Fjord1 Is Ready For A New Year With New Contracts

By 2019 Newsletter week 47

Q3 key figures

-14% Turnover NOK 705 million

+28% EBITDA NOK 278 million

+68% Net profit after tax NOK 115 million

  • The profit contribution has been positive from all segments (ferry, passenger boat, catering and tourist). 
  • Sales will grow next year when new contracts start on 1 January 2020.
  • 2019 is a transitional year with changes in the contract portfolio and major investments in zero- and low-emission vessels and the development of charging infrastructure. 
  • Fjord1 currently has 17 hybrid electric vessels in the ferry fleet and by the second half of 2020 the company will have an additional 13 hybrid electric vessels in operation. On January 1st, Fjord1 will start operating nine new connections in Hordaland, all with new environmentally friendly technology. A large part of the ferry fleet in Fjord1 will be zero emissions and contribute to a positive effect on the environmental footprint through significantly reduced CO2 emissions.
  • During the second half of 2020, the company will operate 30 electric ferries and 19 connections will be electrified. The Anda-Lote connection has been running electric for 1.5 years, and experience after passing 50,000 charges shows that the technology works as expected.

FERRY PORTS

By 2019 Newsletter week 47

Port of Los Angeles and Copenhagen Malmö Port Sign Collaborative Agreement on Sustainability and Environment

Copenhagen Malmö Port AB and the Port of Los Angeles have entered into a five-year Memorandum of Understanding to collaborate on sustainability and environmental issues. Officials from both ports signed the MOU at a ceremony held at the Port of Los Angeles Friday last week.

The MOU between the two ports focuses on facilitating dialogue, information exchange and sharing of best practices.

PPA Broke the 5 Million TEU Limit

By 2019 Newsletter week 47

Piraeus Port Authority (PPA) S.A. officially announced that on November 18th, 2019 it handled the container with number CSUN7025891. It was unloaded from the COSCO Shipping vessel CAPRICORN, reaching the total throughput in the port of Piraeus at 5,000,000 TEU for this year. The fact that the five million limit is already broken in November, brings the Port of Piraeus closer to the first position in the Mediterranean and possibly among the top four ports in Europe.

INDUSTRY ASSOCIATIONS

By 2019 Newsletter week 47

Port Of Dover Wins Espo Award 2019

13 November 2019, Port of Dover was awarded the ESPO Award 2019 in recognition of its successful strategy to reach out to the local community and to directly communicate with the port citizens. Using social media as a new way of communicating and demonstrating a high level of transparency about operational achievements, future strategies and environmental challenges and performance is becoming increasingly important for European ports who can only function and further develop if they receive the licence to operate from the local citizens.

The ESPO Award was handed out by the Director-General of DG Move Henrik Hololei (picture, right), during a ceremony at the “Albert Hall” in Brussels.

IN THE MEDIA

By 2019 Newsletter week 47

Total Silence At Québec Ministry Of Transport for Ferry Service to Îles-de-la-Madeleine

Mr Joël Arseneau, MP for the archipelago in the National Assembly is worried because of the total silence regarding the modernisation of the ferries.
Transport Minister François Bonnardel promised on 17 January 2019 to come with a plan on 12 June 2019. So far, nothing.

CTMA currently operates the ropax CTMA VACANCIER and roro CLIPPER RANGER.

Ferguson’s Shipyard Has Taken On ‘Dozens’ of Employees since Government Took Control

By 2019 Newsletter week 47

Ferguson’s shipyard has taken on ‘dozens’ of new employees since the Scottish Government took control — with ministers now preparing a masterplan for its long term future.

The workforce has been scaled up to around the 400 mark from a previous level of 350 as bosses look to secure a ‘pipeline’ of constant work, likely to include rebuilding Caledonian MacBrayne’s ageing ferry fleet.

SHORT NEWS

By 2019 Newsletter week 47

Naval architect and marine engineering company Foreship has announced plans to establish a new business entity in Germany, targeting January 1, 2020 as the launch date for Foreship GmbH

PHOTO OF THE WEEK

By 2019 Newsletter week 47

Stena Line Takes Delivery of New Ferry Stena Estrid

 Stena Line has officially taken ownership of its newest ferry STENA ESTRID following a handover ceremony at the China Merchants Jinling Ship (Weihai) Co., Ltd. (formerly AVIC Weihai Shipyard).

STENA ESTRID is the first of five next generation Stena Line ropax vessels that are currently being constructed. STENA ESTRID will now embark on a six-week journey to its new home on the Irish Sea, where it will begin service on the Dublin to Holyhead route in January 2020.

Follow STENA ASTRID via MarineTraffic

Stena Line owner Dan Sten Olsson attended a service officiated by the Reverend Stephen Miller of the Mission to Seafarers, who undertook the long held maritime tradition of blessing the ship, in order to bring it good luck at sea.

Following the signing ceremony, Stena Line’s Technical Operations Director Bjarne Koitrand and STENA ESTRID’s Senior Master Matthew Lynch and crew officially took ownership of the vessel.

Stena Line CEO Niclas Mårtensson said that the delivery of STENA ESTRID marks the start of a very important few months for Stena Line’s Irish Sea operations:  “Taking ownership is a major milestone for Stena Line,” said Mr Mårtensson, “and is the result of a very significant investment in our Irish Sea operations that reflects our commitment to the region and will ultimately see three of the world’s most modern ferries operating between Ireland and Britain. A first-class customer experience is a priority for us, so we are determined to deliver the best possible freight and travel service to our customers. STENA ESTRID will provide a more environmentally sustainable way to travel with more efficient loading and unloading operations, increased freight capacity and the best Scandinavian quality, style and design in our facilities,” he added.

STENA ESTRID will provide freight capacity of 3,100 lane meters, meaning a 50% increase in freight tonnage, and the space to carry 120 cars and 1,000 passengers and crew.

VIDEO

By 2019 Newsletter week 47

BC Ferries’ Hybrid Electric Island Class Are on Their Way to BC

BC Ferries’ first two hybrid electric Island Class ferries are on their way to British Columbia. The ships departed Constanta, Romania on November 20, 2019, on the semi-submersible vessel SUN RISE, for the 10,305 nautical mile journey to their new home in B.C.

Damen Shipyards Group is responsible for the transport of the ships.

The Transatlantic voyage will take approximately 40 to 45 days, depending on weather.

Econowind System is Being Tested on the DFDS Ship Lysbris Seaways

eConowind is a Dutch based company, fully dedicated to wind-assisted ship propulsion.