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Tag: DFDS | Page 26 | Ferry Shipping News

Jun 14
0

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.

Jun 14
0

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

May 09
0

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

Click on the image to start the download of the report.

May 09
0

Long Term Commitment From DFDS To Port Of Ghent

By | 2018 Newsletter Week 19 | No Comments

DFDS has signed a long-term sub-concession agreement and partnership with the Port of Ghent’s Mercatordock concessionaire, the Belgian group Sea-Invest. In this way, DFDS ensures it will continue operating and managing its own terminal. The Mercatordock is where DFDS handles the Ghent – Gothenburg/Brevik RoRo route, together with container barge connections to deep sea ports of Antwerp, Rotterdam and Zeebrugge.

Photo: North Sea Port

May 03
0

Stena RoRo’s Charter To DFDS = Fifth Stena E-Flexer

By | 2018 Newsletter Week 18 | No Comments

Last week we announced that DFDS is going to charter one of the Stena RoRo E-Flexers under construction in China. In fact the vessel is the fifth in the series, and Stena RoRo has a further three options on vessels for delivery from 2021 and onwards.

In 2016, Stena RoRo placed an order for four large ro-pax ferries with the Chinese shipyard AVIC International with an option for a further four vessels. The vessel now ordered is the fifth in the series.

From the first batch of four vessels, three will be operated by Stena Line on the Irish Sea, and one by Brittany Ferries.

Apr 26
0

DFDS Charters New Ship For The English Channel In 2021

By | 2018 Newsletter Week 17 | No Comments

DFDS has decided to deploy a new ship specially designed for the services in the English Channel from 2021. The ship will be built in Avic Weihai shipyard for Stena RoRo, and will be chartered for 10 years, with an option to buy.

The ferry will be highly efficient with an expected reduction in oil consumption of around 25% compared to current ferries. It will be able to carry 3,100 lane metres of cargo and 1,000 passengers. With this capacity, it will be the largest of the ships on the Channel.

The ship will be delivered in 2021, and market developments will determine whether it will be as an addition to the existing fleet or a replacement of the 1991-built CALAIS SEAWAYS.

Photo: Mike Louagie

Apr 12
0

BREAKING NEWS

By | 2018 Newsletter Week 15 | No Comments

DFDS Expands Into the Med By Acquiring U.N. Ro-Ro

In a company announcement, DFDS says it acquires U.N. Ro-Ro, the Turkish operator of freight shipping routes in the Mediterranean, connecting Turkey with Italy and France.

This means a geographic expansion of the DFDS route network, with a considerable expansion in the Mediterranean.

DFDS is to acquire 98.8% from owners, the Turkish private equity firms Actera Group and Esas Holdings.

U.N. Ro-Ro is highly profitable, with an enterprise value of EUR 950 million.

“With the acquisition of U.N. Ro-Ro, we are expanding into one of Europe’s most attractive freight markets which is operationally similar to northern Europe. This gives us opportunity together with the existing strong management team to leverage our network, fleet, experience and skills to develop the business further while supporting the growth of U.N. Ro-Ro’s customers”, says Niels Smedegaard, CEO of DFDS.

The transaction is subject to approval by the Turkish, Austrian and German competition authorities as well as Italian authorities in relation to the transfer of the Trieste terminal as a strategic asset. Closing of the transaction is expected to take place in June 2018.

U.N. Ro-Ro operates five freight shipping routes in the Mediterranean between Turkey and EU: four routes connect to Italy (Trieste) and one to France (Toulon).

The routes carried 202,000 freight units in 2017.

By the end of 2017, U.N. Ro-Ro deployed 12 ro-ro ferries, all built by the Flensburg shipyard, where also some of DFDS’ ships are built.

Official Announcement