English - DFDS
English - DFDS
English - DFDS
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<strong>DFDS</strong> annual report 2009 HEADER 119<br />
<strong>DFDS</strong>’<br />
history<br />
<strong>DFDS</strong> was founded in 1866, when C. F. Tietgen merged the three<br />
biggest Danish steamship companies of the day, and thus <strong>DFDS</strong><br />
celebrated its 140th anniversary in 2006.<br />
From its inception, <strong>DFDS</strong> was involved in domestic as well as<br />
international trade, transporting both freight and passengers. <strong>DFDS</strong>’<br />
international activities started in the North Sea and the Baltic Sea,<br />
followed later by the Mediterranean. Towards the end of the 19th<br />
century, routes were also established to the USA and South America.<br />
Land-based transport and logistics also became a part of <strong>DFDS</strong>’<br />
business activities as freight transport by land began to grow, and<br />
in the 1960s a door-to-door concept for freight was developed.<br />
A passenger route between New York and Miami, based on a<br />
cruise-ferry concept, was opened in 1982 but did not live up to<br />
expectations and closed in 1983. Subsequently, the <strong>DFDS</strong> Group<br />
was restructured and the activities in the Mediterranean and the<br />
routes to the USA and South America were sold.<br />
Since then, <strong>DFDS</strong>’ geographic focus for shipping has been<br />
Northern Europe.<br />
Land-based haulage and logistics activities were developed on the<br />
basis of organic growth and company acquisitions. By the late 1990s,<br />
<strong>DFDS</strong> Dan Transport had become one of the largest land-based<br />
transport companies in Northern Europe. <strong>DFDS</strong> Dan Transport was<br />
sold in 2000 to concentrate the Group’s resources on shipping, and<br />
a focused new shipping strategy was introduced in January 2001.<br />
<strong>DFDS</strong>’ current route network for freight and passenger shipping has<br />
been developed through organic growth and several acquisitions. The<br />
most important investments have been in the Swedish passenger and<br />
freight shipping company Tor Line in the early 80s, the Norwegian<br />
freight shipping company North Sea Line in the late 90s, the<br />
Lithuanian freight and passenger shipping company LISCO in 2001 and<br />
the Norwegian freight shipping company Lys-Line in 2003. In recent<br />
years, organic growth has been generated by, among other things,<br />
investments in tonnage of which the modernisation of the<br />
ro-ro fleet has been most significant.<br />
At the end of 2009, <strong>DFDS</strong> entered into an agreement to acquire<br />
Norfolkline, making the combined company Northern Europe’s<br />
leading passenger and freight company. <strong>DFDS</strong> is thus on the threshold<br />
of starting a new chapter in the company’s history. Final approval<br />
of the acquisition of Norfolkline from the competition authorities<br />
is expected to be received in Q2 2010.<br />
EDITING <strong>DFDS</strong> A/S<br />
Design KONTRapunkt A/S<br />
Layout & production KP2 a/s<br />
PHoto Søren Nielsen