ShippingWatch

Fjord Line fears protected natural areas could thwart investments in fast ferry

The Danish government's plans to expand protected natural areas in the country could have financial consequences for Fjord Line's ferry route between Denmark and Norway, causing "great uncertainty about investments in fast ferry tonnage."

Photo: Carsten Ingemann/Jyllands-Posten/Ritzau Scanpix

An investment upwards of DKK 700 million (USD 111.8 million) in a new fast ferry and operations has become somewhat more uncertain for Fjord Line, as the Danish government has announced plans to expand protected natural areas and provide more space for birds and wildlife.

More specifically, the Danish Ministry of Environment has presented a proposal that will ensure a significant expansion of the total area of the Natura 2000 bird protection areas throughout the country.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

DSV CEO on ocean freight: "Currently a flat market"

Despite significant revenue growth in its air and sea division, DSV saw "a flat market" for ocean freight in the third quarter. But CEO Jens Bjørn Andersen doesn't expect a setback in the market. "The goods must be freighted," he says.

Further reading

Related articles

Trial banner

Latest news

See all jobs