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By | 2020 Newsletter week 43 | No Comments

Ryfylkefergen – a Battery Ferry for Full Day Operation without Charging

Norwegian shipyard Westcon in Ølen is to build a fully electric ferry for Norled.

  • Route: Stavanger – Ryfylke archipelago
  • Up to 25 ports may be visited on a day. For this reason, the ferry is designed with interface for ferry linkspans in one end and combined ferry linkspans and roro ramp in the other. Because it is impossible to equip all these ports with chargers, the charging will be done overnight. (large battery packs!)
  • Operator: Kolombus Rogaland / Norled
  • Capacity: 99 pax / 27 cars / 2 trailers
  • Length: 45.4m
  • In aluminium
  • Design: LMG Marin
  • Delivered: 2022

Earlier this year, Westcon and Norled agreed on two more newbuildings, one of which will be Norway’s first hydrogen ferry.

Grimaldi Group Took Delivery of the New RoRo ECO VALENCIA

By | 2020 Newsletter week 43 | No Comments

Grimaldi Group took delivery of ECO VALENCIA, the first of 12 hybrid roro ships (of which 3 are for Finnlines) part of the new Grimaldi Green 5th Generation class built in China by Nanjing Jinling Shipyard.

  • The vessel will be deployed on the motorways of the seas between Italy and Spain linking Livorno, Savona, Barcelona and Valencia ports
  • Length 238m / beam 34m / gross tonnage 64,000 / 7,800 lane meters
  • The design of the newbuilds was developed by the Technical and Energy Saving Department of the Grimaldi Group together with Knud E. Hansen in close cooperation with the shipyard
  • Classified “Green Plus”, which recognizes the environmental sustainability and performance
  • The vessel also obtained the AIR-LUB notation for her innovative air lubrification system

Deterioration in Viking Line’s Results Due to the Impact of the Pandemic

By | 2020 Newsletter week 43 | No Comments

January–September 2020

  • Sales €154.2 million (380.8)
  • Operating revenue €16.7 million (0.2)
  • Operating income €-35.2 million (17.5)
  • Net financial items €-3.1 million (-3.6)
  • Income before taxes €-38.3 million (13.9)
  • Income after taxes €-30.8 million (11.1)

Q3, 2020

Sales €56.6 million (153.8)

Operating income totalled €-7.8 million (26.2)

  • Q3 = most of the Group’s income is usually generated, this year negative
  • A large percentage of the staff in Finland was furloughed.
  • Travel restrictions, inconsistent communication from authorities affected travel and sales.
  • Uninterrupted passenger and cargo service in spite of pandemic
  • Liquidity at end of Q3 was stretched and remained at same level since then. Negotiations with financiers were conducted. On October 15, the Finnish Government issued State guarantees for additional loans totalling €38.7 million, which will secure liquidity.
  • The Finnish Transport and Communication Agency (Traficom) launched a tender process for a public transport service provider on Turku–Mariehamn–Stockholm, Mariehamn–Kapellskär and Helsinki–Tallinn routes. Viking Line intends to take part in the tender process.

Future prospects unchanged: Income for the full financial year will be negative.

Fjord Line and Color Line Forced to Trim the Sails

By | 2020 Newsletter week 43 | No Comments

With the ongoing pandemic and restrictions on international travel from and to Norway, both Color Line and Fjord Line decided to reduce capacity.

Color Line: Oslo Kiel

  • As from 4 November, cruise ferry COLOR MAGIC will sail in a customized timetable with freight and Norwegian cruise-only passengers (without disembarking in Kiel).
  • Sister ship COLOR FANTASY will be laid up. This means that another 400 employees will be laid off.

Fjord Line: Bergen – Hirtshals and Hirtshals – Langesund

  • As from 27 October Fjord Line will temporarily stop servicing the routes between Hirtshals, Denmark and two ports in Norway: Bergen and Langesund. (until end of year)
  • Norway’s North Sea coast will still be operated by BERGENSFJORD between Stavanger and Hirtshals, in a freight-only mode.
  • Ropax STAVANGERFJORD to be laid up.

Less Passengers? More Freight Capacity for Spirit of Tasmania

By | 2020 Newsletter week 43 | No Comments

In its Annual Report 2019/20, TT-Line Company Pty Ltd’s reported total revenue of AUS $270.7 million and an after-tax profit of $32.4 million.

