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sandra

Feb 16
Love1

Namegiving ceremony FINNCANOPUS marks the completion of Grimaldi’s half-billion investment programme

By 2024 Newsletter week 07

FINNCANOPUS, the second hybrid freight-passenger Superstar vessel of Finnlines, was christened in Naantali, marking the completion of Finnlines’ EUR 500-million Green Investment Programme.

Katariina Nurmi, representing DB Schenker, served as the vessel’s godmother, embodying Finnlines’ dedication to maintaining a dependable and efficient logistics network. This network not only supports the growth of freight customers but also strengthens Finnlines and its partners as they strive towards mutual success.

Feb 16
Love1

Stena Line officially commenced Dublin-Liverpool freight route

By 2024 Newsletter week 07

Stena Line has commenced its new Dublin – Liverpool (Birkenhead) freight service on 15 February 2024. The addition of the new route is expected to further boost the company’s freight volumes following a record year on its Irish Sea services in 2023.

The addition of the new service will be Stena Line’s seventh route in the Irish Sea region complementing its Belfast – Cairnryan, Belfast – Heysham, Belfast – Liverpool, Dublin – Holyhead, Rosslare – Fishguard and Rosslare – Cherbourg services.

With RoPax STENA HORIZON temporarily operating on the new Dublin- Liverpool route, the company is currently assessing ship deployment options for a permanent freight-only RoRo vessel.

Feb 16
Love1

Onex Group: for the first time ferries from Algeria enter a Greek shipyard

By 2024 Newsletter week 07

ONEX Group (Technology Systems & Business Solutions) has won two international open tenders from the state shipping company of the Republic of Algeria, ENTMV (Entreprise Nationale de Transport Maritime de Voyageurs).

These tenders pertain to two ferries in the Algeria Ferries fleet, which connect Algeria with France (Marseille) and Spain (Barcelona and Alicante). As a result, the ONEX Group Shipyards in Elefsina will undertake the maintenance and complete renovation of the 153m-long TARIQ IBN ZYAD (1995). The ship has already been docked at the Elefsina Shipyards since February 11, 2024, marking the first Algerian ship to enter a Greek Shipyard.

In the coming weeks, the 200m-long BADJI MOKHTAR III (2021) will also undergo a general overhaul at the Elefsina Shipyards.

Photo: Wikipedia

Feb 16
Love1

Seajets is interested in introducing HSC SANTORINI PALACE on the Samos-Ikaria run

By 2024 Newsletter week 07

Seajets has announced its intention to introduce the HSC SANTORINI PALACE on the Piraeus-Syros-Mykonos-Evdilos (Ikaria)-Karlovasi (Samos) route from June 1st until September 30th.

SeaJet’s interest in the Ikaria and Samos route has been evident since the previous period, with the approval of their HSC MEGAJET in October 2023 on the same route by the Coastal Transport Council.

The route will be daily, with the ship departing from Piraeus 9 AM and arriving in Evdilos 1 PM. On its return voyage, it will depart Evdilos for Piraeus at 6 PM.

Minoan Lines has recently chartered the HSC SANTORINI PALACE to Seajets.

Photo: Minoan Lines

Feb 16
Love1

Keel laying ceremony for the innovative ro-ro ship NEOLINER ORIGIN at RMK Marine Shipyard

By 2024 Newsletter week 07

Neoline Armateur celebrated the beginning of assembly of its first NEOLINER ORIGIN at RMK Marine shipyard in Tuzla, Turkey, marked by the laying of the first block. The launch of the ship is planned for December 2024, with delivery scheduled for June 2025 in Turkey.

The inaugural voyage of the NEOLINER ORIGIN, a 136-metre wind-powered ro-ro cargo ship, is set for July 2025, connecting the ports of Saint-Nazaire, Saint-Pierre-et-Miquelon, Baltimore, and Halifax.

Following the contract’s commencement in January 2023 and several months of detailed design studies, construction of the NEOLINER ORIGIN officially commenced on November 8 at RMK Marine Shipyard in Tuzla, Turkey, during the cutting of the ship’s first steel sheet. The ship is designed for specialized transport of rolling and oversized freight.

The NEOLINER ORIGIN will be equipped with nearly 3,000m2 of sail and two foldable Solidsail carbon masts, each 76m in height, manufactured by Chantiers de l’Atlantique. It will also feature retractable anti-drift plans made by Fouré Lagadec and will be equipped with an ultra-efficient weather routing system developed by D-ICE Engineering. These innovative technologies, along with a commercial speed of 11 knots, will enable the NEOLINER ORIGIN to achieve fuel savings of up to 80% to 90%, resulting in a significant reduction of associated greenhouse gas emissions.

With a loading capacity of 1,200 linear metres (2.8m wide) or 265 20′ containers, weighing a maximum of 5,300 tons, the NEOLINER ORIGIN can accommodate various types of cargo.

