ShippingWatch

Only one thing really bothers DFDS' CEO

DFDS is growing, the Battle on the Channel is no longer causing major problems, and things are generally looking up for the Danish carrier. There is basically only place that looks less than promising, CEO Niels Smedegaard tells ShippingWatch.

Photo: DFDS

Things are generally looking very good for DFDS, which published its first quarter interim report today, Thursday. The carrier's revenue has grown, the pre-tax deficit has been reduced, and the multiple-year deficit from operations on the English Channel has been turned into a profit.

"DFDS has just published a result that at first glance appears very strong," says Nordea in an early analysis of the interim report.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
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

Shipping in a safe position despite shaky world economy

Container carriers are facing a couple of difficult years, but otherwise the shipping industry looks set to do well despite dark clouds over the world economy, according to shipping analyst. ”Right now, most companies are making a lot of money.”

Less congestion makes dry bulk rates decline

Port congestion has eased, leading to a decrease in dry bulk rates. According to Clarksons, the development is not least due to low industrial production in China following Covid lockdowns.

MPA appoints new CEO

Quah Ley Hoon steps down as CEO of Maritime and Port Authority of Singapore at the beginning of September after around three and a half years on the post.

Further reading

Related articles

Latest news

See all jobs