A/S (CPH: DFDS
), an international shipping and logistics company, announced on Friday that effective 1 January 2019, it will implement the new IFRS accounting standard on leases requiring all lease contracts, including operating leases, to be recognised in the balance sheet.
We'll be forever grateful to DFDS
and we made a presentation from the PRA to say a huge thank you.
Beverley Artistes Agency, based in South Shields, fought off tough competition from the UK and Europe to land the year-long deal which gives them the exclusive right to supply entertainers on board the DFDS
flagship Queen of Scandinavia which operates between North Shields and Amsterdam.
Also, this investment decision is based on the scrubber strategy that was applied in 2015 for the transition to the 0.1% sulphur content limit for DFDS
' ferry route network in northern Europe.
denies Mr Beck's version of events and says he was confined to the brig for his own safety and that of other passengers.
Seaways' meetings, incentives, conference and events (Mice) division is also offering a number of team building events onboard ship and in Amsterdam.
The ferries were previously deployed in DFDS
' Baltic route network.
The acquisition of Fjord Norway has been made for an undisclosed sum and will see DFDS
Seaways operate the route from Newcastle to Stavanger, Haugesund and Bergen.
' fleet renewal programme includes two combined freight and passenger ferries (ro-pax) to be delivered in 2021 for deployment in the Baltic route network.
Reportedly, the EGM approved the proposal of an increase of DFDS
' share capital without pre-emption rights for the shareholders of the company.
The introduction of the King of Scandinavia means that DFDS
Seaways' overall daily route capacity will increase from 2,870 passengers and 780 cars to 3,800 passengers and 960 cars on the Newcastle to Amsterdam route.
Ro-Ro's ROIC post acquisition exceeds DFDS
' cost of capital.