ShippingWatch

DFDS' freight volumes advanced by 50 percent in April

DFDS outdoes analyst predictions in the first quarter. The Danish ferry and logistics company made it through Brexit in better form than expected, according to CEO Torben Carlsen, while the integration of a logistics acquisition has been pushed back.

Torben Carlsen, CEO of DFDS. | Photo: DFDS - PR

Danish ferry and logistics company DFDS recovered from the British EU exit faster than expected, shows the company's first quarterly report.

Overall, freight revenue increased 5 percent to DKK 3.7 billion (USD 604 million) in the first quarter compared to the same period last year.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Political majority allocates funds to hydrogen project

The industry applauds a broad political agreement to allot around USD 136 million to the Danish participation in the EU's green hydrogen project. Hydrogen is expected to play a significant role as a future fuel for shipping.

Argentine port workers strike for access to Covid-19 vaccines

Nine unions representing Argentine port workers have announced a 24-hour strike in protest against the lack of access to coronavirus vaccines. The strike takes place amidst a new coronavirus outbreak in the country, which is a major dry bulk exporter.

Tradelens hopeful that major Maersk rivals will soon be integrated

Hapag-Lloyd and ONE continues to be absent on the digital platform Tradelens even though they announced they would join two years ago. "We are hopeful that they will be joining very soon," says Head of Tradelens Mike White. Hapag-Lloyd expects to make a decision soon.

Further reading

Related articles

Latest news

See all jobs