The Ærøexpress begins building new ferry
The board of the Ærøexpress has lifted the finance restraints in the contract with Danish company Hvide Sande Shipyard A/S regarding the building of a new ferry. This means that a new ferry crossing on the Marstal-Rudkøbing route will now become a reality, the board reports in a press release.
Construction will start immediately and is expected to have the new ferry done in autumn 2019. Financing of the ferry and land facilities is mainly provided through loans by Denmark’s Green Investment Fund and Ringkjøbing Landbobank, and by drawing more than 1,250 public shares from investors at home and abroad.
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