Scandlines Ferry Deal Could Drop In November

Thursday, October 19, 2000
The Danish and German governments plan to sell the joint-owned Scandlines ferry line and companies from Sweden, Denmark and Germany had expressed an interest in buying the firm. "We are currently studying the possibilities (for a sale) and we expect to make a decision in mid-November," Danish Transport Ministry spokesman Michael Birch said. The state railways of Denmark and Germany each own a 50 percent stake in Scandlines AG.

The Danish-German ferry company was originally expected to go public only in a few years' time, but this would not be the case if Scandlines succeeded in finding a buyer, Birch said. He added that companies in Denmark, Germany, Sweden and further afield had expressed an interest in buying the firm.

The companies had been asked to present bids for Scandlines, but Birch declined to elaborate on a price. Danish media have named Germany's Deutsche Seereederei, Swedish Stena Line and Danish shipping group DFDS as potential bidders.

Scandlines operates 20 ferry routes in and around the Baltic as well as in Danish territorial waters.

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Repair & Conversion

BAE Systems Awards Software Contract to SENER

The Spanish company SENER, Ingeniería y Sistemas S.A has closed a contract with U.K.-based BAE Systems PLC for the integration between FORAN CAD/CAM System and

Self-lubricating Bearing Polymer: Safe, Easy to Machine

Many plastics and metallic alloys present machining challenges as some deform and are difficult to maintain exacting tolerances, while others require strict and

Barcelona Yacht Repairer Adds New Shiplift

Yacht service, refit, repair and maintenance yard Marina Barcelona 92 (MB’92) has awarded a contract to Pearlson Shiplift Corporation (PSC) for the design and supply

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Offshore Oil Port Authority Ship Electronics Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1258 sec (8 req/sec)