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Scandlines shipping company on course for success from Rostock
"The German-Danish shipping company, Scandlines, improved its transport results once again on its 3 ferry routes to and from Rostock in the first half of 2006 and is the leading ferry service provider in the Port of Rostock, carrying 128,999 trucks (+ 10.5%), 769,079 (+7.3%) passengers and 123,329 (+9.5%) cars during the period. Only in the coach/bus transport segment (- 2.1%) did a number of passengers move to car and air travel."
Scandlines CFO Uwe Bakosch presented this positive result at this year's Hanse Sail regatta in Rostock.
Scandlines presently operates 3 ferry services to the Baltic region from Rostock. On the Rostock-Trelleborg (Sweden) line, the company offers up to 3 departures a day together with its Swedish partner, Scandlines AB. On the Rostock-Gedser route, the Scandlines ferries "Kronprins Frederik" and "Prins Joachim", both fitted with new engines cross between Germany and Denmark 9 times per day in just 1 hour 45 minutes. The ferry vessels "Ask" and "Urd" have been setting course for Ventspils in Latvia 4 times per week since October 2005.
"We expect a further increase in transport volumes for the second half of 2006, especially in the cargo sector", added Uwe Bakosch. "Two important growth factors for us are the completion of the A20 Baltic Sea Highway and Scandlines' greater orientation towards ports with a hub function." In this case, it is particularly Rostock and Ventspils that are contributing towards the growth rates at Scandlines through the concentration of routes at one port location and the resulting increase in goods traffic volumes. Via the A20, Rostock has optimum links to the southwest of Hamburg as well as the important transport corridors of Poland and Southeast Europe, with the port directly connected to the highway.
One of the driving forces for growth is the Rostock-Gedser route, on which Scandlines transported around 18% more trucks, 9% more passengers and 12% more cars in the first 6 months of this year.
The doubling of departures and capacity on the Rostock-Ventspils service is also bearing fruit. The shift of accompanied transport overland in the direction of the Baltic States and Russia has been stopped. In the first half of this year, Scandlines carried twice as many trucks and trailers on the Rostock-Liepaja line as in the same period of 2005, while the transport of passengers and cars rose by as much as 2.4 and 3.7 times respectively.
Looking into the future, Uwe Bakosch is convinced that the need for rapid links across the Baltic Sea will continue to increase. "Transit traffic via Poland and Southeast Europe will rise at an above-average rate over the next 10 years, in particular. With the quality of its links with the interior and its infrastructure, the Port of Rostock has very good growth opportunities in this regard. The strength of Scandlines lies in the fact that we will continue to cover the growth in links across the Baltic Sea with the most compact route network in the Baltic and the highest departure frequencies."
Scandlines AG generated sales of EUR 523 million in 2005, yielding a profit of EUR 70 million after tax. The company presently operates 12 lines between 20 ports in the triangle of Germany, Denmark and Sweden, as well as to the Baltic States. This means that the Rostock-based German-Danish shipping company, in which Deutsche Bahn AG and the Danish Ministry of Transport and Energy each has a 50% holding, has one of the most extensive route networks in the Baltic Sea region.
Scandlines presently operates 3 ferry services to the Baltic region from Rostock. On the Rostock-Trelleborg (Sweden) line, the company offers up to 3 departures a day together with its Swedish partner, Scandlines AB. On the Rostock-Gedser route, the Scandlines ferries "Kronprins Frederik" and "Prins Joachim", both fitted with new engines cross between Germany and Denmark 9 times per day in just 1 hour 45 minutes. The ferry vessels "Ask" and "Urd" have been setting course for Ventspils in Latvia 4 times per week since October 2005.
"We expect a further increase in transport volumes for the second half of 2006, especially in the cargo sector", added Uwe Bakosch. "Two important growth factors for us are the completion of the A20 Baltic Sea Highway and Scandlines' greater orientation towards ports with a hub function." In this case, it is particularly Rostock and Ventspils that are contributing towards the growth rates at Scandlines through the concentration of routes at one port location and the resulting increase in goods traffic volumes. Via the A20, Rostock has optimum links to the southwest of Hamburg as well as the important transport corridors of Poland and Southeast Europe, with the port directly connected to the highway.
One of the driving forces for growth is the Rostock-Gedser route, on which Scandlines transported around 18% more trucks, 9% more passengers and 12% more cars in the first 6 months of this year.
The doubling of departures and capacity on the Rostock-Ventspils service is also bearing fruit. The shift of accompanied transport overland in the direction of the Baltic States and Russia has been stopped. In the first half of this year, Scandlines carried twice as many trucks and trailers on the Rostock-Liepaja line as in the same period of 2005, while the transport of passengers and cars rose by as much as 2.4 and 3.7 times respectively.
Looking into the future, Uwe Bakosch is convinced that the need for rapid links across the Baltic Sea will continue to increase. "Transit traffic via Poland and Southeast Europe will rise at an above-average rate over the next 10 years, in particular. With the quality of its links with the interior and its infrastructure, the Port of Rostock has very good growth opportunities in this regard. The strength of Scandlines lies in the fact that we will continue to cover the growth in links across the Baltic Sea with the most compact route network in the Baltic and the highest departure frequencies."
Scandlines AG generated sales of EUR 523 million in 2005, yielding a profit of EUR 70 million after tax. The company presently operates 12 lines between 20 ports in the triangle of Germany, Denmark and Sweden, as well as to the Baltic States. This means that the Rostock-based German-Danish shipping company, in which Deutsche Bahn AG and the Danish Ministry of Transport and Energy each has a 50% holding, has one of the most extensive route networks in the Baltic Sea region.
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