Tuesday, November 5, 2019

Ferry Purchase Agreement Cancelled After Terms Not Met

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DENMARK – UK – ITALY – NETHERLANDS – DFDS has announced that its agreement with the Italian ferry company Moby to acquire two ferries, Moby Wonder and Moby Aki, for deployment on the Amsterdam-Newcastle route, has been cancelled.

DFDS entered into the agreement with Moby on September 6, which would have seen the Italian company in turn acquire the two passenger ferries currently operating on Amsterdam-Newcastle, King Seaways and Princess Seaways.

The agreement was expected to be completed in the second half of October 2019 but DFDS says that Moby has not been able to meet the delivery terms of the agreement. The agreement has therefore been cancelled. Peder Gellert, EVP and Head of DFDS’ Ferry Division, commented:

“We will continue to explore solutions for a renewal of the ferries on the Amsterdam-Newcastle route in line with our customers’ wishes and our strategic ambitions for the route and for DFDS. The two current ferries offer a great service today, and they will continue doing so until a new solution with new ferries is in place. Therefore, this will not change our plans for developing the route, it will merely delay it.”

Photo: copyright emdjt42. King Seaways and Princess Seaways.