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Ports & Logistics

Strong freight growth for DFDS after 2021 new year Brexit lull

January figures show near 14 per cent increase with º£½ÇÊÓÆµ routes driving growth

Port of Immingham, with the DFDS Outer Harbour in the foreground.(Image: Reach Plc)

Freight volumes are up almost 14 per cent year-on-year for DFDS, with º£½ÇÊÓÆµ and Mediterranean routes driving the increases.

Monthly figures for January showed a 13.8 per cent increase, set against a backdrop of new Brexit rules and procedures at the start of 2021.

Giving its monthly volume report to the City, the Danish giant with its º£½ÇÊÓÆµ headquarters in Immingham, saw volumes on all ferry routes “increase considerably.”

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Stock-building ahead of Brexit was also a key factor, the business said.

And the volumes were higher than January 2020, up from 3.21 million lane metres to 3.22 million - the last month before the impact Covid could have on world trade started to emerge.

The rolling last 12 months is showing a 6.7 per cent increase, and 5 per cent on the 2019-20 figure, when Brexit uncertainty was seen as stifling some trade.

The upticks come as major new roll-on roll-off facilities are planned for the North Sea, with Stena Line investing alongside ABP, again at Immingham, in what is a £100 million, 50-year agreement.