Fjord Line Welcomes New Catamaran

By 2021 Newsletter week 9

Friday February 26 saw the delivery of Fjord Line’s new high-speed catamaran, “FJORD FSTR”.

The 110m-long 31m-wide vessel was built by Austal in the Philippines.

Speed: 37 knots

Capacity: 410 vehicles and 1200 passengers

Time for crossing: 2 hours and 15 minutes between Kristiansand and Hirtshals

She still has to make the long journey from the Philippines to Norway.

Corsica Linea And La Méridionale Have Been Awarded The Corsican Public Service Contract

By 2021 Newsletter week 9

No surprise: the Corsican Assembly has voted to attribute the 5 subsidised ferry lines to Corsica Linea and La Méridionale. (public service contract).

Route 1: Marseille – Ajaccio: Corsica Linea & La Méridionale

Route 2: Marseille – Bastia: Corsica Linea

Route 3: Marseille – Portovecchio: Corsica Linea

Route 4: Marseille – Propriano: La Méridionale

Route 5: Marseille – Ile-Rousse: Corsica Linea

Period: 1 March 2021 – 31 December 2022

Earlier it was reported that Corsica Ferries’ offer was rejected (because of “non-compliance of the offer”).

The Report (in French) can be downloaded here

Sea Lines Decide To Suspend Turkey – Romania Route For A While

By 2021 Newsletter week 9

On February 2, Sea Lines launched a new roro line between Karasu in Turkey and Constanta in Romania. After only two weeks, they had to close the new line, temporarily.

“Due to an unsustainable heavy administrative burden and unforeseen costs, the Karasu-Constanta Ro-Ro route will be temporarily suspended. Sea Lines is in consultation with authorities, ports and customers, supporting the necessary changes to resume the service.”

Roro vessel VASALAND is now on its way to Tunisia for another charter.

SHORT NEWS

By 2021 Newsletter week 9

Kerkyra Lines’ ferry EVDOKIA (300gt/1995) performed her first sailing from Corfu to the Diapontia Islands on March 2, 2021.

EVDOKIA was built in Japan (1995) and her carrying capacity is for 300 passengers and 20 cars.

  • Rederiaktiebolaget Eckerö has signed an agreement with Wiklöf Holding Ab to sell its entire holding of 22,429 shares (11.3%) in Alandia Försäkring Plc. The deal will be completed in the next week.
  • DFDS charters roro PAQIZE for the Turkey – Europe route. (3 months)(MarineTraffic)

PHOTOS OF THE WEEK

By 2021 Newsletter week 9

The christening of the roro ECO LIVORNO took place at the port of Livorno, March 2nd.

The brief ceremony was held on the occasion of the ship’s inaugural call in the port of Livorno – her first Italian stop since she left the Jinling shipyard.

At the end of the brief speeches, the ECO LIVORNO was blessed by Mons. Placido Bevinetto, belonging to the diocese of Livorno. The ceremony ended with the cutting of the ribbon and the traditional breaking of the bottle by the godmother Nicoletta Landi, the wife of Livorno’s mayor Luca Salvetti.

The ECO LIVORNO will set sail from the Tuscan port to begin serving regularly the roro connection between Livorno, Savona, Barcelona and Valencia.

Tallink Grupp Reports Net Loss

By 2021 Newsletter week 8

Tallink Grupp reported an unaudited net loss of EUR 108.3 million for the 2020 financial year (net profit of EUR 49.7 million in 2019), resulting from travel restrictions, border closures and states of emergency due to the global COVID 19 pandemic.

Consolidated revenue amounted EUR 442.9 million (949.1 million)

EBITDA EUR 8.0 million (171.1 million)

Gross profit EUR -43.5 million

-62% passengers

-5.2% cargo units

-20% trips

Attempts to boost its operations by setting up various temporary routes during summer 2020 and by operating a number of special cruises where possible. These attempts were once again curbed in autumn 2020 by travel restrictions.

Investments EUR 100.1 million.

Mainly prepayment instalments for the new LNG-fuelled vessel MYSTAR (2022).

Also increasing the company’s cargo capacity by acquiring roro SAILOR.

The group ended the year with a total liquidity buffer of EUR 147.1 million (EUR 128.9 million in 2019).

Employee numbers: from 7240 at the end of 2019 to 4237 at the end of 2020.

Tallink Grupp’s CEO Paavo Nõgene: “As we wait for the COVID storm to pass and borders to reopen for travelling, we continue to develop business areas we feel will give us a strategic advantage going forward and enable us to spread risks, make preparations for offering our services again with an even stronger focus on safety and sustainability and get ready to provide safe and happy journeys and to reunite people around the Baltic sea after a year of separation.”

Tallink: Negative Covid Test Result Prior To Boarding

By 2021 Newsletter week 8

Tallink Grupp will require passengers travelling to Finland to present a negative COVID-19 test result certificate or a certificate from the GP evidencing that the passenger has recovered from coronavirus. The new requirement follows a strong recommendation from the Finnish Health Authority (Terveyden ja hyvinvointilaitos) to all shipping companies operating passenger ferries between Finland and neighbouring countries to introduce such a requirement.

Michalis Sakellis: “Ferry Companies May Be Forced To Divest Their Assets In Order To Survive”

By 2021 Newsletter week 8

In a recent interview published in the Reporter.gr, the Chairman of the Hellenic Passenger Shipping Business Association, Mr. Michalis Sakellis, pointed out the following:

  • The year 2021 is expected to be worse than 2020 for the Hellenic Coastal Shipping, threatening the liquidity of the ferry companies as well as ferry services in Greece.
  • According to the Ferry Operator’s estimates, the first semester of 2021 was lost. They hope that the summer will be saved (July – August), but this will depend on the course of the pandemic.
  • The financial support provided by the state is not enough to cover the additional cost of fuel (65%-70% increase) and the near future is uncertain.
  • The renewal of the Greek Coastal fleet is also a major issue. Currently, the average age of the coastal fleet is 28,1 years and the fleet renewal project is estimated at EUR 4 billion for the next 15 years.
  • The current situation threatens the sector financially. The year 2020 ended with losses of EUR 130 million, while in 2021 losses are expected to be even greater.
  • It is possible that Ferry companies may be forced to sell their best ferries in order to survive. Development, with adverse effects on coastal shipping services.