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Trading Between Uk And Mainland Europe Continues To Grow Despite Brexit

DFDS_Jutlandia_Seaways_brexit

DFDS has just reported another record result for 2017. The operating profit of DKK 2.7 billion was based, among other things, on the continuing positive development in volumes on the company’s ten freight routes across the North Sea.

DFDS_Jutlandia_Seaways_brexit

Image Credits: dfds.com

To accommodate the expected volume growth over the coming years, DFDS has ordered four new mega ships with a capacity of 475 trailers each for the North Sea traffic. The ships will be delivered from 2019 and onwards from the Jinling Shipyard in China.

The positive development in North sea volumes is also underpinned by some shortage in drivers as trips to UK are not as attractive as they used to be due to the fall of the pound in the wake of the Brexit vote. This has resulted in some freight forwarders changing from using trucks with drivers to just sending unaccompanied trailers on DFDS’ freight-only ships.

“In spite of the challenges Brexit may lead to over the coming years, we can also see opportunities for providing our customers with new, valuable, customs clearance services after Brexit, should customs clearance become necessary. We are located in the ports and have experience with this from our UK to Norway service,” says Niels Smedegaard.

Reference: dfds.com

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This post first appeared on Marine Insight - The Maritime Industry Guide, please read the originial post: here

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Trading Between Uk And Mainland Europe Continues To Grow Despite Brexit

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