Feb 09
Love1

DFDS Q4 interim & full-year report: solid result for 2023

By 2024 Newsletter week 6
  • EBITDA of DKK 5.0bn in line with Win23
  • Revenue up 2% to DKK 27.3bn
  • Ferry & Logistics network expanded
  • Adjusted free cash flow of DKK 2.8bn
  • Total dividend and share buyback of DKK 600m
  • EBIT 2024 outlook of DKK 2.0-2.4bn (2023: DKK 2.3bn)

Q4 2023

  • Challenging freight markets
  • EBITDA reduced 5% to DKK 1.0bn
  • Cash inflow of DKK 1.5bn from sale and leaseback of three ferries
  • CO2 ferry emission intensity lowered 2%

OUTLOOK 2024

  • EBIT of DKK 2.0-2.4bn
  • Revenue growth of 5-8%
  • Adjusted free cash flow of around DKK 1.5bn

“We’re pleased to deliver a solid result for 2023 despite challenging freight markets. Our ferry and logistics network has been expanded significantly, and in 2024 we will focus on unlocking value as we start executing on our new strategic and financial ambitions,” says Torben Carlsen, CEO.

Read the Q4 2023 interim and full-year report here.

Feb 09
Love1

DFDS January volumes: good start to the year

By 2024 Newsletter week 6

Ferry – freight

  • Total volumes in January 2024 were 10.1% above 2023 and up 5.1% adjusted for the addition of Strait of Gibraltar routes and closure of the Calais-Tilbury route.
  • North Sea volumes were above 2023 partly due to the addition of further automotive volumes on one route.
  • Mediterranean volumes were below 2023 following a slow start as volumes picked up through the month.
  • Channel volumes were above 2023 driven by the Dover Strait routes.
  • Baltic Sea volumes were also above 2023 despite reduction of capacity between Estonia and Sweden compared to 2023.
  • For the last twelve months 2024-23, the total transported freight lane metres decreased 6.7% to 38.7m from 41.6m in 2023-22.

Ferry – passenger

  • The number of passengers in January 2024 were 87.4% above 2023 and up 2.7% adjusted for the addition of Strait of Gibraltar routes.
  • The adjusted increase was driven by more Channel passengers while the number of passengers on other routes were below 2023.
  • The number of cars were 58.4% above 2023 and on level with 2023 adjusted for Strait of Gibraltar.
  • For the last twelve months 2024-23, the total number of passengers increased 19.7% to 4.7m compared to 3.9m for 2023-22.
Feb 09
Love1

Smyril Line has signed contracts for two modern and environmentally friendly RoRo cargo ships

By 2024 Newsletter week 6

Smyril Line has signed a contract with the CIMC Raffles shipyard in China to build two new RoRo ships.

The identical twins will be 190m long and have a 3,300 lane metre capacity.

The new cargo ships will join Smyril Line’s current network, and they are planned to start sailing in 2026. The ships are designed for optimal year-round seaworthiness in the North Atlantic with great emphasis on crew comfort.

The ships are being designed in close cooperation with KNUD E. HANSEN, naval architects, who, together with the extensive experience of Smyril Line in the North Atlantic, will ensure that the ships are built for the special route between Europe, the Faroe Islands, and Iceland.

The ships will be modern and environmentally friendly, meeting all international emission standards. Compared to the company’s existing fleet, they will emit significantly less per transported ton. At the same time, the ships will be equipped with a battery system and the possibility of shore power.

The ships will also be prepared to sail on e-methanol, considered the best future choice for green energy at Smyril Line.

Source: Knud E. Hansen

Feb 09
Love1

AS Tallink Grupp Statistics for January 2024

By 2024 Newsletter week 6
  • 329,974 passengers (-2.4%)
  • 28,606 cargo units (+4.5% )
  • 50,234 passenger vehicles (-3.0%)

The January Estonia-Finland results reflect operations of the shuttle services of MYSTAR andMEGASTAR as well as the operation of the cruise ferry VICTORIA I that started operating the 22-hour cruise service from 12 October 2023.

The shuttle vessel Megastar did not operate on the route for 6 days in total due to scheduled maintenance.

The January Estonia-Sweden results reflect the operations of the Tallinn-Stockholm and the Paldiski-Kapellskär routes by one cruise ferry and two cargo vessels.

Feb 09
Love1

Ventouris Ferries’ RoPax BAJA STAR arrived in Greece

By 2024 Newsletter week 6

On February 4, 2024, the new acquisition of the Greek based Ventouris Ferries RoPax BAJA STAR arrived in Greece. The ship left Mexico on December 26, 2023.

She was built in Japan (1992) for Marine Express Co (Tokyo). She was sold to Mexican Baja Ferries in 2016 and served the Pichilinque – Mazatlan line. The GT 25,000 ship will be delivered in Perama to her new owners and then undergo a small refit before entering service on the Greece-Italy or Albania – Italy lines.

Her carrying capacity is for 705 passengers (660 beds) and 1,400 lane meters.

Photo: Voyager (Christos Chatzaras)