DFDS CEO Niels Smedegaard has gotten a pronounced wish fulfilled by the EU, from which the shipping and logistics company has just received USD 8.6 million. The funds will be used for installing scrubbers on five ships sailing from Gothenburg and Gent, Belgium, to Immingham in England, according to a statement from DFDS to the stock exchange.
These are important funds for DFDS, which like many other carriers will be hit by the sulphur regulations that are set to come into force in less than six months, in January 2015 in Northern Europe. As opposed to many others, DFDS was quick to decide to install scrubbers on the company's ships. An expensive investment, and as such, Niels Smedegaard is pleased with the support: