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Fjord Norway to be sold - UK - Norway services strengthened

Date: 06 Sep 2006 00:00 Source: Fjord Line

M S Fjord Norway, operated by Fjord Line, is being sold to the Danish Company, DFDS Seaways. They will operate the traditional route between England and Western Norway with an extended schedule.

Fjord Line has for a long time worked on making the company more effective and reduce costs. As part of this work it has been decided to sell Fjord Norway to DFDS Seaways, who, with this ship, will continue to operate the route.

Fjord Line is satisfied, that by the sale to DFDS, the 125 year old tradition with the route between Western Norway and Newcastle will continue. In today’s strained market Fjord Line has not got the economical capacity and possibility to continue the activity. With DFDS as a new company in Western Norway, the area will gain a strong and well known operator, and at the same time, ensure that the competition in the Norwegian market continues. This will always be to the customer’s advantage, says Peter Frølich, Director of the Board in Fjord Line.

After the sale to DFDS, Fjord Line will act as an agent for the company for their operations in the West of Norway. This includes reservations and services for the arrivals and departures.

Due to the sale of Fjord Norway, Fjord Line will no longer have employment for the 248 crew working on board the vessel nor for the shore based staff in Newcastle. Fjord Line are sincerely sorry that they have to end the employment of such highly qualified and loyal co-workers. In today’s employment market they are an attractive workforce, and the company will assist in making contact with other shipping and travel companies.

For the employees ashore it has already been announced that a reduction of 20 labour years will have to be enforced, and this is going ahead as planned.

DFDS Seaways will take over Fjord Norway on 16th October 2006. After upgrading the ship they will extend to 2 weekly sailings in Winter and 3 weekly sailings in the Summer. This will commence the beginning of November 2006.

Fjord Line Managing Director, Ove Solem, has at his own request left the company. He has taken an active part in the reconstruction of Fjord Line and the preparation of this alternative. He will however be available for a period for Fjord Line business whenever the company may need assistance.

Director and Terminal Manager, Odd Erik Hovde, will from today be acting as Managing Director of Fjord Line.

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