Denmark’s Clipper group is not looking for a buyer for its ferry business despite big financial losses.

The Scandinavian and Irish Sea ferry operations of the Clipper group lost some $36m last year and accounted for 80% of the total $45m deficit of Clipper’s Danish operations according to media reports.

But Per Gullestrup the Clipper partner responsible for ferry and ro-ro operations tells TradeWinds the losses reflect only the business activities in Denmark rather than the wider shipping business which is mostly domiciled in the Bahamas.

So