News / DFDS set to lose $70m this year on Med competition and EKOL turnaround

Photo: DFDS

DFDS has announced that it expects increased competition on the Turkey-Italy ro-ro trade in the final quarter of last year, along with costs associated with its acquisition of Turkish transport EKOL, are set to cost the Danish firm around Dkr500m ($70m) in lost profitability this year.

In September, Italian ro-ro operator Grimaldi Lines launched an Trieste-Ambarli (Istanbul’s main port area) ro-ro link with two sister ships – the Eco Mediterranea and Eco Malta – each capable of carrying 500 trailers, deployed ...