DFDS: We are in the English Channel for the long run

DFDS CFO Torben Carlsen says the comments by Eurotunnel, and the company’s plans to force DFDS out of the English Channel between Dover and Calais, are notable and unusual: “We assume that the competitive authorities on both sides will be interested in Eurotunnel’s plans and motives.”

DFDS intends to defend its market position on the route between Dover and Calais in the English Channel, which the Danish shipping- and logistics company entered with two ferries in the beginning of 2012, after the shipping company Seafrance capsized and cracked following a long death struggle.

“We are in the English Channel for the long run, but we will of course behave rationally and responsibly with shareholder money,” says CFO of DFDS, Torben Carlsen, in a comment on the statements apparently made by Eurotunnel senior management to stock analysts of major French bank BNP Paribas.

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