BC Ferries Q2 Results

By 2019 Newsletter week 48

Main figures for Q2 (July-August-September):

  • 48,000 sailings
  • 7.7 million passengers (-1.5%)
  • 2.9 million vehicles (+0.1%)
  • +4.5% net earnings

Mark Collins, BC Ferries’ President & CEO: “It appears that the traffic growth has reached its peak and, coupled with the recent price cap ruling, this makes prioritizing capital expenditures even more important. All net earnings are reinvested back into the coastal ferry system, which is critical to ensure we continue to operate a resilient and affordable service.”

FERRY PORTS

By 2019 Newsletter week 48

Ports Are Stronger Together

In 2019 Port of Antwerp signed Memoranda of Understanding with ports all over the world. Various project teams from the different ports are working towards wider partnership aimed at facing the challenges of the future together and achieving higher levels of performance.

INTERESTING

By 2019 Newsletter week 48

Investigation of Marine Accident With Viking Sky Recalls Safe Return To Port

The Accident Investigation Board Norway has initiated a safety investigation after the incident with the cruise ship Viking Sky’s engine failure at Hustadvika (Norway) on Saturday 23 March 2019.

The AIBN issued an interim report with a simplified narrative and initial findings from the incident. The report also include actions taken by the company. Further, the AIBN support the Norwegian Maritime Administration’s recommendations issued shortly after the incident.

Areas of further investigation include:

  • Engine room alarm management
  • Passage planning
  • Decision support
  • Lubricating oil management
  • Evacuation and LSA
  • Safety management
  • Local weather conditions and bathymetry
  • Safe Return to Port

“The Future of Shipping, Challenges and Possibilities” by Emanuele Grimaldi

By 2019 Newsletter week 48

The international seminar “Breaking Waves”, brought together top leaders and maritime experts in Helsinki on 21 November 2019, in order to discuss themes of interest to the industry, such as digitalisation, automation and environmental sustainability.

In his speech at the event Mr Grimaldi commented on the future of shipping, its challenges and possibilities.

“While shipping is already today the most efficient method of moving goods and people around the world, its green bar will be set higher and higher. In April last year the IMO concluded a ground-breaking agreement on CO2 emissions, “The Paris Agreement for Shipping”. IMO’s ambition is to reduce greenhouse gas emissions by at least 40% by 2030 and 50% by 2050 comparing to the 2008 level. Considering that the fleet capacity will have increased dramatically meanwhile, this means that we will have to reduce greenhouse emissions per ship by 80%. This means basically to aim for a zero-emission ship creation and diffusion,” Grimaldi said.

TECHNOLOGY

By 2019 Newsletter week 48

Attica Group invests in Digital Transformation implementing the Fleet Management System SERTICA, in cooperation with Logimatic

In the framework of its Digital Transformation, Attica Group is implementing the Fleet Management System SERTICA, in cooperation with the Danish Company Logimatic. The aim is to ensure reliable vessel operations and high quality ship management.

Through SERTICA, all data related to the technical management and operation of the vessels is centrally controlled. This results in significant improvement of the workflow and in the efficient planning of scheduled maintenance works.

In addition, International Safety Management Code (ISM) is fully digitized. A particularly important advantage of the application is also the complete overview of all fleet data, reducing dry docking time and repair costs. The implementation of the System is expected to be complete in October 2020.

SHORT NEWS

By 2019 Newsletter week 48
  • Ferry Shipping News understood that Grimaldi is now in advanced negotiation with Avic Weihai Shipyard for the imminent Finnlines order for the Super Star class ferries, Other shortlisted yards were GSI, Jinling, and Hyundai Mipo.
  • The fast craft Adriatic Express, used by the new operator Split Express, is for sale.
  • Moby reintroduced Moby Wonder and Moby Aki on their regular Livorno- Olbia crossings, after the cancelled deal with DFDS.
  • Ro-ro ferry Eurocargo Trieste suffered an engine room fire after she left Livorno on 21 November. Fire was extinguished and she was towed into Livorno.
  • Nanjing Jinling Shipyard started the construction of the second 7,800 lane metre ro-ro ship built for Grimaldi Group.

PHOTOS OF THE WEEK

By 2019 Newsletter week 48

Support Strike for Postal Workers Paralyzed Finnish Shipping

The Finnish Seamen’s Union went on strike last Monday (25 November 2019) in support of a postal worker’s strike that had been underway for nearly two weeks in protest of the postal services unilaterally moving a segment of their workforce under a different collective agreement, which would have resulted in pay cuts of 30-40%.

All Finnish-flagged ships arriving in port after Monday morning were laid up; the strike hit Viking Line, Finnlines, Wasaline and Eckerö Line particularly badly, while Silja Line was also affected. The strike was resolved on Wednesday morning following negotiations led by the national conciliator Vuokko Piekkala, and shipping is expected to return to normal within a couple of days.

As a result of the strike, Viking Line’s CEO Jan Hanses issued a statement that the company were considering flagging the new Viking Glory to Sweden; currently all Viking Line ships sailing between Continental Finland and Sweden are Finnish-flagged and these services were thus entirely paralyzed as a result. Finnlines, meanwhile, attempted a creative solution: instead of leaving Travemünde for Helsinki, the Finnstar moved to the Travemünde-Malmö service – never arriving in a Finnish port and therefore not laid up for the strike – while the Swedish-flagged Europalink, normally sailing on the Malmö-Travemünde route was sent to Finland instead. In the end, the strike ended before the Europalink reached Finland.

Photo: Mariella, Gabriella and Silja Serenade all laid up at Helsinki on Monday 25 November

FERRY SHIPPING

By 2019 Newsletter week 47

Condor Ferries CEO Welcomes the Expertise of the New Owners

See also our extra news flash from 14 November 2019.

Paul Luxon, Condor Ferries’ CEO, said in a statement that he is delighted with the agreement between the current shareholder, Macquarie Infrastructure and Real Assets, to sell its 100% interest in Condor Ferries to a consortium of Columbia Threadneedle Investments, the majority shareholder, and Brittany Ferries.

“The new shareholders wholeheartedly share our vision and strategy for maintaining and developing essential Channel Islands’ lifeline ferry services across the freight supply chain, Islander travel and tourism sectors. Having met with senior executives of CTI and BF on several occasions, the company welcomes such experience and expertise from the new shareholders and having introduced them to key stakeholders including politicians and senior civil servants, discussions on fleet replacement and future investment will continue.”

He added that Condor Ferries’ management and staff will continue to deliver the five-year business plan that is underway. “We will continue to focus on providing efficient and effective sea connectivity to support the Channel Islands’ economies”.

Fjord1 Celebrates the Arrival of ROVDEHORN and SKOPPHORN

By 2019 Newsletter week 47

ROVDEHORN and SKOPPHORN are the 7th and 8th ferry built by Havyard for Fjord1. In total, 13 ships have been ordered. The hulls are built in Turkey, the outfitting is done in Norway.

The two ferries were built to enter service on 1 January 2020, on the route Magerholm – Sykkylven.

Regular crossings will be on battery, however, if needed there is a backup with biofuel.

The ferries are equipped with four engines from Norwegian Electric Systems, who also supplied power systems, switchboards etc.. The propulsion system comes from Kongsberg and the batteries are from Corvus and NES.