Clipper sells Danish Ferries

Clipper sells Danish Ferries

Danish shipping group Clipper has sold off Danish Ferries to compatriot company Molslinjen and has received all the necessary approvals from the Danish Competition Authority.

The sale marks Clipper’s exit from the passenger ferry business after 10 years in the sector, a move the company believes will further strengthen its focus on bulk and roro activities.

“We have been very pleased with our shareholding in Danske Færger. Færgen is a professional and well operated company providing essential ferry connections across the country. We are certain that the company, under the ownership of Molslinjen, will continue to be a vital and important player in the Danish infrastructure. In this connection, we also wish to thank Bornholmstrafikken Holding, our co-shareholder, for many years of close and trusting cooperation,” said Morten Hvidtfeldt, Clipper’s head of corporate finance.

Clipper Group currently operate a fleet of around 150 handysize and supramax vessels. Additionally, the company has a complimentary business in the ro-ro segment on the Irish Sea.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

Related Posts