The Cypriot-based SEAJETS proceeds to the purchase of another fast ferry, raising its fleet up to 16 HSCs.
The vessel is Bridgemans Trinidad LP’s OCEAN FLOWER 2, which was purchased in 2017 for the Trinidad -Tobago route. Unfortunately, plans failed, and the ship remained laid up in the Damen shipyard at Willemstad (Curaçao).
OCEAN FLOWER 2 was built in Australia (Incat) in 1996. Her carrying capacity is for 670 passengers and 150 private cars.
A recent staff meeting brought good news:
The investment company Tennor Holding took over the ailing FSG yard in August.
Deltamarin signed a contract with Rauma Marine Constructions (RMC). It covers basic and detail design services for Tallink’s new LNG-powered shuttle ferry set to operate between Helsinki in Finland and Tallinn in Estonia.
The value of the contract with RMC is about €7.5M. The work will be carried out over a period of about 16-18 months at Deltamarin’s offices in Finland and Poland with the assistance of network companies.
The Tallink shuttle ferry is the biggest vessel yet to be built by RMC. It will accommodate 2,800 passengers and will have 1,900 lane meters for articulated road vehicles, cars, lorries, etc. Utilising the newest technology and innovative solutions, the ferry will be extremely environmentally-friendly and energy-efficient. It will run on dual fuel with the main source of fuel being low-emission liquefied natural gas (LNG). The ferry is expected to be delivered early in 2022.
UK Government Signs Contracts Securing Continued Flow Of Vital Medicines After Brexit
The British government has signed freight capacity contracts that will help ensure vital medicines continue to enter the UK after Brexit, whatever the circumstances.
Following a robust procurement process, Transport Secretary Grant Shapps announced on 11 October that Brittany Ferries, DFDS, P&O and Stena Line will be ready to deliver capacity equivalent to thousands of HGVs per week from 31 October.
BC Ferries Raises $250 Million In Bond Financing
BC Ferries announced the closing of a CAD $250 million senior secured bond issue. The privately placed bonds, which are rated A (high) by DBRS and AA- by Standard & Poor’s, were sold to institutional investors across Canada. The bonds bear interest at 2.794% per annum and are due October 15, 2049.
Private equity investor Vaaka Partners has become the majority shareholder of Foreship LTD, a Finnish company specializing in ship design and engineering. With headquarters in Helsinki, Finland and more than 100 naval architects and marine engineering experts on board, Foreship is one of the leaders in cruise ship design, refits and ship life-cycle projects.
The company offers a comprehensive range of engineering solutions that include project coordination and management, classification design and engineering, as well as drydock and ships-in-operation services.
Shore Power To Improve Air Quality And Reduce Noise In Port And City Of Tallinn
Port of Tallinn will install the latest ABB shore power systems on five of its piers in the Old City Harbour as part of the first shore power project in Estonia, the aim of which is to supply the vessels that visit the port with shore electricity and thus reduce emissions and noise created by the ships’ engines.
According to the current timetable, the UK is due to leave the EU on 31 October. But what does withdrawal mean for those who ship freight between Sweden and the UK via the Port of Gothenburg? And will it affect those handling non-UK bound freight at the port?
Does Grimaldi Intend To Take Over ANEK LINES?
According to an article in the Greek news website newmoney.gr, there has been an exploratory discussion between a representative of the Italian Group and the management of Piraeus Bank, on whether there are conditions for Grimaldi Group to acquire ANEK LINES. A development that became serious when Piraeus Bank opened the discussion about the future of the MIG’s Attica Group (Superfast-Blue Star Ferries-Hellenic Seaways), as well as the future of ANEK LINES.
A few days ago, a senior executive of the Grimaldi Group said that Emanuele Grimaldi is interested in making serious investments in Crete. Within that framework there was a meeting held with the management of Piraeus Bank about ANEK LINES. However, the price was initially considered high and the conversation stopped there. Of course, that is not meaning that there will not be any surprises in the future.
Italian Group’s “circles” add that: “Crete must have one company resulting from the Minoan-ANEK merger and the Attica Group as a competitor”. Also they claimed that: “Minoan Lines have repaid all their bank loans while the company’s overall financial condition can possibly absorb the financial shocks from a possible purchase of the ANEK LINES “.
Moreover, senior executives of the Italian Group made a few points about the future of Hellenic Coastal Lines:
Also, they stressed that the Italian Group is always considering plans to expand its routes, but everything will depend on the conditions of the ferry market.
Caledonian MacBrayne is challenging the Scottish government’s decision not to give it a contract to run Northern Isles ferries.
Serco won a six-year contract in 2012 and it was named the preferred bidder to continue the service last month.
However CalMac, which is owned by the Scottish government, says its tender was cheaper than Serco’s.
