All Posts By

sandra

Oct 22
Love0

Fjord Line and Color Line Forced to Trim the Sails

By 2020 Newsletter week 43

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.
Oct 22
Love0

Less Passengers? More Freight Capacity for Spirit of Tasmania

By 2020 Newsletter week 43

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.”

Oct 22
Love0

Getlink’s Shuttle Profits Temporarily from Lifting of Quarantine

By 2020 Newsletter week 43

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.”

Oct 22
Love0

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

By 2020 Newsletter week 43

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.

Oct 22
Love17

Four New Electric, Highly Automated Ferries for the Stockholm Archipelago

By 2020 Newsletter week 43

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
Oct 22
Love12

Seajets Owner Marios Iliopoulos Invests in Cruise Ships

By 2020 Newsletter week 43

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).

Oct 22
Love0

Dirk Spoor Succeeds Paul Melles as Managing Director of Rederij Doeksen

By 2020 Newsletter week 43

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.”

Oct 22
Love0

FERRY PORTS

By 2020 Newsletter week 43

“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.