Fjord Line gains support from major investors in rescue package

Key shareholders in Norwegian ferry operator Fjord Line are injecting fresh capital into the company in a bit to ensure continued operations.

Frode Teigen and Johan H Andresen’s family company Ferd are leading the effort that will also see lenders, staffers and Norwegian authorities contribute.

Fjord Line describes the move as a voluntary action.

The effect of the package is NOK 700m ($67.3m)