FERRY FINANCE

By 2020 Newsletter week 1 & 2

Stable Turnover for Wasaline Despite less Sailings

The 2019 volumes were greatly affected by a 3-week absence of ferry WASA EXPRESS, and the Finnish postal strike.

This meant only 826 departures, compared to 850 in 2018.

Stable €19.6 million turnover

  • -3.5% Passengers (204,704)
  • -1.4% Cars (46,312)
  • -4.3% Freight units

Viking Line 2019: Record Number of Cargo Units

By 2020 Newsletter week 1 & 2
  • +4.2% cargo units (133,940) = an all-time record.
  • -1.7% Passengers (6,300,480) The volume decrease can primarily be attributed to cruise traffic between Stockholm and Mariehamn, with results affected by longer special cruises during the summer and fewer departures due to dry-docking. During the year, the ambition was to monitor and optimize ticket prices, which also had an impact on the volume trend.
  • +2.6% on ROSELLA, which sails between Mariehamn and Kapellskär with 752,336 passengers. Good result because of passengers with cars and Swedish cruise passengers
  • +0.4% passengers Helsinki – Tallinn (1,955,318).
  • +1.3% passenger cars (714,006) = second best ever.

Tallink Grupp 2019: Record Number of Passengers

By 2020 Newsletter week 1 & 2

In its 2019 Q4 and December statistics, Tallink Grupp sees the following trends:

  • +0.1% passengers = a record number of 9,763,210 passengers.
  • The biggest increase in the number of passengers was on the Finland-Sweden routes (+1.7% or 2,894,494 pax)
  • Estonia – Sweden passengers went down 7.9%
  • The number of passenger vehicles in 2019 increased on the Finland-Sweden routes, but decreased on all the other routes.
  • The number of cargo units transported by the company in 2019 also increased on the Finland-Sweden routes and Latvia-Sweden route and decreased on other routes. In total the company transported 379,634 units of cargo in 2019, which is 1.4% less than in 2018.
  • Q4 results affected by postal strike in Finland.
  • Paavo Nõgene, CEO of Tallink Grupp, said that the drop in cargo – “in a competitive environment” — would be tackled.
  • Start of building of new LNG Ferry MY STAR at Rauma.

Italian Antitrust Authority Postpones Moby’s Fine for Abuse of Dominant Position

By 2020 Newsletter week 1 & 2

The Italian Antitrust authority announced this week the decision to postpone the recalculation of the fine to Moby for the abuse of dominant position on the maritime links between the country’s mainland and Sardinia region.

In March 2018 the authority fined Moby and Compagnia Italiana di Navigazione (the former Tirrenia) with a sanction of €29 million for having misused their dominant position in three different routes of maritime transportation of goods. The investigation originated from the complaints of two logistics compagnie (Trans Isole and Nuova Logistica Lucianu), and of a maritime transportation company (Grimaldi Euromed), subsequently joined by the intervener in the proceedings Grendi Trasporti Marittimi.

In May last year the administrative court in Rome confirmed the sentence but asked for the fine to be recalculated while Moby group appealed the decision.

Now the Italian Antitrust Authority decided to wait until the delivery of the next sentence before (possibly) re-calculating the fine.

IN THE MEDIA

By 2020 Newsletter week 1 & 2

Delegation of Public Service for Secondary Corsican Ports Might Have to Be Revised

For the second time, the tender procedure for the ports of Porto-Vecchio and Propriano will probably be declared unsuccessful. The reason is the growing success of these smaller ports, which changes the framework for the DSP.

After having lost the main routes, La Meridionale was able to operate on Marseille – Propriano, and on Marseille Porto-Vecchio (the latter with Corsica Linea).

The fear is now that La Meridionale loses these secondary routes too.

Note from Ferry Shipping News: there are more questions than facts in this article. We’ll have to find out what the President of the Executive Board intends to propose at the next session of the Assembly of Corsica, on January 9 and 10. An emergency procedure will have to be started for a DSP until the end of this year.

SHORT NEWS

By 2020 Newsletter week 1 & 2
  • Viking Line does not plan to install rotor sails on its new VIKING GLORY, which is under construction in China. The rotor sail on the deck of VIKING GRACE will be tested for another year.
  • NILS DACKE is currently in the German Dry Docks (GDD) in Bremerhaven for a refurbishment and the installation of a Ballast Water Treatment plant.The sister ships TOM SAWYER and HUCKLEBERRY FINN were sent to Remontawa, while the PETER PAN got refreshed at Fayard.
  • FADIQ is on charter to DFDS at Sète.

PHOTOS OF THE WEEK

By 2020 Newsletter week 1 & 2

Anek Lines’ ASTERION II Went Out of Service for her Annual Dry Docking

Anek Lines’ large ASTERION II (31.804gt/1991) was in the Piraeus III dry dock from 4 to 7 January, performing scheduled repairs.

The ship arrived to NAFSI on December 14, 2019 while in the Adriatic Sea she was replaced by her fleet mate ELYROS. ASTERION II is expected to return back in service after January 20.

DFDS Takes Delivery of Fourth Mega RoRo

On 7 January, Jinling Shipyard handed over the fourth mega freight ferry to DFDS.

On 8 January the traditional flag hoisting ceremony took place.

Name: HUMBRIA SEAWAYS [link to MarineTraffic]

TOP STORY

By 2019 Newsletter week 51

Grimaldi Chose Avic Weihai for Two New Ferries for Finnlines

Grimaldi Group has chosen the Chinese shipyard Avic Weihai for the construction a pair of Superstar Class ferries due to be operated by Finnlines.

  • Contract price roughly USD 135 million each.
  • Delivery is scheduled as from 2023.
  • These new ice-class ferries are an evolution of the Fincantieri-built Star-class vessels.
  • Capacity 5,000 lane metres and 350 cabins.
  • They will have the biggest battery pack ever mounted on a ship.

This is the first time the Grimaldi Group will build ropax ferries in Asia. The other shortlisted yards were Hyundai Mipo, Jinling and Guangzhou Shipyard International in China.

All the European shipyards has been left out since the price were in some cases twice as high.