Port Of Gothenburg Presents Q1 Freight Figures

By 2018 Newsletter week 20

Container volumes rose by 3% during Q1, up from 184,000 to 188,000 TEU. The number of cars shipped rose by 20%, whilst intra-European ro-ro units and energy products increased by 5% and 3% respectively. The figures are taken from the Port of Gothenburg’s recently published Q1 volume report, which can be consulted via below link.

Photo: Port of Gothenburg

FERRY FINANCE

By 2018 Newsletter Week 19

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.

Slight Drop In Passengers Compensated By Rise In Cargo Units And Cars

By 2018 Newsletter Week 14

Tallink Grupp’s Q1 sees a healthy growth in the rolling traffic.

  • Vehicles 222,370 = +2.3%
  • Cargo units: 90,687 = +8.2% (growth most significant on Estonia-Finland +12.9% and Latvia-Sweden +62.6%)
  • Passengers went down a bit: 1,930,449 = -0.5%

The reason for the slight drop in passengers is that for almost ten weeks only one instead of two vessels was operating the Turku-Stockholm route.
On a positive side, Estonia-Sweden and particularly Latvia-Sweden routes are developing very well and the passenger numbers are increasing.