Clipper loss of 600 million kroner in 2009

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

31 May 2010

The Copenhagen based shipping company, Clipper, came out of 2009 with a deficit of 600 million Danish kroner, not least caused by the unfortunate investment in the Samsoe ferry Kanhave, owned by the ferry company Nordic Ferry Service.
"We ended up losing a lot of money on the ferry, which had a impact on our result", says Henrik Lund Dahl, financial director in Clipper Group.
Clipper's activities in the Danish ferry service are estimated to render one fourth of the total loss, corresponding to about 150 million Danish kroner.
Clipper also lost money on cargo shipping in the Irish Sea and on tanker shipping.

Source: Maritime Denmark