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    The heavy snowfall currently affecting large parts of Denmark is unfortunately causing significant challenges for transportation.

    In several areas, we are experiencing that trucks are unable to move forward or return as usual, which impacts both pickups and deliveries. We are doing everything we can to maintain our service with a strong focus on everyone’s safety.

    We are continuously working to maintain an overview. If you have any questions or need further information, please contact your usual FREJA contact person.

    We hope for your understanding that operations may take longer than usual.



    Stena Line has announced that the ferry route between Grenaa and Halmstad will be closed as of 30 April 2026. The closure is due to ongoing profitability challenges and a highly pressured market.

    For FREJA, this means that a direct route between Denmark and Sweden will no longer be available. This will result in changes to route selection, longer transit times, and higher costs, as transports will need to be rerouted via alternative ferry services or land connections.

    We are currently analysing the consequences, adjusting route planning, and ensuring that we can continue to deliver efficient and competitive transport solutions to our customers.

    If you have any questions regarding the above, you are as always very welcome to contact your FREJA representative.



    We would like to inform you about the current weather situation in Germany and the resulting challenges within the transport network.

    Due to the local public holiday on 6 January 2026, combined with continued high shipment volumes to the federal states of Bavaria, Baden-Württemberg, and Saxony-Anhalt, we are currently experiencing congestion in these regions.

    In addition, the prevailing weather conditions in Germany and across Europe are having a significant impact on our operational processes. According to the latest weather forecasts, the situation is expected to deteriorate further, which may lead to reduced operational capacity within the network and consequently longer transit times than usual.

    Should you have any questions or require further information, please contact your FREJA contact person, who will be happy to assist you.



    CBAM is the EU’s Carbon Border Adjustment Mechanism, which will enter into full effect from 1 January 2026. The purpose is to reduce CO₂ emissions by ensuring that goods imported into the EU from third countries pay a CO₂ charge equivalent to the costs already paid by EU producers under the EU Emissions Trading System (ETS).

    Which goods are covered?

    Currently, CBAM covers the following product groups, and the list is expected to be expanded around 2026/2027:

    • Iron and steel
    • Aluminium
    • Cement
    • Fertilisers
    • Electricity
    • Hydrogen

    What does this mean in practice?

    From 1 January 2026, companies importing CBAM-covered goods into the EU must be registered as CBAM declarants in order to import these goods. This authorisation ensures that the company can report CO₂ data and handle CBAM certificates correctly.

    FREJA helps you navigate CBAM safely

    At FREJA, we have a thorough understanding of the CBAM rules, registration requirements, and the practical implications for importing CBAM-covered goods. We closely monitor developments and ensure that our solutions and advisory services are always up to date with current EU and customs regulations.

    If you have any questions or need guidance, please contact your usual contact person at FREJA.



    The EU and the USA have reached an agreement setting a fixed ceiling of 15% customs duty on most goods – and completely removing tariffs on a number of strategically important products. The agreement sends a clear signal that free trade can still prevail over protectionism.

    "In a time of global challenges and uncertainty in the world markets, it is important to have stable framework conditions for our customers. This agreement brings stability to trade across the Atlantic," says Dennis Kring Friis, Manager for Customs Clearance.

    For Danish logistics, the agreement means increased predictability in trade with our largest trading partner to the west – giving companies the opportunity to plan their transport and supply chains with greater certainty.

    At FREJA, we closely follow developments and stay updated on customs matters so that we can always provide our customers with the best possible advice. If you have any questions, please contact your usual FREJA representative or our customs department.



    Update November 21, 2025

    Update regarding the expected impact of the announced national actions. Please note that this remains an estimate, as the exact consequences of the strike are still difficult to predict.

    Monday 24/11
    At this stage, the trade unions have not issued a direct call to strike on Monday. However, they have stated that they will support any employees who decide to stop work.

    Tuesday 25/11 and Wednesday 26/11
    An official call for action has been announced for both Tuesday and Wednesday as part of the three-day protest against the government’s pension-related austerity plans.