Chairman Michael Grainger said the Company’s performance was adversely impacted by the pandemic.

  • Number of sailings: 842 (867)
  • Passengers 351,224 (446,869)

“The freight volumes carried by the Company for the year were the highest on record, due in part to the increased availability of lane metres on board the ships because of lower passenger requirements.”

Getlink’s Shuttle Profits Temporarily from Lifting of Quarantine

By | 2020 Newsletter week 43 | No Comments

Q3, 2020 results for Channel Tunnel

Traffic statistics

  • -3% Trucks on Truck Shuttles
  • -30% Cars, Motorhomes, Motorcycles… on Passenger Shuttles
  • -74% Coaches on Passenger Shuttles
  • -89% Passengers on Eurostar trains
  • -23% Rail Freight Trains

 

Finance data

  • -17% Revenue (for the Group)
  • -19% Revenue (for Eurotunnel)

Only -2% Revenue (Eurotunnel Shuttle) “as a result of the bounce back observed following the temporary lifting of UK quarantine measures during Le Shuttle’s peak summer season, the resilience of the Truck Shuttle’s traffic and the positive effects of the Group’s yield management strategy.”

Agreement with Financiers and Finnish Government on Liquidity Loans of €43 million

By | 2020 Newsletter week 43 | No Comments

The Finnish Government approved the State of Finland’s guarantees on Viking Line´s liquidity loans up to €38.7 million. Using the liquidity loans, Viking Line aims to further secure its cash position and ensure business continuity during the exceptional situation caused by the coronavirus crisis. In addition to the Finnish State guarantees, commercial banks are guaranteeing €4.3 million.

The arrangement is compliant with EU State aid regulations.

Four New Electric, Highly Automated Ferries for the Stockholm Archipelago

By | 2020 Newsletter week 43 | No Comments

The Swedish Transport Administration Färjerederiet has begun a procurement of four new hybrid electric road ferries for two routes in the Stockholm archipelago, Ljusteröleden and Vaxholmsleden.

  • Delivery of the first ferry will be around end of 2022, then one per year
  • 60 cars
  • Traffic monitoring, auto-mooring and auto-charging in 4 minutes
  • Tenders must be received no later than 19 March 2021
  • The investment is part of Färjerederiet’s Vision 45, a plan for all our ferries to be climate neutral by 2045

Seajets Owner Marios Iliopoulos Invests in Cruise Ships

By | 2020 Newsletter week 43 | No Comments

Greek ship-owner Marios Iliopoulos of Seajets has acquired four cruise ships in the last three months. (the man in the middle of the picture)

According to experienced market executives, it is estimated that the ships’ pre-corona value was $500 million. They were purchased about $7.5 million each.

The market excludes the possibility for Mr. Iliopoulos to form a cruise company. These ships will either be chartered to other cruise companies or sold at 2019 prices.

Ships: QUEEN OF THE OCEANS (2000, Wikipedia), AEGEAN MAJESTY (1996, Wikipedia) and AEGEAN MYTH (1993, Wikipedia), PACIFIC ARIA (1994, Wikipedia).

Dirk Spoor Succeeds Paul Melles as Managing Director of Rederij Doeksen

By | 2020 Newsletter week 43 | No Comments

After nearly 34 years working for Rederij Doeksen, of which 20 years as MD, Paul Melles will say goodbye to Rederij Doeksen per 31 December 2020.

Paul Melles (60) will be succeeded by Dirk Spoor, who is currently working in the company as the Head of Hospitality and HR.

Dirk Spoor (38) started working for Rederij Doeksen in 2010.

Paul Melles will remain involved with Rederij Doeksen: “Royal Doeksen has offered me the position of Technical Director. In my new job I will support the existing activities of the holding company (the companies Rederij Doeksen, Royal Huisman and Waterbus), but I will also start new projects. In the past years I have gained a lot of knowledge and experience, especially when it comes to sustainability. That is definitely a field I will advise the different companies about and I am very much looking forward to that.”

FERRY PORTS

By | 2020 Newsletter week 43 | No Comments

“Positive” September for the Port of Piraeus

Port of Piraeus presented an increase of 4,5% in container traffic in September, according to the monthly data published by COSCO Shipping Ports. In Q3, a decrease of 4,1% was recorded as well as a total decrease of 5,5% in the nine-month period.

