DFDS stops service - 17/09/2014

Danish shipowner DFDS has revealed plans to suspend a loss-making route due to continued losses, its second such move in a month.

The company said it has started consultations with French unions about plans to close the Le Havre-Portsmouth service at the end of the year.

A total of 185,000 passengers were carried in 2013, generating revenues of DKK 165m ($28.7m), a result described by DFDS as “unsatisfactory”.

The owner said the route does not have a viable future, taking into account a series of unsuccessful initiatives to improve its performance.

The Le Havre-Portsmouth run was taken over from Louis Dreyfus Armateurs in 2012.

It has been decided that the vessel serving this string will be redelivered to its owner.

The closure of the route will primarily entail redundancy costs for shore staff which are expected to amount to around DKK 15m.

In late August, DFDS stopped one of its services between Germany and Lithuania due to the Russian embargo on imports.

in www.tradewindsnews.com 15/09/2014