New Tender for the Removal of THEOFILOS of Anen Lines

By 2020 Newsletter week 45

The Port Authority of Elefsina announced that on December 10, 2020 will take place one more scheduled public open tender –following a Greek law about potential shipwrecks- for the removal of the old THEOFILOS of Anen Lines.  The former NILS HOLGERSSON is rusting away at Karavostasi B’ (Elefsis bay) since 2018 and considered dangerous for the navigation and safety in the area. The starting price for the tender was set to around EUR 1.5 million.

BLUE STAR DELOS Stops Sailings to Undergo Scrubber Conversion

By 2020 Newsletter week 45

November 4, 2020. Blue Star Ferries’ ropax BLUE STAR DELOS was transferred to the Perama repair zone (Dock 1) in order to undergo her scheduled scrubber conversion. The popular “blue” ship is expected to return in service in February 2021, while she will be replaced by her fleetmate BLUE STAR CHIOS.

The sisters BLUE STAR CHIOS and BLUE STAR MYCONOS will follow, undergoing a similar conversion.

VIDEO

By 2020 Newsletter week 45

POVL ANKER Looks Like Reborn

Orskov Yard has just completed a major upgrade of POVL ANKER. After a six weeks yards stay the ferry headed home to Bornholm looking like the vessel did in 1978 when it was first delivered.

FERRY SHIPPING

By 2020 Newsletter week 44

Moby’s Rescue Plan Postponed until the End of the Year

According to some sources familiar with the matter, Moby Group asked the Court of Milan an ex extra-time of 60 days for presenting its financial restructuring plan to be submitted to the creditors (banks and bondholders). Among the reasons behind the request there is also the Covid-19 emergency. If approved by the Court, the new deadline will be postponed until the end of the current year.

Earlier this month the financial news provider Reorg Research revealed that the Onorato-controlled ferry group is in talks with come investment funds about a possible new money provision amid the group’s restructuring.

Moby closed the first half of 2020 in red for EUR 50 million and the overall financial exposure increased to EUR 643 million, of which 160 million with banks, 295 million with bond holders and 140 million with subsidiaries.

DFDS’ Outlook for 2020 Raised by Higher Freight Volumes

By 2020 Newsletter week 44
  • DFDS’ outlook for 2020 has improved further as freight volumes in Q3 have developed more positively than expected. (both ferry and logistics activities).
  • The continued tightening of travel restrictions have, on the other hand, reduced the number of passengers in Q3 below expectations.
  • The outlook for freight volumes is expected to remain robust through Q4 and EBITDA before special items is therefore raised from DKK 2.2-2.5bn to DKK 2.5-2.7bn in 2020.

Fosen Yard Will Continue the Construction of FSG Hull 774

By 2020 Newsletter week 44

The ferry that was to become HONFLEUR for Brittany Ferries has left the Flensburg Shipyard on Sunday 25 October.

Tugs SVITZER THOR and CARLO MARTELLO are bringing the unfinished hull n°774 to Norway.

A contract between SIEM and Fosen Yard has been signed for the completion of the vessel.

Brittany Ferries said no to the much delayed HONFLEUR in June, when the problems at Flensburg yard took unhealthy proportions.

It is unclear what the intentions of SIEM are with the LNG-powered newbuilding.