FERRY FINANCE

By 2020 Newsletter week 30

Kleven Shipyard is Saved

Green Yard Group took over the bankrupt Kleven Verft.

The core competence will be preserved and Green Yard Kleven wants also in the future to be one of Norway’s most renowned shipyards.

Green Yard Group has plans to continue the shipyard operations, but at the same time expand the operations to new business areas that can provide a stable supply of work in addition to shipbuilding and maintenance. Green Yard is Norway’s leading player in ship recycling, but wants to continue building ships at Kleven in addition to its other business areas.

There are also new owners for the two companies that were under Kleven Verft:

  • Kleven Maritime Technology continues to be owned by its own employees
  • Kleven Maritime Contracting has been taken over by Langset AS

Public Subsidies’ Extension to Tirrenia Cin Limited to February 28, 2021

By 2020 Newsletter week 30

The ‘Decreto Rilancio’ law, which was approved by the Italian parliament a few days ago, decreases the time for the extension of the public subsidies, from 18 July 2021 to 28 February 2021.

It concerns the public subsidies of yearly EUR 72 million, were granted to Tirrenia Cin for the maritime continuity with the main islands (Sardinia, Sicily and Tremiti).

The public concession should have expired on last July 18, but due (also) to the coronavirus the term had necessarily to be postponed.

Two of the competitors on the routes, Grimaldi and Grendi, said they would oppose this postponement at the Antitrust authorities both in Italy and in Europe.

The extension agreed by the Decreto Rilancio law is anyway subject to the approval from the European Commission.

FERRY PORTS

By 2020 Newsletter week 30

Smyril Line’s New Service to Hirtshals Exhibits Growth after the First Six Months

In January, Smyril Line started a new service from Hirtshals to Torshavn on the Faroe Islands and Thorlakshöfn in Iceland. Thorlakshöfn is located 40 km south of the Icelandic capital Reykjavik. The service is operated by roro AKRANES, and after the first six month, the service is exhibiting a steady growth on the traffic between West Iceland and Hirtshals.

The European Union Supports the Establishment of the Infrastructure of the Tallinn-Helsinki Twin City Maritime Connection with EUR 10 million in the Joint Project TWIN PORT 4

By 2020 Newsletter week 30

The ports of Tallinn and Helsinki will receive up to EUR 10 million of European Union support from the Connecting Europe Facility (CEF) for infrastructure investments. The total volume of planned investments is EUR 33 million.

As the project number suggests, this is the fourth TWIN PORT project, the aim of which is to develop one of the most active shipping routes in Europe between two capitals on the shores of the Gulf of Finland.

IN THE MEDIA

By 2020 Newsletter week 30

Michel Cigrang Retired as CEO of CLdN CARGO

In his place came Florent Maes, to whom the other divisions have recently also reported.

Michel Cigrang was the last family member involved in the company management on a daily basis.

Minister: Covid-19 Checks Continue on Board Greek Ferries

Covid-19 testing on board ferries traveling to the Greek islands, mask wearing inside ships, as well as measures to limit crowding at small island ports are being implemented, said Maritime and Island Policy Minister Yiannis Plakiotakis.

Scots Government Agrees £200,000 Contract with Consultancy Firm to Advise on Ferries Debacle

An initial £97m contract has been marked by cost overruns, delays and a contractual dispute.

SHORT NEWS

By 2020 Newsletter week 30

Greek Interest for the Small Japanese Ferry NEW IBUKI

An Ionian ferry operator seems to be interested to purchase the NEW IBUKI, of the Japanese Kan-onji City.

The ship served on the Kannonji-Ibukijima route and last March was replaced by the newbuilding NEW IBUKI II.

The NEW IBUKI was built in 1994 by Mitsui Shipbuilding (Tamano). She is 137gt, 34,76m long, 7m wide and 3m draught. Her carrying capacity is for 300 passengers. She has 2 main engines (1.300 bhp) and her service speed is 17 knots.

VIDEO

By 2020 Newsletter week 30

Electric, Composite And Dangerous Goods

A nice video of BARMEN, world’s first fully electric car ferry, made from composites, and that can transport dangerous goods.

The ferry was built by the Norwegian Måløy shipyard and delivered to Vidar Hop Skyssbåter in 2019.

Side by Side Sprint

By 2020 Newsletter week 30

Austal Australia has celebrated the company’s success in high-speed trimaran technology and Australian shipbuilding capability following a successful side-by-side ‘sprint’ by the 118m BAJAMAR EXPRESS and 83m QUEEN BEETLE trimaran ferries off the coast of Perth, Western Australia.

As BAJAMAR EXPRESS was departing Australia on her delivery voyage to the Canary Islands, she was joined by QUEEN BEETLE undergoing sea trials, in an historic moment capturing two Austal trimaran ferries.