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DFDS — Regulatory Filings 2011
Feb 3, 2011
3361_iss_2011-02-03_64327923-4cbd-4295-bdcd-4c9495e5ef94.pdf
Regulatory Filings
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SALE OF RO-PAX SHIP AND CIRCULATION OF TONNAGE
DFDS has today entered into a agreement for the sale of the ro-pax ship Dublin Seaways to Stena North Sea Limited. The sales price is DKK 179m (EUR 24m) and entails a profit of DKK 12m in 2011.
Dublin Seaways was one of three ships deployed on DFDS' two routes between Ireland and England, which were closed on 31 January 2011.
As announced previously the second ro-pax ship Liverpool Seaways will be deployed on DFDS' route network in the Baltic Sea.
The third ship, a smaller ro-ro ship, will be deployed on DFDS' route network or chartered out.
The sale and deployment of ships is the last part of the closure of the two routes between Ireland and England, which had to be closed due to loss-making operations.
The Irish and Northern Irish market still form part of DFDS' Northern European route network. Between Ireland and Holland and between Ireland and Spain container routes and door-to-door land transport are offered. Between Norway and Northern Ireland a route with sideport vessels targeted at the paper industry is operated.
DFDS A/S, Sundkrogsgade 11 DK-2100 Copenhagen Ø CVR 14 19 47 11
Company announcement no. 4/2011
03.02.2011
Page 1/ 1
Contact persons
Niels Smedegaard, CEO +45 33 42 34 00
Torben Carlsen, CFO +45 33 42 32 01
Søren Brøndholt Nielsen, IR +45 33 42 33 59
DFDS profile
DFDS operates Northern Europe's leading integrated shipping and logistics network.
DFDS has 5,700 employees and a fleet of 60 vessels
DFDS was established in 1866 and is listed on NASDAQ OMX Copenhagen.
Disclaimer
The statements about the future in this announcement contain an element of risk and uncertainty, both in general and specific terms, and this means that actual developments may diverge considerably from the statements about the future.