LONDON – Eurotunnel, the operator of the subsea rail link between the U.K. and France, has sold its ferry operation to rival carrier DFDS a year after British regulators demanded its withdrawal from the cross-Channel route.
21 May 2015
DFDS, the short-sea shipping and logistics group, raised its full year earnings outlook after operating profit surged 150 percent in the first quarter as higher freight traffic on its North European network offset lower volumes on Russian routes.
26 Feb 2015
DFDS's pre-tax profit soared 56 percent in 2014, driven by increased short sea traffic on its key North Sea trades and reduced losses on the English Channel.
02 Jan 2015
Short sea container lines and feeder operators in northern Europe are bracing for bankruptcies, shotgun sales and shuttered services in the coming months following the introduction of tough ship emission regulations that will significantly increase fuel costs on some of the world’s busiest shipping routes.
24 Nov 2014
DFDS’s third quarter profit soared 17 percent even as northern Europe’s leading short-sea shipping and logistics operator closed routes and rejigged its network as Russian sanctions hit its key Baltic trades.
19 Sep 2014
DFDS, one of Europe’s largest short sea-shipping and logistics operators, this week announced plans to close a second route in response to tougher environmental regulations that will sharply increase the cost of ships’ fuel from 2015.