FERRY PORTS

By | 2018 Newsletter week 37 | No Comments

Port Of Ghent Connects DFDS’s Northern And Southern Route Network

By connecting the DFDS network with the new routes in southern Europe, DFDS is capable of offering transportation of cargo from North to South and back.
Compared to alternative solutions lead time is reduced with at least 1 day.

The new intermodal connection offers shipping transportation on the Gothenburg – Ghent and Trieste – Pendik/Ambarli/Mersin routes. There will also be a stopover in Patras, Greece.

DFDS will use Bettembourg in Luxembourg as the continental hub for the intermodal connection and has a solid cooperation over railways with CFL. Trailers are shunted from Bettembourg to Ghent over road, a second option via rail is being developed.

Photo: Tom D’haenens Port of Ghent

FERRY FINANCE

By | 2018 Newsletter week 33 | No Comments

DFDS’s Acquisitions Fuel Growth In Q2

In Q2, DFDS’ revenue increased 6% to DKK 3.9bn driven by the expansion of the route network in the Mediterranean (with the acquisition of U.N. Ro-Ro), as well as continued growth in the freight activities in northern Europe. These two factors were also the key driver of the increase in EBITDA before special items by 9% to DKK 802m.

The growth of freight ferry volumes was in line with expectations in both northern Europe and the Mediterranean with overall growth of 6%.

Logistics volumes were up 5% for continuing activities.

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.