FERRIES - Scandlines changes tack on passengers

  • 2008-03-19
  • By Howard Jarvis
VILNIUS - The accession of the three Baltic countries to the Schengen Agreement has forced cargo-oriented ferry companies like Scandlines to rethink their strategies. In the face of intense competition from rival ferry companies, Scandlines' eastern Baltic hopes now lie with Ventspils, little exploited until recently as a passenger port. Scandlines cites increasing divisions of labor at the international level, positive economic developments in the new EU member states and Russia, and the expansion of the Schengen zone as factors that represent a lucrative opportunity. It anticipates a ...
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