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

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 (Is…

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