A container vessel is added to the fleet

Friday, October 2, 2015

A container vessel is added to the fleet and the Gray Line expands

Eimskip will in the middle of October make changes to its sailing schedule where the services of the Gray Line will be expanded.

The Gray Line has since February 2014 served between the Faroe Islands and Scotland, but the line's role will become more extensive than before with an additional chartered vessel of 500 TEU. The Gray Line will continue its services between the Faroe Islands and Scrabster in Scotland, but new port calls will be added in Arhus in Denmark, Halmstad in Sweden and Swinoujscie in Poland.

There has been substantial growth in transported volume to Iceland in recent months and further growth is expected. Transport volume in the North Atlantic has been affected by the Russian embargo. The change of the sailing schedule is made to adjust it to ever-changing market needs. The change will increase the capacity of the company's liner vessel fleet by 6% and a port call is added in Poland. There will be substantial increase in system flexibility which will increase reliability during the winter period.

The two vessels serving the Gray Line will be named Blikur and Lómur. These names have historically been connected to Faroe Ship, Eimskip's subsidiary in the Faroe Islands, since vessels with these names were for decades operated by Faroe Ship.

Gylfi Sigfússon, President and CEO

Transportation needs are constantly changing and it is important for us to be able to fulfill them. We are pleased to be able to increase capacity, reliability and the efficiency of our sailing schedule, besides adding a new port of call in Poland to meet growing needs in transport of pelagic fish and construction material. Transport flow is ever-changing and therefore it is important for Eimskip to be able to respond to changed needs to further increase services to its customers.