DFDS is eyeing further acquisitions to consolidate its position as northern Europe’s largest short sea shipping and logistics group following strong profit growth in challenging market conditions in 2013.
Short Sea Shipping
Coverage of barge and cargo shipping, as well as the coastal trade industry.
News & Analysis
03 Mar 2014
20 Feb 2014
In mid-March, Hapag-Lloyd plans to launch its fixed-day, weekly Sweden Denmark Express service...
12 Feb 2014
The e-commerce division of India’s leading express distribution and supply chain solutions group grew at a rapid rate in the latter half of 2013...
27 Nov 2013
Midwest grain and soybean exporters who ship by barge down the inland waterways system will gain an advantage over global competitors at the end of 2015. That’s when the Panama Canal’s big new locks open to commercial traffic, allowing larger ships to carry more product from the U.S. Gulf to fast-growing markets in Asia at lower cost.
20 Nov 2013
Third quarter profit for DFDS, the European short sea shipping and logistics group, rose 13 percent from a year ago as higher North Sea volumes more than offset lower traffic in the Baltic region.
18 Nov 2013
The U.S. Jones Act, which requires that U.S. domestic ocean cargo is carried from port to port in ships that are...
05 Nov 2013
U.K. private equity investor 3i has taken control of Scandlines, after buying out the co-owner of the ferry operator, and has refinanced its debt facilities.
14 Oct 2013
There’s little good news coming out of Washington these days. The federal government partially shut down at the beginning of the month after a stalemate in Congress over funding President Obama’s health care reform law. Congress and the Obama administration failed to address long-term fiscal issues, allowing the federal budget sequestration — the proverbial gun pointed to its own head — to fire.
14 Oct 2013
Inland waterways shippers and barge companies welcome the prospect of freeing up Inland Waterways Trust Fund dollars for projects other than the problem-plagued, over-budget Olmsted Lock and Dam project. But they’re also keen to pay more in fuel taxes so the U.S. Army Corps of Engineers can better maintain and modernize the nation’s lock and dam system.
26 Sep 2013
Unifeeder, the north European short sea shipping line, said it has agreed to acquire United Feeder Service to create the largest pan-European feeder operator.