Baltic Sea


INVESTOR NEWS No. 27 – 12 October 2022

Ferry – Cargo: The total volume in September 2022 was 7.5% lower than in 2021 due to lower volumes on the Dover Strait and in the Baltic Sea. In all other regions, the volume of cargo was higher than in 2021.

Volumes in the North Sea exceeded 2021 despite the negative impact of a strike at the Port of Felixstowe, as much of the volume was diverted to the Port of Immingham instead. Volumes in the Mediterranean network continued to grow, driven by Turkish industrial production and exports.

Channel’s volumes were below 2021 after activity in the Strait of Dover fell due to a decline in overall market volume and capacity additions from a third ferry operator. Channel year-to-date volumes were up 0.3% above 2021. Baltic Sea volumes were below 2021 due to the war in Ukraine, albeit to a lesser extent than previous months.

In the last 12 months of 2022-21, the total freight lane meters transported decreased by 1.5% to 43.1 million from 43.8 million in 2021-20.

ferry – passenger: Passenger numbers more than tripled to 371,000 in September 2019, the last comparative month before Covid-19, accounting for 82% of the volume. The number of cars was 89% of the volume in 2019. Channel’s volume was reduced by capacity expansion by a third ferry operator.

In the last twelve months of 2022-21, the total number of passengers was 3.3 million, compared to 0.8 million in 2021-20 and 5.1 million in 2019.

DFDS ferry volumes
September LTM*
freight 2020 2021 2022 change 2020-19 2021-20 2022-21 change
lane meters, ‘000 3,755 3,683 3.407 -7.5% 39,489 43,814 43,140 -1.5%
passenger 2020 2021 2022 change 2020-19 2021-20 2022-21 change
passengers, ‘000 82 113 371 227.5% 2.302 766 3.261 325.5%
*Last twelve months

DFDS reports monthly ferry volumes for freight and passengers to provide insight into the evolution of volume trends across DFDS’ European route network. DFDS ferry routes facilitate trade and travel in and around Europe. Click on the link to view a map of the entire network. The October 2022 volume report is expected to be released on November 17, 2022 around 7:30 a.m. CET.


Torben Carlsen, CEO +45 33 42 32 01

Karina Deacon, CFO +45 33 42 33 42

Soren Brondholt Nielsen, IR +45 33 42 33 59

Nicole Seroff, Communications +45 31 40 34 46

About DFDS

DFDS offers ferry and transport services in and around Europe and has an annual turnover of around DKK 25 billion.

We offer over 10,000 freight customers high reliability through ferry and port terminal services as well as transport and logistics solutions.

We offer safe overnight and short sea ferry services to millions of passengers.

Our 11,000 employees are located on ferries, terminals, distribution centers and in offices in more than 20 countries. DFDS was founded in 1866, is headquartered in Copenhagen and is listed on Nasdaq Copenhagen.

This information is subject to disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act.

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