The company started the route in September 2007 and realized increasing volumes. However, it noted EU marine sulphur emissions reduction legislation, which takes effect Jan. 1, will result in increasing fuel costs and the deterioration of financial return from the service.
“It is expected that up to 50 percent of the trailer volumes will return to the road. The Board of Directors of Spliethoff Group, therefore, had to decide there is no profitable future for a ro/ro service on this route,” the company said in a statement.
Transfennica said the decision has no impact on its other ro/ro and logistics services in Spain and Portugal.
The company operates a fleet of 15 multipurpose ro/ro vessels for its short-sea transportation services across Europe.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now