In any case, the data of the last quarter of the year are expected with great interest as they will reveal the annual total loss that the port will have due to the consequences of the pandemic, as well as the dynamics that Piraeus maintains in relation to other rival Mediterranean ports.

Grandi Navi Veloci Suspended the RoPax Link between Civitavecchia and Palermo

By | 2020 Newsletter week 43 | No Comments

GNV has suspended the ropax link between the ports of Civitavecchia and the Sicily island (i.e. ports of Palermo and Termini Imerese) after the ‘port of Rome’ increased port dues applied to roro and passenger traffics, embarked and disembarked.

The decision (which seems to be still reviewable) was taken by the port authority of Civitavecchia in order to balance the financial losses coming after the Covid emergency which cancelled all the cruise season and most of the ferry traffic this year.

The dockworkers company protested against the new increased port dues warning that several shipowners (Grandi Navi Veloci and Grimaldi for the news cars handling) are already thinking to move their ships to other ports in Italy.

The MSC-controlled ferry company will go on serving the line between Sicily and Central-Southern Italy through the port of Naples.

INTERESTING

By | 2020 Newsletter week 43 | No Comments

A New Ferry Company? Morocco Cruise Line

Suddenly a new ferry project pops up. Morocco Cruise Line got the authorization to start the transportation of passengers last July, from the Moroccan Minister of Development (source: Bladi.es)

The route will be Sète – Tanger, and also the port of Motril could be used.

Freight could already start end of this year.

Which ship(s) is currently unknown.

TECHNOLOGY

By | 2020 Newsletter week 43 | No Comments

Modern Batteries Meet Veteran Ferry

Batteries have been installed on WASA EXPRESS (1981, ex TRAVEMÜNDE, SALLY STAR…). In a black out they can supply energy to the most important pumps on board. This means that WASA EXPRESS now can sail with only one generator, instead of two.

Wasa Express is probably the first passenger ferry in the world where such a back-up solution for critical pumps has been installed. The solution designed by the innovation company eMarine Engineering Nordic Ab means that Wasa Express saves 25 tonnes of fuel (approx. 80 tonnes of CO2) per month.

IN THE MEDIA

By | 2020 Newsletter week 43 | No Comments

Tallink CEO: Tallink Alone Can Not Subsidize Estonian Export

Entrepreneurs are blaming Tallink for a sudden hike in export prices and have said they deal a blow to industries across Estonia. Tallink Group CEO Paavo Nõgene said the price increase is temporary and due to travel restrictions as the shipping line has to stay afloat.

SHORT NEWS

By | 2020 Newsletter week 43 | No Comments

Stena Line has announced that STENA EMBLA, the last of its three new ferries destined for the Irish Sea, has successfully completed its sea trials in China’s Yellow Sea.

She will arrive home around Christmas, in time to start operating on the Belfast to Birkenhead route in early 2021, alongside sister ship STENA EDDA.

The new vessel replaces the STENA MERSEY, which has successfully operated on the Belfast to Birkenhead route for 10 years. She will then head off to join sister ship STENA LAGAN in Turkey where both ships are being extended, before re-deployment on the Baltic Sea.

Ferguson is investing more than £500,000 in a new tower crane to support the future growth of the business.

The existing tower crane, which has stood in the shipyard for 37 years, has reached the end of its serviceable life and is being demolished to make way for a bigger and better version.

VIKING XPRS now utilizes shore power in Tallinn.

Project in cooperation with ABB Industrial Automation.

PRIDE OF BRUGES has left the Zeebrugge-Hull route to stand in for PRIDE OF HULL on Europoort-Hull. Reason: an engine room fire on PRIDE OF HULL. The fire broke out shortly after the ship set sail from Hull at 8.30pm on 20 October en route to Rotterdam.

FRS took over the traditional Elbe ferry Glückstadt – Wischhafen on October 21, 2020

Ms Both-Walberg, who had been managing the family-run shipping company in the third generation, handed over the steering wheel to FRS on board the ferry GLÜCKSTADT. As a family-run company with more than 150 years of company history, FRS is taking over from the northern German ferry line.

From left to right: Birte Dettmers and Tim Kunstmann (FRS), and Ms Both-Walberg