DFDS Gets Approval for Baltic Route Network Expansion

Danish shipping and logistics company DFDS’ acquisition of the freight and passenger route (Ro-Pax) between Paldiski in Estonia and Hanko in Finland has been approved by the Estonian authority. 

The transaction is expected to be completed with effect as of October 1, 2016, according to the company.

The announcement comes on the back of an agreement signed at the beginning of September between DFDS and the Estonian company Navirail OÜ to take over the company’s Ro-Pax route between Paldiski and Hanko.

The agreement includes a four-year time-charter agreement for one Ro-Pax ship and an earn-out agreement.

The route expands DFDS’ network in the northern part of the Baltic Sea and complements the company’s existing route between Paldiski and Kapellskär that was acquired in 2011.

The route is operated by the Ro-Pax vessel Sailor, which has a maximum annual capacity of 1.15 million lane metres freight and 100,000 passengers.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CEDA Dredging Days 2019

CEDA Dredging Days programme will follow its successful format of contributed peer-reviewed…

read more >

Offshore Wind Europe 2019

#OWEU19 is a meeting place for governments, developers and suppliers to grow the confidence in wind power. Perfect to grow your business by securing new customers, meeting officials and industry heads.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >