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sandra

Jan 09
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SIEM Charters Out New RoRo LEEVSTEN to CTN

By 2020 Newsletter week 1 & 2

SIEM RoRo, a UK-based company, part of the SIEM Group, has just chartered out the newly built roro LEEVSTEN (4,100 lane meters capacity) to the Tunisian carrier CTN.

The vessel is the seventh sister ship part of a series of units built at the German shipyard Flensburger-Schiffbau-Gesellschaft.

Last summer she was rumoured to be bound for MOBY group. Moby already operates the sixth and the fifth sister units. They are bareboat chartered and operate as MARIA GRAZIA ONORATO and ALF POLLAK.

LEEVSTEN is expected to reach the port of Rhades, in Tunisia, on the 10th of January.

Some brokers sources report to Ferry Shipping News that the time charter terms with CTN are for 6 or 12 months at a daily rate of €15,000.

Flensburger Schiffbau-Gesellschaft launched its latest roro – LIEKUT — for former parent company SIEM Europe, last October.

Jan 09
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TT-Line Increases the Frequency to the Baltic States

By 2020 Newsletter week 1 & 2

TT-Line will expand the route between their Swedish hub in Trelleborg and Klaipeda (Lithuania), with up to five departures a week.

The ships will berth at a new, modern ferry terminal in Klaipeda, to be used exclusively by TT-Line. The freight will no longer have to pass the Klaipeda city centre, which will give a faster access to the road network in Lithuania.

Jan 09
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Scottish Vessel Delivery Plan Published

By 2020 Newsletter week 1 & 2

Economy Secretary Derek Mackay has given an update to Parliament on the Ferguson Marine shipyard which has now been taken into public ownership. Two ships are ‘under construction’ for domestic Scottish CMAL routes.

The additional cost to complete the two ferries is now estimated to be between £94.8 million to £98.8 million which includes the management and operation costs of the yard.

The estimated delivery window for GLEN SANNOX, which will operate on the Ardrossan to Brodick route, is October to December 2021.

The second vessel, which will operate on the Uig to Tarbert and Lochmaddy route, is expected between July and October 2022.

The contract for the vessels had an original value of £97 million with anticipated delivery of mid-2018.

A confidential (but public) report [external link to the 44-page report] notes that the ferries are at risk of being overweight and that the first ship is expected to be below contract speed when delivered.

Jan 09
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A-Ships Management’s GOLDEN BRIDGE charter to FRS expired

By 2020 Newsletter week 1 & 2

After a six-month period, FRS has decided not to extent the charter of the A-SHIPS Management’s GOLDEN BRIDGE.

The ship will soon return back to Greece. She will be temporarily replaced by Transmediterranean’s VRONSKIY on the Motril – Melilla line.

The Japanese-build vessel was chartered to FRS Iberia on April 2019 and entered service on the Motril – Melilla run on June 2019, after having completed successfully all the proper inspections.

Jan 09
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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
Jan 09
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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.
Jan 09
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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.
Jan 09
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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.