Covid-19 Made Algérie Ferries Lose Billions

By | 2020 Newsletter week 50 | No Comments

General Director of the ENTMV, Guerairia Ahcene, said that the company has lost 9 billion Algerian dinars (DZD)(=EUR 57 million), due to the corona pandemic.

He said that the company is struggling to pay its employees, because of the operational stop.

Although the company is receiving its newbuilt ferry in January, the general director already knows that the summer fleet capacity is too small. He calls for more new tonnage, and new ports of call.