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sandra

Jan 07
Love1

Tallink Grupp’s Latest Statistics Reveal Impact of Pandemic

By 2021 Newsletter week 1

Tallink’s Q4 and December statistics reveal the total impact of COVID-19 on the company’s annual passenger, vehicle and cargo figures.

  • -61.8% passengers in 2020
  • -82.5% Latvia-Sweden
  • -81.9% Estonia-Sweden
  • -66.1% Finland-Sweden
  • -52.3% Estonia-Finland
  • -36.7% passenger vehicles in 2020

Despite the many challenges during the year, the company transported a total of 359,811 units of cargo during 2020, which is only 5.2% less than during the full year 2019.

Paavo Nõgene, CEO of Tallink Grupp, said commenting on the results, “…. the company has weathered this storm as well as possible… and we are ready to carry on our battle through the storms and are determined to begin the road to recovery in 2021”

Jan 07
Love1

The Magic is Gone

By 2021 Newsletter week 1

Norway has introduced new infection control measures for at least two weeks.

Color Line has therefore decided to withdraw cruise ferry COLOR MAGIC between Oslo and Kiel until further notice.

COLOR FANTASY has previously been taken out of service on this route.

Freight continues to be handled by roro COLOR CARRIER between Oslo and Kiel, and ropaxes SUPERSPEED 1 and 2 between Kristiansand, Larvik and Hirtshals.

Lacking an important part of its income, Color Line finds itself forced to announce redundancies of another nearly 500 employees in addition to the around 1,000 who have already been laid off, said CEO Trond Kleivdal.

Photo: Jørgen Syversen

Jan 07
Love1

Seven years Later, She’s Back

By 2021 Newsletter week 1

COTENTIN is back on Poole-Cherbourg, after a 7-year charter to Stena Line as STENA BALTICA.

In April, BARFLEUR will take over on the Poole to Cherbourg route.

COTENTIN will then switch to cover the Portsmouth-Le Havre route, replacing Brittany Ferries’ ETRETAT, which will return to Stena RoRo as her charter ends.

Jan 07
Love1

New CEO for Fjord Line

By 2021 Newsletter week 1

The Board of Directors has appointed Brian Thorsted Hansen (53) as the new CEO of Fjord Line.

Thorsted Hansen has extensive business experience and has for the past 14 years worked at DFDS, formerly serving as Vice President and Head of Business Unit Group Passenger.

Jan 07
Love1

From Ice Cold to Red Hot

By 2021 Newsletter week 1

Once Kvarken Link’s newbuilding AURORA BOTNIA enters service in May 2021, the well-traveled WASA EXPRESS (1981) will move from the icy waters of the Gulf of Botnia to the Red (hot) Sea.

New owner will be UME Shipping LLC.

“With our latest acquisition, we will be the first operator with a battery hybrid ferry in the Red Sea”, says Mr Mohamed Badawy, Chairman and owner of UME Shipping.

Jan 07
Love1

Deadline for Moby’s Rescue Plan Postponed Again to the End of March

By 2021 Newsletter week 1

The Court of Milan gave its green light to the request received from Moby and Compagnia Italiana di Navigazione (Tirrenia) to postpone until the end of March the expiring date for submitting a debt restructuring plan to be submitted to bondholders and banks.

The first expiring date was 28 October 2020 and was already prolonged for two months but now the Onorato-controlled group obtained from the court a further three months thanks to a recently approved law related with the Covid-19 measures to support companies based in Italy.

Some sources revealed to Ferry Shipping News that one of the two alternative options informally submitted to the creditors by Moby’s top management would foresee the set-up of a newly built vehicle company in which some ferries bound for sale would be transferred.