    We do not expect actions by the pilots or by the air traffic controllers in Antwerp, but we do anticipate actions by the traffic controllers in Zeebrugge as well as by Vloot (the transport company supporting the pilots).

    Impact on the Port
    The Port of Antwerp will remain operational, but with reduced capacity. This may result in delays or, in some situations, a temporary halt of certain activities. As is customary, trade unions will not provide advance notice to the affected parties, in order to maximise the effect of their actions.

    _____________________________________________________________________________________________________

    We would like to inform our customers and partners about the current situation in the Ports of Antwerp and Rotterdam, where recent industrial actions have caused delays and congestion.

    Antwerp Strike Suspended, Congestion Ongoing

    The Port of Antwerp-Bruges has faced major disruptions due to the pilots’ protest against pension reforms.

    The general strike ended as planned, and pilots’ actions were suspended on 18 October for a 10-day negotiation period. Should talks fail, strikes may resume.

    Despite the suspension, Antwerp terminals remain heavily congested, with several vessels still awaiting entry and departure.

    It is expected to take several days before operations return to normal levels.

    Rotterdam Strike Officially Ended

    In Rotterdam, the lashing companies’ strike was officially declared over on 18 October, with no renewed action expected. Operations have mostly returned to normal, though capacity remains slightly below full efficiency.

    Despite the end of strikes in both ports, significant backlogs remain.

    According to the daily update, congestion for inland vessel handling is currently 50–70 hours in both Antwerp and Rotterdam. Antwerp continues to experience the heaviest delays, while Rotterdam is recovering faster.

    At FREJA Transport & Logistics, we are working closely with our partners to adjust routes and schedules and minimize delays.

    Our teams are monitoring developments daily to ensure the most efficient handling of our customers’ shipments and maintain transparent communication throughout the recovery period.



    Information security is no longer optional – it is a necessity. The new NIS2 directive imposes stricter requirements on companies providing critical and essential services. At FREJA, we are not just ready – we are already taking action.

    We have a dedicated team that works every day with information security, risk management, and preparedness. We closely monitor developments to ensure that we always meet both national and EU-regulated requirements, including, of course, the NIS2 directive. We continuously collaborate with relevant authorities and actively participate in professional networks to stay ahead with new knowledge and best practices.

    But for us, security is not just about legal compliance. It is about responsibility. We know that our solutions are critical to your business, and we take that very seriously. That is why information security is an integral part of everything we do – from technology and processes to culture and behavior.

    With FREJA as your partner, you can rest assured that security is top priority. We take great care of your data, your business, and your trust.



    SDK FREJA has navigated a year marked by uncertainty and volatility in the shipping and logistics markets,
    delivering revenue of DKK 6.3 billion in 2024/25. This resulted in an EBIT of DKK 241.5 million.

    SDK FREJA concludes its 2024/25 financial year with a robust performance across the Group.
    This result reflects the company’s adaptability in markets that, like in previous years, have
    been marked by uncertainty and external factors.

    Geopolitical tensions and macroeconomic headwinds have led to declining demand for
    shipping and logistics in most of the SDK FREJA Group’s key markets. Nevertheless, SDK
    FREJA Group managed in 2024/25 to increase volume and activities in both the Shipping and
    Logistics divisions.

    ”Our strong results are driven by a clear strategic direction, consistent customer focus, a
    strong ability to adapt as an organisation, and the dedication and market insight of our
    employees. This fosters close collaboration with customers and partners, which has
    strengthened our position as a trusted partner in both shipping and logistics,” says Group CEO
    of SDK FREJA, Søren Gran Hansen.

    Exceeds own expectations
    Revenue for 2024/25 grew by more than 6% compared to the previous financial year and
    surpassed the expectations set at its outset. Likewise, the realised EBIT of DKK 241.5 million
    exceeded initial expectations.

    ”It is very positive that both our Shipping and Logistics divisions have delivered higher revenue
    than in 2023/24 and above our expectations. Likewise, EBIT in both divisions has also
    exceeded our expectations. The overall activity level in Shipping and Logistics has increased,
    which is satisfactory considering the weak macroeconomic conditions in most of our key
    markets and the high pressure on prices,” says SDK FREJA’s Group CEO.

