INVESTOR NEWS no. 29 - 12 September 2025 Ferry – freight: Total volumes in August 2025 of 3.1m lane metres were 1.9% below 2024 and 3.9% lower adjusted for route changes. YTD growth rates were 0.1% and -1.2%, respectively. North Sea volumes were below 2024 driven by mainly lower activity on routes calling the UK. Mediterranean volumes were below 2024 following a slowdown in Turkish automotive manufacturing and domestic demand as well as reduced capacity on one route. Channel volumes were above 2024 driven ...