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2011 March 16   13:30

Mols-Linien to close ro-pax ferry service and changes CEO

Mols-Linien A/S will close the ro-pax ferry service between Århus and Kalundborg as soon as possible, pending a sale of the two units, Shipgaz reports. Furthermore the company will change its CEO with immediate effect. Preben Wolff, CEO since 1992, has decided to retire at the age of 67 and will be replaced by Søren Jespersen, presently member of the board of directors. He has previously been employed by DFDS as head of DFDS Seaways.
The decisions were taken yesterday at an extraordinary general assembly called by the Clipper Group as the largest shareholder in the company. The group expressed its dissatisfaction with the present conduct of business, with the decline of cars and passengers on all services. The ro-pax service is losing around DKK 100,000 per day after a decline of 100,000 lorry units annually. The plan is to offer the two ferries Maren Mols and Mette Mols for sale and keep them running until a sale is fixed, as it is cheaper to sail than having them laid up.

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