OPTION EXERCISED FOR RO-PAX WITH STRONG FIT IN BALTIC ROUTE NETWORK


Copenhagen, 2016-05-31 14:51 CEST (GLOBE NEWSWIRE) -- Announcement no.35

 

Today, the exercise of the purchase option for a combined freight and passenger ship (ro-pax), ATHENA SEAWAYS, was completed with Grimaldi Holding Spa.

The ship was built in 2007 and bareboat chartered by DFDS in December 2013. The ship was since then deployed in DFDS’ Baltic route network on either Kiel-Klaipeda or Karlshamn-Klaipeda, mainly carrying driver-accompanied trucks and passengers travelling in their own cars.

The ship’s freight and passenger capabilities fits with the current and expected customer requirements of the Baltic market and in combination with the favorable conditions of the ro-pax ship market, the purchase option was exercised.

Investment outlook changed for 2016
The exercise of the purchase option adds DKK 300m to investments in 2016.

For the full-year 2016 investments are therefore now expected to total DKK 1.9bn compared to previously DKK 1.6bn.

 

 

         Contact:
         Niels Smedegaard, CEO
         33 42 34 00
         
         Torben Carlsen, CFO
         33 42 32 01
         
         Søren Brøndholt Nielsen, IR
         33 42 33 59
         
         Gert Jakobsen, Communications
         33 42 32 97


Attachments

UK_OMX_NO_35_31_05_2016_ATHENA.pdf