Strong performance from DFDS

By | 2018 Newsletter week 06 | No Comments

DFDS had fantastic results in the last quarter of 2017, and for the whole year. Especially noteworthy are the North Sea freight volumes, which went up 6%. The overall passenger volumes went up 1%.
For 2018, freight volumes, particularly un-accompanied units, are expected to grow on most routes. Passenger volumes are expected to be on level with 2017.
Some key figures:

  • Q4 Revenue increased 5% adjusted for non-comparable items. Reported revenue was DKK 3.5bn (+4%).
  • Q4 EBITDA before special items increased 12% to DKK 574m following higher earnings in both the Shipping and Logistics divisions.
  • Full-year revenue increased 4% adjusted for non-comparable items. Reported revenue was likewise up 4% to DKK 14.3bn.
  • Full-year EBITDA before special items increased 4% to DKK 2,702m.
  • Full-year profit before special items and tax increased 8% to DKK 1,727m.
  • Outlook 2018: the Group’s revenue is expected to increase around 2% in 2018. The outlook range for EBITDA before special items is DKK 2,650-2,850m (2017: DKK 2,702m). Investments are expected to amount to around DKK 1.1bn.

DFDS and Stena Line prepare for onboard battery loading services

By | 2018 Newsletter Week 05 | No Comments

Electric vehicles create a new challenge for the ferry industry, writes www.tu.no.
Drivers of electric cars would like to leave the ferry with full batteries. So far nobody offers this service but in this article DFDS and Stena Line are reported to work on solutions.
The big issue is safety. A car battery took fire on a DFDS ship in 2010, and since then the ferry industry had a very reluctant approach. However, both DFDS and Stena confirmed they are working on solutions to serve the customers’ needs.
When the temperature in a battery cell rises above a certain level, an unstoppable heat production will occur. A battery fire can be extinguished with water, but more water is needed than another fire. Also, getting the water to the very source of the fire is not easy.

DFDS hosts its annual Christmas lunch for homeless people on PEARL SEAWAYS

By | 2017 Newsletter week 50 | No Comments

Since 2009 DFDS has been hosting a Christmas lunch for homeless people on board PEARL SEAWAYS, while the ship is docked in Copenhagen.
Every year about 250-300 guests are boarding the ship to enjoy the grand Christmas buffet with beer, snaps and coffee. The crew is taking a day off to serve the guests. Before the guests leave the ship they get a gift bag and a pair of socks or gloves, knitted by a group of volunteers, something that is welcome on a cold winter day.
The event is made in close cooperation with We Shelter, an organization that has been doing social work for homeless and other vulnerable groups for more than 120 years.

One record after another for DFDS North Sea

By | 2017 Newsletter week 50 | No Comments

DFDS reported a volume record on the Göteborg/Brevik – Ghent route, which was achieved during week 47, the last full week in November. But obviously, it didn’t take long to beat that.
Another record of cargo was shipped during week 48: exactly 55,001 lane meters were carried, which is 1,467 lane meters more than the week before.

Photo: North Sea Port

 

The first of the new DFDS ro-ro’s is taking shape

By | 2017 Newsletter week 49 | No Comments

The first parts of the mega-block of the new DFDS 6,700 lane meter ro-ros are now visible in the building dock in Jinling, says DFDS. Until March the construction will be done in a temporary position because of another vessel. Once this vessel is launched, the mega-block will then be relocated to the correct position in the dock and the rest of the vessel erected.
DFDS has ordered four large ro-ro ships to service freight customers across the North Sea from 2019 and 2020.

New buffet restaurant concept on DFDS Newcastle – IJmuiden

By | 2017 Newsletter week 48 | No Comments

January 2018 will see the introduction of a new buffet restaurant concept on board the two ferries of the DFDS Newcastle-Amsterdam route. Seven Seas Restaurant will be renamed Explorer’s Kitchen. It is still going to be an all-you-can-eat for breakfast and dinner, but there’ll be a range of new evening dishes for passengers to enjoy.
Tariffs have been changed too, with discounts of up to 34% when pre-booking.

Photo: Mike Louagie

Q3 Interim report: cargo keeps DFDS on track for record results

By | 2017 Newsletter week 46 | No Comments
  • Freight is pushing the DFDS figures to record levels, while the passenger volumes stay the same.
  • Strong performance for freight on North Sea routes: volumes up 8%
  • Revenue DKK 3,922 (3,799) +3.3%
  • EBITDA DKK 976 million (972 million) +0.4%
  • EBIT DKK 742 million (738 million) +0.5%
  • Profit before tax DKK 714 Million (732 million) -2.6%)
  • The Group’s revenue growth for 2017 is now expected to be around 3% compared to previously around 4%, excluding revenue from bunker surcharges.
  • At the Q&A session, DFDS CEO Niels Smedegaard said there were no plans for new cruise ferries. Current vessels can continue for 10 years if needed.