FERRY FINANCE

By 2019 Newsletter week 29

Cargotec’s Macgregor Received Clearance From The Chinese Competition Regulator For The Acquisition Of The Marine And Offshore Businesses Of TTS Group

MacGregor, part of Cargotec, has received a clearance decision from the Chinese competition regulator, SAMR, for the company’s acquisition of the marine and offshore businesses of TTS Group ASA. Based on revised estimates, potential cost synergies are estimated to be around EUR 25-30 million on annual level.

MacGregor now has all the regulatory approvals needed to be able to complete the transaction, which was announced on 8 February 2018. Closing of the transaction is expected to take place 31 July 2019. MacGregor previously announced approval from the German regulator on 6 November 2018, and approval from the South Korean authority on 27 December 2018.

FERRY PORTS

By 2019 Newsletter week 29

Dublin Port Prepares The Next Step For Its Masterplan

Dublin Port Company (DPC) is lodging an application for permission for its MP2 Project, the second major capital development project from the Port’s Masterplan 2040.
The MP2 Project involves an application for a 15-year permission for phased development works within existing port lands in the north eastern part of the port estate.

Key elements include:
A new open structure Ro-Ro jetty (Berth 53) for ferries up to 240m in length.
A reorientation of Berth 52.
A lengthening of an existing river berth (50A) to provide the Container Freight Terminal with additional capacity to handle larger container ships.
Consolidation of passenger terminal buildings, demolition of redundant structures and buildings, and removal of connecting roads to increase the area of land for the transit storage of Ro-Ro freight units.

The MP2 Project is the second of three Strategic Infrastructure Development projects required to deliver the vision of Masterplan 2040. This vision sees Dublin Port reaching its ultimate capacity by 2040 with no additional infill of Dublin Bay. The need now for the MP2 Project arises from both the level of future growth DPC is projecting and the time required to complete the development works.

New Fast Ferry Terminal Projects In The Ports Of Trapani And Palermo

By 2019 Newsletter week 29

The port authority of Palermo, Sicily, officially opened a newly built terminal in Trapani on the Marinella quay for fast ferries deployed on the routes from and to the Egadi and Pantelleria islands.

The so-called Trapani Fast Ferry Terminal is the first work completed by the local port authority under the management of Pasqualino Monti, appointed chairman two years ago.

Further two public tenders which are worth € 2 million have just been launched to relocate the terminal for the high-speed crafts in the port of Palermo.

CLdN and Brittany Ferries Are Part of the Success of Port of Santander

By 2019 Newsletter week 29

The Spanish Port of Santander closes the first half year with an increase in total traffic of 9.6% and 6.2 million tons of cargo.

It is the best half year of the last five years and represents a clear recovery of merchandise traffic since the drop experienced in 2016.

On the ferry side, the line from CLdN has driven the growth of the Margen Norte dock. In addition, ro-ro cargo moved by Brittany Ferries has increased by 8.8%.

Through its hub in Zeebrugge, CLdN links Santander with Dublin, Purfleet, Killingholme, Esbjerg and Göteborg.

Brittany Ferries has direct ro-pax connections between Santander and Cork, Plymouth and Portsmouth.

TECHNOLOGY

By 2019 Newsletter week 29

Corvus Energy Launches New Battery For Cruise, Ro-Pax And Ro-Ro Ships With Unlimited Capacity

Corvus Energy, the well-known supplier of batteries for hybrid and zero-emission vessels, is introducing its next generation Energy Storage System (ESS), called ‘Corvus Blue Whale’. It is ideal for applications that require low charge/discharge rate combined with very high energy demand such as Cruise, Ro-Pax and Ro-Ro vessels.

By using energy-dense battery cells and a space-saving design, its volume per kWh is reduced by 50% and the weight per kWh is reduced by amazing 30%. Its modular design uses quick connectors for easy commissioning and reduced installation costs.

Corvus Blue Whale has no limitations with regards to size.

IN THE MEDIA

By 2019 Newsletter week 29

SAAREMAA I Enters Service On Matane – Baie-Comeau – Godbout

Société des traversiers du Québec will finally have a ferry to relieve FÉLIX-ANTOINE-SAVARD, which in its turn was a stop-gap solution for the ill-fated F. -A. -GAUTHIER.

The latter experienced engine damage in December. The dual-fuel LNG ferry built by Fincantieri in 2010 is still being repaired