Published: 2018-04-23 13:01:56 CEST
PERFORMANCE ISSUES CLOSES ROSYTH-ZEEBRUGGE ROUTE
performance issues closes rosyth-zeebrugge route
The route between Rosyth in Scotland and Zeebrugge in Belgium carrying only freight is being closed. The financial performance of the route, that deploys one ro-ro freight ferry for three weekly round trips, has struggled to meet expectations. Freight volumes are, in general, increasingly being focused on large hubs offering a high frequency of departures deploying larger ferries.
As volumes are not foreseen to pick up on the route nor large enough to sustain an efficient route set-up, the route is being closed.
The annual revenue of the route was around DKK 100m in 2017.
Niels Smedegaard, CEO +45 33 42 34 00
Torben Carlsen, CFO +45 33 42 32 01
Søren Brøndholt Nielsen, IR +45 33 42 33 59
Gert Jacobsen, Communications +45 33 42 32 97
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
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