DFDS to Dispose of Liverpool Seaways

DFDSIllustration; Image Courtesy: Pixabay under CC0 Creative Commons license

Danish ferry and logistics company DFDS has entered into an agreement to sell a 1997-built combined freight and passenger ferry (RoPax).

The 21,856 GT Liverpool Seaways will be bought by French shipping company La Meridionale.

DFDS said the sale is expected to be completed in April 2020 with proceeds of around DKK 200 million (USD 29.5 million).

As informed, the ferry is scheduled to be delivered to the new owner in April 2020.

Liverpool Seaways is currently deployed in DFDS’ Baltic route network and is planned to be replaced by a ferry from DFDS’ existing fleet.

According to DFDS, an accounting profit of around DKK 100 million will be recorded under special items. The sale has no material impact on the company’s outlook for 2019.

In the second quarter of 2019, DFDS’ revenue and EBITDA increased by 9% and 4%, respectively. The growth was mainly driven by the expansion in the Mediterranean and higher passenger revenue.

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Posted on September 2, 2019 with tags , .

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