    According to the Søren Gran Hansen, the company's ability to outperform its own
    expectations and defy the trend in the SDK FREJA's key markets is due to its dedicated
    employees, strong customer relationships, and a willingness to invest in new developments.

    ”Our customers and employees remain at the heart of everything we do, and we continue to
    build on our long-term relationships and tailored solutions. We are continuing to invest in
    automation and AI to enhance our efficiency and respond more proactively to changing
    market dynamics and customer demands,” says Søren Gran Hansen.

    Momentum in core activities
    Following a challenging 2024/25, both the Shipping and Logistics divisions view the results as
    a clear testament to the strength of sustained focus on core activities, customised solutions,
    and close collaborations between the business activities.

    ”We have maintained our focus on getting even closer to our customers and collaborating to
    find tailored solutions across our activities. At the same time, our Shipping division has
    successfully sustained strong momentum in our core business and attracted new, promising
    opportunities,” the CEO for Shipping Division, Lars Jespersen, notes, with Ulrik Rasmussen,
    CEO for Logistics Division adding:

    ”In our Logistics division, we see this year’s result as a clear confirmation of our continued
    focus on delivering reliable and value-adding solutions to our customers. We have
    strengthened our full-service logistics offering and increased collaboration across segments.
    Everything we do is aimed at creating real value and making logistics simple and seamless for
    our customers,” says Ulrik Rasmussen.

    Fact box:

    About SDK FREJA:
    SDK FREJA Group is a full-service logistics and shipping company and one of the few
    independent and privately owned local mid-sized logistics and shipping companies. With
    +1,400 employees in eight countries the focus is on providing one entry point for a consistent
    and effective solution within the business areas.

    SDK FREJA Group is part of the Danish, family-owned United Shipping & Trading Company
    (USTC). USTC holds a portfolio of activities that include oil & energy, shipping & logistics, ship
    owning, risk management, car activities, IT and sustainable energy, and is represented in 38
    countries with over 160 offices and more than 4,500 employees.

    For additional information or to set up an interview, please contact:

    MADS INGEMANN JØRGENSEN
    Communications Consultant
    Group Communications
    Mobil +45 2779 6787
    press@ustc.dk



    Congestion in several ports in Belgium, Germany, and the Netherlands has led to an increased risk of delays. Several ports have been affected, including Antwerp, Hamburg, and Rotterdam.

    Longer transit times are a result of the congestion. The main cause of the congestion is driven by delays in berthing, with some ships experiencing a waiting time of 7-10 days for a free berth. Several factors have contributed to the current situation, including labor shortages, low terminal capacity, strike activities, and limited inland transport together with the implementation of the new shipping alliances.

    Emergency measures against the congestion, such as adjusting the prioritization of quay spaces, have been implemented. These measures also result in extended transit times of 10-14 days. As a further consequence, the transit time from Northern Europe to the Arabian Gulf will increase from the usual 40-45 days to 55-70 days, and in some cases up to 90 days.

    Belgium

    Antwerp is still experiencing significant after-effects following a nationwide strike. Several of the quays are critically overloaded. The waiting time for barges is on average 103 hours. Truck spaces are also limited. The container opening has been reduced from 7 to 5 days before ETA, requiring interim storage of containers. Antwerp is heavily disrupted due to the congestion, delayed vessels and the reshuffling of the new shipping alliances.

    Germany

    German ports are affected by ship delays and delivery restrictions, but Bremerhaven and Wilhelmshaven are operating relatively well. In Hamburg, MSC's move to CTB has created complications with waiting times and high load as a result. Eurogate has had a positive effect from the change, but there is still some waiting time.

    Netherlands

    Rotterdam is struggling with staffing shortages, creating bottlenecks at Delta II. APM Terminals Maasvlakte is functioning well despite high load. RWG is experiencing delays due to congestion.

    For questions or more information, please contact your contact person here at FREJA.

    We apologize for the inconvenience this causes and hope for your understanding.

    David Nielsen
    Head of Business Development Air & Ocean

    +45 5234 5457
    dni@freja.com