for the transportation of 250 trailer loads per week.

In Ghent, the DFDS ships are nicknamed “The Volvo Boats”

Photo: DFDS

DFDS Orders A Fifth Ro-Ro In China

By | 2018 Newsletter Week 24 | No Comments

DFDS has ordered one additional ro-ro newbuilding for delivery in the first half of 2020 from the Chinese Jinling Shipyard.

The newbuilding is similar to the four previously ordered ro-ro’s and likewise designed to carry 6,700 lane metres of freight equivalent to around 450 trailers.

DFDS’ fleet renewal programme also includes two ro-pax ferries to be delivered in 2021 for deployment in the Baltic route network.

In addition, one chartered ro-pax (from Stena RoRo) will be delivered in 2021 for deployment on The English Channel routes.

U.N. Ro-Ro Is Now Part Of The DFDS Family

By | 2018 Newsletter Week 24 | No Comments

DFDS completed the acquisition of U.N. Ro-Ro after all relevant authorities approved the transaction. The deal was completed on June 7.

  • N. Ro-Ro operates five freight ferry routes connecting Turkey with Trieste and Toulon.
  • N. Ro-Ro has 12 modern ro-ro ferries and its own port terminals in Istanbul and Trieste.
  • In Europe, U.N. Ro-Ro offers intermodal solutions to and from other European markets.
  • Annual revenue of EUR 240 million and 500 employees.
  • DFDS to have a fleet of 50 ships (once the newbuildings are delivered)

Selçuk Boztepe, CEO of U.N. Ro-Ro and now Head of a new Mediterranean business unit in DFDS’ Shipping Division said:

  • Soon Patras will be added as a port of call between Italy and Turkey.
  • Aim is to become key player in the sea transport sector in the North Africa, Black Sea and Middle East regions.

Photo: U.N. Ro-Ro

FERRY FINANCE

By | 2018 Newsletter Week 19 | No Comments

DFDS Q1 Review: Strong Logistics Performance In Q1                                   

“Both growth and earnings were ahead of expectations in Q1 and our full-year growth expectation is now raised to 4% and to 10% including U.N. Ro-Ro. European growth is robust and continues to support our ferry routes and logistics activities. Our continuous improvement projects are on track and will also contribute to earnings this year,” says Niels Smedegaard, CEO.

Some highlights:

  • Revenue growth of 9%, adjusted
  • Passenger volumes up 14% boosted by Easter
  • Ferry freight volumes up 3% despite negative impact from Easter and a collision
  • Profit before special items and tax up 18%

Outlook 2018

  • Revenue growth increased to 4% from 2%, excl. U.N. Ro-Ro
  • EBITDA range of DKK 3,000-3,200m, incl. U.N. Ro-Ro
  • Investments of DKK 5.2bn, incl. U.N. Ro-Ro

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